Anna Kournikova Sells in Miami
Anna Kournikova sells in Miami, Nobu Matsuhisa Buys in Los Angeles and a Kauai beachfront home asks $24 million.
Comments Off
Anna Kournikova Sells in Miami
Anna Kournikova sells in Miami, Nobu Matsuhisa Buys in Los Angeles and a Kauai beachfront home asks $24 million.
Comments Off
Home Sales Drop In Connecticut
A real-estate tracking group says home sales in Connecticut dropped 13% in 2011 and sank to the lowest total since the firm began monitoring property data in 1987.
Comments Off
A Modest Home for Palm Beach
This 2,286-square-foot house, built around 1925, has no garage but does boast original details like pecky cypress ceilings, handblown stained-glass panes in the powder-room door and Cuban tile floors.
Comments Off
A Modest Home for Palm Beach
This 2,286-square-foot house, built around 1925, has no garage but does boast original details like pecky cypress ceilings, handblown stained-glass panes in the powder-room door and Cuban tile floors.
Comments Off
Record Low Rates Likely to Hold
Most mortgage rates fell to the lowest levels ever recorded, and it looks like they could hang near those lows through next week. The one exception is the one-year adjustable-rate mortgage.
The 30-year mortgage, 15-year mortgage and five-year, Treasury-indexed, hybrid adjustable-rate mortgage all fell to record lows.
This week's Treasury Market data suggests rates are likely to be about the same in next week's report.
The 30-year mortgage, 15-year mortgage and five-year, Treasury-indexed, hybrid adjustable-rate mortgage all fell to record lows.
This week's Treasury Market data suggests rates are likely to be about the same in next week's report.
Comments Off
Survey: Strip Off Jr Liens in Chapter 13 BKs
A majority of people in the legal community believe that a borrower should be able "strip off" a junior-lien mortgage in a bankruptcy payment plan even if the bankruptcy is not discharged.
The findings were based on a poll taken of lawyers, judges and other bankruptcy professionals as well as bankers and lenders.
The majority either agreed or strongly agreed that debtors should be allowed to strip off a wholly unsecured junior mortgage lien in a chapter 13 plan, even if they are not entitled to a discharge.
The findings were based on a poll taken of lawyers, judges and other bankruptcy professionals as well as bankers and lenders.
The majority either agreed or strongly agreed that debtors should be allowed to strip off a wholly unsecured junior mortgage lien in a chapter 13 plan, even if they are not entitled to a discharge.
Comments Off
Plots & Ploys: Touchdown Before Kickoff
Regardless of whether the New York Giants or the New England Patriots win Super Bowl XLVI on Sunday, a prohibitive favorite has emerged: Indianapolis-area hotels.
Comments Off
Servicing Business Becoming Unprofitable
The cost of servicing residential mortgages has gotten so out of hand that it is starting to make sense for some firms to get out of the business.
Costs associated servicing a performing mortgage could increase by more than half compared to pre-crisis levels.
On non-performing loans, the costs are likely to more than double.
Costs associated servicing a performing mortgage could increase by more than half compared to pre-crisis levels.
On non-performing loans, the costs are likely to more than double.
Comments Off
Mortgage Plan Draws GOP Opposition
Obama is betting his latest proposal to aid the housing market will fare better than earlier efforts, despite congressional opposition.
Comments Off