Archive for 'Real Estate'

Ohio AG to Ally: Stop foreclosure sales

Posted on 15. Oct, 2010 by Home mortgage rates and real estate news - CNNMoney.com.

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Ohio's top law enforcement official, firing another shot across the bow of Ally Financial, asked a judge on Friday to stop the sale of foreclosed homes in cases that relied on faulty paperwork.

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Countrywide’s Mozilo to pay $67.5 million settlement

Posted on 15. Oct, 2010 by Home mortgage rates and real estate news - CNNMoney.com.

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Angelo Mozilo, the former co-founder of Countrywide Financial, has agreed to pay $67.5 million to the SEC to settle fraud charges.

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It’s time to stop blaming the lenders

Posted on 15. Oct, 2010 by Home mortgage rates and real estate news - CNNMoney.com.

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Before we take the entire banking industry to task on the foreclosure mess, it bears reminding that the source of the problem is people who bought homes they couldn't afford. Let's blame them, too.

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Foreclosure auctions hit record

Posted on 14. Oct, 2010 by Home mortgage rates and real estate news - CNNMoney.com.

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Bank repossessions and foreclosure auctions hit record levels in the third quarter, RealtyTrac said on Thursday.

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Should I spend $60,000 to renovate my house?

Posted on 14. Oct, 2010 by Home mortgage rates and real estate news - CNNMoney.com.

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Question: My husband wants to do some renovations to our house that will cost at least $60,000, possibly a lot more. I'm 62 and he's almost 66. I'd like to know how much of a return on our investment we would get, if any, if we sell in about five years...

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States launch foreclosure probe

Posted on 13. Oct, 2010 by Home mortgage rates and real estate news - CNNMoney.com.

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Fifty state attorneys general announced a coordinated probe Wednesday into improper foreclosures performed by the nation's largest loan servicers, but stopped short of calling for a freeze on all foreclosures.

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Embattled homeowner to bank: You don’t own my loan

Posted on 13. Oct, 2010 by Home mortgage rates and real estate news - CNNMoney.com.

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Replique D'Amelio plays with her two children on their spacious lawn well aware the threat of foreclosure hangs like a cloud above the Wappingers Falls, New York home.

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Foreclosure fiasco: The latest

Posted on 12. Oct, 2010 by Home mortgage rates and real estate news - CNNMoney.com.

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Major mortagage servicers are broadening their investigations into the possible mishandling of foreclosures.

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JPMorgan Chase expanding foreclosure review

Posted on 11. Oct, 2010 by Home mortgage rates and real estate news - CNNMoney.com.

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JPMorgan Chase is expanding its review of foreclosure documents, according to a person close to the bank.

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