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Vacant possessions 7 Dec 2009 03:55 GMT
... it was difficult to believe that the real estate dream would become a nightmare for the ... borrowers face repayment calls on loans in negative equity that they cannot meet and the financial ...
Analysis: Vacant possessions 7 Dec 2009 07:17 GMT
... it was difficult to believe that the real estate dream would become a nightmare for the ... borrowers face repayment calls on loans in negative equity that they cannot meet and the financial ...
Many area homeowners are 'underwater' . 7 Dec 2009 16:53 GMT
... Worth-Arlington area has a higher percentage of negative equity homeowners than several other major metropolitan areas ... Worth-Arlington, 12.3 percent, or 46,082, of all residential properties with a mortgage were in negative ...
US housing meltdown not over yet 7 Dec 2009 13:50 GMT
... have been repossessed, according to data provider RealtyTrac. As the number of foreclosures has risen, ... almost a quarter of American homeowners in negative equity, unemployment running at 10 per cent and ... The cost to US banks of these residential property loan losses in 2008, this year and ...
Sheikh Mohammed: Prince who built an economy on dreams 7 Dec 2009 15:33 GMT
... Outwardly, Sheikh Mohammed, 62, continued to go about his ... were willing to preach caution, even as real estate and asset values fell." Sheikh Mohammed always ...
Fair Game: Why Treasury Needs a Plan B for Mortgages 6 Dec 2009 03:14 GMT
... failure to consider how much equity, or negative equity for that matter, the borrower has on ... which nobody wants, and further declines in real estate prices that will hurt homeowners as well ...
Morgenson: Why Treasury needs Plan B on mortgages 6 Dec 2009 19:46 GMT
... failure to consider how much equity, or negative equity for that matter, the borrower has on ... which nobody wants, and further declines in real estate prices that will hurt homeowners as well ...
US home prices to slide further 6 Dec 2009 21:50 GMT
... American homes have been repossessed, according to RealtyTrac, the data provider. As the number of ... almost a quarter of American homeowners in negative equity, with unemployment running at 10 per cent ... 2011.The cost to American banks of these residential property loan losses in 2008, 2009 and 2010 ...
U.S. 'not prepared' for option ARM flood 6 Dec 2009 04:39 GMT
... whether we should expect another wave of residential foreclosures -- or was the onslaught of ... the original mortgage was created and the negative equity built up over time. About 94 percent ...
Home Pricing Tests Real Estate Agents 3 Dec 2009 21:40 GMT
... the millions more who are close to negative equity and those forced by today's economy to ... to help with closing costs. For the real estate professional whose role it is to get the ... good at what they do)." A California Realtor summed it up. "Much of what we ...
Construction Spending in US Unchanged After Falling in Sept. 1 Dec 2009 16:15 GMT
... where we have an excessive stock of residential real estate and until we can firm up the ... worth. The number of homeowners with so-called negative equity, reached 10.7 million, or 23 percent, at ...
Editorial: Giddy Delinquency 2 Dec 2009 16:03 GMT
... I have an opinion on the national real estate climate. I know, the fact that I have ... street, and the sales pitches breathlessly leaving Realtors mouths are mostly positive, things would appear, ... started reversing in 2007, those caught with negative equity began giving up their homes in historical ...
First American CoreLogic: 23% Of Properties Are Underwater 1 Dec 2009 17:36 GMT
... Twenty-three percent of all residential properties, or nearly 10.7 million units, had ... million units, had mortgages that were in negative equity as of September, reports. An additional 2.3 ... debt outstanding. SOURCE: Don't miss the latest real estate finance news -- ...
Why Obama Won't Do What's Needed to Deal With the Mortgage Crisis 2 Dec 2009 18:17 GMT
... where 54% of homeowners with mortgages have negative equity. That's about half a million underwater mortgages, ... equity in excess of 25%. The total residential mortgage debt in Nevada is 1.14 times ... 1.14 times the value of the underlying real estate. The majority of America's underwater mortgages, about ...
Where U.S. Homes Are Most Overpriced 4 Dec 2009 00:58 GMT
... are underwater, according to Zillow.com's most recent Negative Equity Report. In that metro, homes are listed ... was in foreclosure in October, according to RealtyTrac--is among the least overpriced large metro, a ... the market," says Delores Conway, a visiting real estate economist at the Simon School at the University ...

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Pictures of the Day

reuters.com:
Quarter in U.S. Foreclosure Plan Late on Payments
United States Foreclosures News

news.com.au:
Yuletide Rush on Homes in Melbourne and Sydney
Australia Real Estate News

nzherald.co.nz:
New Zealand: House Values Climb But Many Vendors Choose to Stay Put
New Zealand Real Estate News

thisismoney.co.uk:
Could You Still Cash in on Your Home?
Equity Release News

timesonline.co.uk:
Wish You Weren't Here
Second Home Market News

telegraph.co.uk:
Beauty - But at What Price?
UK Real Estate News

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BusinessWeek names Tinley Park, Ill., 'Best Place in America to Raise Kids' [23 Nov 2009]

Florida commercial property Answer- Real Estate Subleasing Tip! [20 Nov 2009]

Austin Real Estate Broker Kenn Renner of BuyAustin.com Alert - First Time Homebuyer Credit extension Update! [16 Nov 2009]

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Choice Home Mortgage Services announces Reverse Mortgage Specialist, Frank Miller, has joined their exclusive Long Island Reverse Mortgages team. [26 Oct 2009]

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EIN News Columnists

The Success of Obama's Strategy Depends on A Very Shaky Pakistan (Joe Rothstein's Commentary) [05 Dec 2009 - 02:57]
Britain's Officials Tell The Truth About the White House Lies That Led to Iraq (Joe Rothstein's Commentary) [30 Nov 2009 - 20:38]

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Buying and Selling News

Ireland - Lakeside Home with Private Marina for Sale [07 Dec 2009 - 23:10]
C.A.R. Reports October Home Sales Increased 1%; Median Home Price Declined 3.2% [07 Dec 2009 - 23:08]
A little too late for me, Treasury to help streamline real estate short sales [07 Dec 2009 - 23:06]
Big Island sees 66% surge in home sales [07 Dec 2009 - 23:01]
Kauai home sales soar as prices drop [07 Dec 2009 - 23:01]

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Housing Market News

GLOCESTER: 150 Animals Now Homeless After Farm Foreclosure [07 Dec 2009 - 23:35]
C.A.R. Reports October Home Sales Increased 1%; Median Home Price Declined 3.2% [07 Dec 2009 - 23:08]
Kauai home sales soar as prices drop [07 Dec 2009 - 23:01]
Foreclosure Protection for Arkansas Storm Victims [07 Dec 2009 - 22:37]
Foreclosures rise in Springfield but dip nationwide [07 Dec 2009 - 22:35]

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Institutions News

Federal Housing Administration's condo financing rules already scuttling projects [07 Dec 2009 - 23:35]
Raleigh Regional Association Of REALTORS® Names Hall of Fame Award Recipients [07 Dec 2009 - 18:34]
Buyers Protection Group in LandAmerica deal [07 Dec 2009 - 16:37]
South Florida Green Realty Realtor® Achieves National Association of Realtors® Green Designation [07 Dec 2009 - 10:16]
Long Realty Company Receives Corporate and Community Achievement Award by the Tucson Association of REALTORS® [05 Dec 2009 - 05:30]

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Mortgage Lenders News

Bank of America says it modified 600,000 mortgages since January 2008 [07 Dec 2009 - 20:10]
Bank of America says 600,000 mortgages modified [07 Dec 2009 - 20:07]
Freddie Mac, FHLB, Fannie Mae 2009, 2010 note calendar [07 Dec 2009 - 16:42]
Freddie Mac bill sale: rates rise, demand stronger [07 Dec 2009 - 16:40]
Fannie Mae to sell $4 billion bills on Wednesday [07 Dec 2009 - 15:44]

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Property Developers News

Agile Property obtains US$150-mln loan from HSBC [07 Dec 2009 - 07:31]
Bellway warns housing market remains weak [05 Dec 2009 - 10:14]
Builder Bellway finding it tough in the North [05 Dec 2009 - 07:31]
Bellway blames dull sales on lending dearth [05 Dec 2009 - 04:30]
Bellway optimistic as reservations soar [05 Dec 2009 - 01:34]

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Real Estate Brokers News

Coldwell Banker Caine buys Greer-based ERA Riverside [07 Dec 2009 - 20:39]
Coldwell Banker Residential Brokerage Agent Named South Bay Chinese Women Association's Businesswoman of the Year [07 Dec 2009 - 20:11]
Eddie Sharp Racing's Justin Lofton Earns 2009 ARCA RE/MAX Series Championship: Honored at Championship Awards Banquet [07 Dec 2009 - 15:41]
RedFin Network Launches New Website [07 Dec 2009 - 06:50]
Liniger created unique real estate model with Re/Max [07 Dec 2009 - 06:32]

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Real Estate Financing News

Difference between Second Mortgage and Home Equity Loan [07 Dec 2009 - 22:14]
IAT Air Cargo Facilities Income Fund announces unitholder approval of proposed combination with Huntingdon Real Estate Investment Trust [07 Dec 2009 - 21:29]
IAT Air Cargo Facilities Income Fund announces unitholder approval of proposed combination with Huntingdon Real Estate Investment Trust (CNW) [07 Dec 2009 - 21:28]
SEC accuses 3 ex-New Century executives of fraud over subprime mortgage collapse [07 Dec 2009 - 21:02]
Low Mortgage Rates Lead Many to Consider Refinancing [07 Dec 2009 - 21:00]

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Real Estate Miscellaneous News

Weak Real Estate Market Has Many Paying Less Property Tax This Year [07 Dec 2009 - 23:32]
Court Upholds Sentence In Mortgage Fraud [07 Dec 2009 - 23:05]
Appeals Court Upholds Sentence in Mortgage Fraud [07 Dec 2009 - 21:26]
Mortgage execs face fraud charges [07 Dec 2009 - 21:10]
Columbus man pleads guilty to role in mortgage fraud scheme [07 Dec 2009 - 20:59]

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