Finance & Mortgage
San Francisco Consulting Firm Recommends Taking Advantage of Lower Lease Prices Now as Demand for Office Space Increases
Rate on 30-year-mortgage remained 3.87% low record
U.S. Mortgage Applications Decline 1%: MBA
EDITOR'S PICKS
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Gov. Gavin Newsom Expedites Temporary Housing For Residents In Areas Struck By LA Wildfires
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Pasadena Native Lost Her House To LA Wildfires One Day After Paying Off Her Mortgage: 'It's Gone'
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How The Mircale Malibu Mansion And Pacific Palisades Home Survived The Devastating LA Fires
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What Happens To Your Mortgage And Property Tax When You Lose Your Home In A Natural Disaster?
Housing finance figures for December 2011 reveal that the November and December official interest rate cuts had a positive impact on home buyer confidence and new home lending in Australia, according to the Housing Industry Association, the voice of Australia’s residential building industry. Empire State Building Owner Files for IPO
The new company, Empire State Realty Trust, is seeking up to $1 billion in funding for control of a dozen office buildings, including the Empire State Building, totaling 7.7 million square feet. It will trade under the symbol "ESB" and offer Class A common stock to the public. It will also have Class B stock with 50 votes per share. Anthony Malkin, scion of the real estate family, will be chairman and CEO of the new company. Fourth Quarter Metro Area Home Prices Boost Affordability, Sales Improving
Housing affordability conditions improved in most metropolitan areas from softer existing-home prices and record-low mortgage interest rates in the fourth quarter, with rising sales and lower inventory creating more balanced conditions, according to the latest quarterly report by the National Association of Realtors®. Mortgage Settlement: Details May Not Yet Be Finalized, Says American Banker
A source has told American Banker that the terms of this week's massive national mortgage servicing settlement have not been finalized, and that politics drove Thursday's announcement $8.2 million package from U.S. Bank Adding Expansion of Largest Homeless Shelters in the Midwest
Omaha’s Siena/Francis House to Break Ground on New Housing and Community Services Facility An $8. 2 million financing package from U. S. Bank (NYSE: USB) will enable Omaha's Siena/Francis House (SFH) to provide services for the chronically homeless who are disabled or have a severe mental illness. Fitch Launches REITs in Brief
Fitch Ratings has published its inaugural edition of 'REITs in Brief' Fitch Ratings has published its inaugural edition of 'REITs in Brief,' a publication that highlights the week that was within Fitch's rated-REIT universe. Bank of America Announces Agreements in Principle With Federal and State Authorities on Mortgage Matters
Bank of America Corporation today confirmed it has joined the other four largest mortgage servicers in agreeing in principle to the terms of a global settlement resolving federal and state investigations into certain origination, servicing and foreclosure practices. The settlement with 49 state attorneys general, the United States Department of Justice and other federal agencies would extend additional relief to homeowners who are struggling to make mortgage payments and to make refinancing opti... Foreclosure Settlement: Is it Too Little? Top Negotiator Defends Deal
Officials Thursday detailed a nationwide settlement with five large banks over foreclosure practices. Negotiators defended the deal as a way to give immediate relief to homeowners and victims of foreclosure abuses. U.S. Mortgage Rates Hold at Record Low of 3.87 Percent
U.S. 30-year fixed-rate mortgage rates remained at a record low of 3.87 percent in the week ending Feb. 9, unchanged from the previous week, according to Freddie Mac. Shashank Shekhar is Named Top 40 Under 40 Most Influential Mortgage Professionals
California's #1 Mortgage Expert, Shashank Shekhar is named Top 40 Under 40 Most Influential Mortgage Professionals in the country for 2011 by National Mortgage Professionals Magazine.
