Investing

Home Equity is Back After 4-Year Leave

For the first time in 4 years, homeowners are withdrawing more cash from their home’s equity than they are depositing, Capital Economics reports.

Freddie Mac Mishandling Homeowners Complaints, Audit Reveals

Freddie Mac is not handling homeowners mortgage complaints as good as they should, federal officials announced Thursday.

American Realty Offers to Buy Cole Credit Property Trust for $5.7 Billion

American Realty Capital Properties has reportedly offered to buy Cole Credit Property Trust Inc. for around $5.7 billion in an effort to create one of the largest public real estate investment trusts which will focus on leasing space to single tenants (net-lease sector).