Staff Reporter

  • Americans Brace For Next Foreclosure Wave
    Half a decade into the deepest U.S. housing crisis since the 1930s, many Americans are hoping the crisis is finally nearing its end.
  • U.S. Housing Regulator to Give Final Say on Mortgage Aid
    U.S. Housing Regulator to Give Final Say on Mortgage Aid U. S. Housing Regulator to Give Final Say on Mortgage Aid. photo from reuters The housing regulator overseeing Fannie Mae (FNMA.
  • Texas Tornadoes 2012: Rip Through Dallas-Fort Worth [PHOTOS]
    Texas Tornadoes 2012: Rip Through Dallas-Fort Worth Up to a dozen tornadoes skipped through the densely populated Dallas-Fort Worth area in Texas on Tuesday, ripping apart homes, tossing tractor-trailer trucks into the air and injuring at least 17 people, but there were no reported deaths.
  • Texas Tornadoes 2012: DFW Airport Planes Damaged, Hundreds of Flights Canceled [VIDEOS]
    Hundreds of flights out of DFW Airport were canceled Wednesday after a series of Tornadoes struck the Dallas area on April 3, 2012.
  • Helping Your Kids Buy a House
    For young would-be homebuyers, this really is the best of times and the worst of times. Helping Your Kids Buy a House For young would-be homebuyers, this really is the best of times and the worst of times.
  • What If You Can't Sell Your Home?
    What If You Can't Sell Your Home? When Brent Moreland and his wife, Amanda, put their first home on the market last fall, they tried everything to make the Knoxville, Tennessee, two-bedroom townhouse look good to buyers.
  • Geithner Says U.S. Far Behind on Housing Finance Reform
    The United States is far behind on reforming the country's housing finance system, where the government's mortgage buyers Fannie Mae and Freddie Mac provide funding for the bulk of U.S. home loans, Treasury Secretary Timothy Geithner said on Wednesday.
  • Mortgage Rate : How to Grab the Best Now
    With mortgage rates still hovering near historic lows, this could be the right time to buy a home or refinance a mortgage, but nailing down a low-rate, low-fee loan isn't that easy.
  • Mortgage Applications Picked up Last Week : MBA
    Applications for U.S. home mortgages gained last week after seven straight weeks of declines, helped by a jump in purchase demand as interest rates retreated, an industry group said on Wednesday.
  • Deteriorating Conditions Force Housing Downgrade in Australia
    The autumn Outlook confirms deteriorating conditions for the housing industry in the final quarter of 2011 and into 2012, with the evidence prompting a further downgrade in terms of forecasts for new home building levels.
  • Exclusive : Interest in Eurohypo Loan Sale Running High
    A $740 million portfolio of performing loans held by failed German bank Eurohypo AG on U.S. properties has attracted more than 100 prospective buyers, several sources said on Tuesday.
  • Cut-rate Mansions Anyone? Hamptons Real Estate Recovering
    Cut-rate Mansions Anyone? Hamptons Real Estate Recovering When a five-bedroom waterfront estate in the Town of Southampton went on sale in 2008 for $5.
  • Texas Tornadoes Reported, Planes Grounded [PHOTOS]
    Texas Tornadoes Reported, Planes Grounded [PHOTOS] Tornadoes touched down in the Dallas-Fort Worthmetropolitan area on Tuesday, tossing tractor trailer trucks into the air and grounding all planes in the area.
  • A Pirate Ship in Your Bedroom?
    What would it be like to have a big pirate ship right in your bedroom? Through a hole on the wall, one can slide down a slide that leads to this unique pirate inspired bedroom featuring a large pirate ship high on the ceiling.
  • The World’s Happiest Countries
    On Monday, the Bhutanese government led a session in the UN called "Wellbeing and Happiness: Defining a New Economic Paradigm," that highlighted the world's happiest countries and discussed how to put happiness on the global agenda.
  • Actor Burt Reynolds’ Former Beverly Hills Home
    Actor Burt Reynolds’ former Beverly Hills home Actor Burt Reynolds' former Beverly Hills home is 20,580 square feet. It is located in the neighborhood of Trousdale Estates, known for its numerous celebrity residents including Elvis Presley, Dean Martin, Eddy Murphy, and Jennifer Aniston.
  • Oikos University Shooting: 5 Things To Know About The Christian School
    Oikos University was shocked by an on-campus shooting Monday morning. Here are 5 things you need to know about the Christian school.
  • Your Money : Tax Breaks For Underwater Homeowners
    About 11 million U.S. homeowners owe more than their homes are worth, according to real estate data firm CoreLogic, and while taxes may not be the first thing they think about in deciding what to do, all the various options have tax consequences.
  • ProLogis European Properties : PEPR sells Polish and German Portfolios For EUR71.8 million
    ProLogis European Properties (Euronext: PEPR), one of Europe's largest owners of modern distribution facilities, announces today that it has sold eight logistics assets across Poland and Germany for a total of EUR71.8 million. Net proceeds from the sale will be used to further deleverage the business.
  • Hammerson Scuppers Westfield Plans for London Mega Mall
    Anglo-French developer Hammerson has beaten Westfield Group in a race to redevelop an ageing south London shopping centre, derailing the Australian giant's plans to build its third mega mall in the UK capital.
  • Special Report: A Greek Banker's Secret Property Deals
    He is the former economics professor behind an upstart bank that rode the Greek boom to become a publicly listed heavyweight with a loan book of over 35 billion euros. She is his devoted wife, who oversees the bank's sponsorship of museums and the arts, and advised it on corporate social responsibility.
  • UK House Prices Rise on Scarcity and London Effect: Hometrack
    British house prices rise for first month in nearly two years says March Hometrack survey (The British house Prices Rise for the First Time in 20 Months in March (Photo Courtesy: Reuters) ) British house prices rose 0.
  • Ambac sues JPMorgan over mortgage losses
    Ambac Financial Group Inc, the bond insurer that last month won court approval to emerge from bankruptcy, has sued JPMorgan Chase & Co to recover losses on mortgage securities that it insured and were made by the former Bear Stearns Cos.
  • Goldman Sachs Eyes $3 BIL Property Debt Fund : Report
    A private equity arm of Goldman Sachs is looking to launch a $3 billion property debt fund in a bid to take advantage of a growing shortage of realestate financing across the UK and Europe, British newspaper the Times said on Monday.
  • Insight : Bank Stampede Keeps Spanish Real Estate on the Ropes
    Insight : Bank Stampede Keeps Spanish Real Estate on the Ropes When Jose Morales travelled up from Granada in southern Spain in February to look at a new apartment in the Madrid satellite town of Sesena, he was greeted by long queues of mostly young people outside the sales office.
  • Landlords Resist Temptation of Short-term Olympic Lets
    There is little evidence that landlords are hoping to cash in on Olympic demand, with the vast majority focusing on keeping good tenants in place amid uncertainty over the job market and the wider economy, reports property consultants Cluttons.
  • Marylebone Leads House Price Growth in Central London
    Prime property prices in central London increased a further 1.1% in March taking the annual increase to 11.3%, according to the latest index from Knight Frank.
  • Residential Property Market in Dubai Sees Stability And Growth in Some Locations
    Residential sales transactions saw a natural increase in January and February 2012 as mortgage lenders compete to offer the most attractivepackages, according to the latest real estate report from Cluttons.
  • Teachers Credit Union Now A Bank; Lenders Jack Up Fixed Mortgage Rate
    Due to the rising dissatisfaction level among Australians with large banks, more people are bringing their business to credit unions. As a result of this change, a number of Aussie credit unions are becoming banks.
  • AIG Looking at Buying Home Loans: FT
    Bailed-out insurer American International Group (AIG.N) is looking at the possibility of purchasing whole loans as another investment vehicle, leveraging the growing market share of its mortgage insurance business, the company's chief executive said in an interview with the Financial Times.
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