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US Real Estate
Investors Want H&R Block's Subprime Lender to Pay Up
By
Tavis J. Hampton
| May 9, 2011
US Real Estate
Latinos Express Growing Concerns Over Housing Crisis
By
Tavis J. Hampton
| April 7, 2011
ImpreMedia released the results of its new survey indicating that Latinos in the United States have serious concerns about the housing market, largely due to the ongoing foreclosure crisis. Although 72 percent believe they have reached or can reach their “American Dream”, only 47 percent include owning a home as part of that dream. Furthermore, […]
US Real Estate
'Keep Your Home California' Expands Eligibility
By
Tavis J. Hampton
| April 5, 2011
The California Housing Finance Agency (CalHFA) is expanding the criteria for eligibility for the Keep Your Home California programs, in a effort to help more families keep their homes. Many low to moderate income California homeowners who are having trouble paying their mortgages may be able to keep their homes through the assistance of these […]
US Real Estate
Irish Banks Must Find $18.4 billion to Pay Real Estate Debt
By
Tavis J. Hampton
| March 31, 2011
Banks in Ireland are in a world of hurt, if a stress test performed by the Irish Central Bank is anywhere close to reality. According to the results, Irish banks may need at least $18.4 billion USD or 13 billion Euros to cover all of the debt from bad real estate deals. Last year the […]
US Real Estate
Settlement May Force Banks to Allow Short Sales
By
Tavis J. Hampton
| March 30, 2011
A settlement of a case involving absurdly poor paperwork by banks may force the banks to allow severely delinquent homeowners to find relief through short sales. In a short sale, the homeowner is allowed to sell the home for less than the amount owned on the loan. Normally, a short sale requires the permission of […]
US Real Estate
Clinton Bush Fund Brings Housing Opportunities to Haiti
By
Tavis J. Hampton
| March 21, 2011
Home ownership is a luxury in the earthquake-damaged neighborhoods of Haiti, but the Clinton Bush Haiti Fund will help provide mortgages to low-income residents in the island republic. It will provide $3 million to a program that is also financed by the Overseas Private Investment Corporation (OPIC) and the Haiti Reconstruction Fund (HRF), totaling $47 […]
US Real Estate
GOP Begins Plans to Reduce Role of Fannie and Freddie
By
Tavis J. Hampton
| March 15, 2011
By the time the media began to reveal the extent of damage major lending institutions had done to the U.S. economy, the names Fannie Mae and Freddie Mac were about as common as Brad and Angelina. Republican legislators in Congress are now ironing out a new plan to more gradually reduce the role of Fannie […]
US Real Estate
California Realtors Ask for Easier Short Sales
By
Tavis J. Hampton
| March 11, 2011
California real estate agents believe foreclosure alternatives should be easier. In an open letter published in as many as seven major California newspapers, the California Association of Realtors (CAR) pleaded its case for a more simplified, standardized short sale process. According to the letter, 640,000 California residents have lost their homes in the past two […]
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