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« Previous Entries Next Entries »Sales of new homes rocketed up 27 percent in March
Thursday, March 17th, 2011Sales of newly built homes shot up 27 percent in March — the largest monthly gain in nearly five decades — as mild weather and a lucrative tax credit pumped up demand for homes in all four regions of the country, according to federal data released Friday.
Mortgage Fraud Rises For Fifth Consecutive Year
Thursday, March 17th, 2011Mortgage fraud increased in the U.S. for the fifth consecutive year, according to the Appraisal Institute. The institute, an organization of 25,000 real estate appraisers, reported a 7% increase in fraud reports from 2008 to 2009. The increase was sizable but much smaller than the 20%-plus jumps the market saw each year from 2005 to [...]
AIG swings to a first-quarter profit
Wednesday, March 16th, 2011Firm’s mortgage insurance business posts first profit in three years
A Surprise Tax Hit on Foreclosures
Wednesday, March 16th, 2011For People Who Lose or Walk Away From Their Homes, A Big Tax Bill May Loom.
Reports show declines in mortgage defaults
Wednesday, March 16th, 2011Is the tide of home-loan defaults finally beginning to recede?
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