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Banks' home loan fears

Banks could pull back from lending to new home owners after making losses on mortgages.

Mountain Real Estate Capital and L Star Acquire Brightleaf at the Park

Mountain Real Estate Capital and L Star Management are proud to announce the acquisition of Brightleaf at the Park in Durham, N.C. As one of the premier master planned communities in the Triangle, Brightleaf’s proximity to Research Triangle Park makes it highly sought after by both homebuilders and homebuyers.

UDR Announces Fourth Quarter and Full Year 2011 Results

UDR, Inc. , a leading multifamily real estate investment trust, today announced its fourth quarter and full year 2011 results.

Charlie Sheen's Realtor Vs Brooke Mueller's Mom

Charlie Sheen's real estate agent is being sued by Brooke Mueller's mom

JPMorgan, BofA Sued by New York Over Use of Mortgage Database

JPMorgan Chase & Co., Bank of America Corp. and Wells Fargo & Co. were sued by New York Attorney General Eric Schneiderman over the use of a mortgage database that the state said led to improper foreclosures.

Erie County Real Estate Transactions

Following are real estate transactions over $5,000 as listed in records of the Erie County Clerk’s Office for the week ending Dec. 30. •606 Cayuga Creek Road, Carol L. Walz to Christina L. Kelly; Shawn P. Kelly Jr., $140,000.

Current Exchange Rates Could Prompt Brits to Purchase Spanish Property, Says Currencies Direct

LONDON, February 6, 2012 /PRNewswire/ --The euro's depreciation against the pound, coupled with the Spanish property crash, means 2012 could provide numerous opportunities for Brits to expatriate to SpainFor ...

Force Energy Obtains Drill Permit for Zoro 1 Property

DENVER, Feb. 6, 2012 /PRNewswire/ -- Force Energy Corp. (OTC.BB:FORC.OB - News) (FRANKFURT: FC2.F - News) (hereafter "Force", "the Company"), a junior Lithium and Rare Earth Metals mineral exploration ...

Property Stocks Decline on Real Estate Outlook: Beijing Mover

Property stocks listed in Shanghai fell the most of any industry group on China’s biggest exchange after the nation’s largest listed real estate developer posted a drop in January sales.

California may join multi-state mortgage settlement

California has until Monday to share in a multi-state deal with banks to obtain mortgage relief and reforms. Atty. Gen. Kamala Harris, who walked away from talks last year, says the door remains open. With a Monday deadline at hand, California officials have resumed direct talks with the Obama administration about joining a multibillion-dollar, multi-state mortgage settlement with the nation's ...

Commercial real estate news for Indianapolis metropolitan area

Planners: Deny requests by Pic-A-Part, AutoZone Zoning planners recommend denial of two auto-related requests being considered by a city zoning board Tuesday. Pic-A-Part wants to install a car crusher in its auto salvage yard at 940 W. 16th St., a move that planners said could endanger groundwater with small leaks of gas, oils and antifreeze. AutoZone wants to build a 7,188-square-foot building ...

Rochester MN Realtor Lori Mickelson Ranks #1 at RE/MAX Results for Most Home Sales in 2011

Rochester Minnesota Realtor Lori Mickelson announces she attained the highest volume of home sales for RE/MAX Results in Rochester in 2011. Excellent customer service and expertise in Rochester, MN real estate are attributed to her distinguished accomplishment.Rochester, MN (PRWEB) February 06, 2012 Realtor for RE/MAX Results in Rochester, Lori Mickelson, is pleased to announce that she has ...

Reigning in Real Estate

PROFILE: Matt Epstein, founder of real estate firm, Team 2000

Award-winning Lender MT Finance Expands and Launches Industry Exclusive Bridging Finance Product for European Investors

LONDON, February 6, 2012 /PRNewswire/ --MT Finance, the short term real estate non-status lender specializing in bridging finance, has added to its existing capabilities and launched a new service, targeting ...

China Property Stocks Decline on Real Estate Sales Outlook: Beijing Mover

Property stocks listed in Shanghai fell the most of any industry group on China’s biggest exchange after the nation’s largest listed real estate developer posted a drop in January sales.

Australian Floods Force Thousands From Their Homes

Thousands of Australians were forced from their homes on Monday because of floods that have risen to record levels in some areas and killed one person, and authorities issued warnings for more than a dozen rivers in Queensland and New South Wales states.

BWG Homes ASA: Presentation of 4th quarter 2011 results and preliminary results for 2011

BWG Homes presents the results for 4th quarter 2011 and the preliminary results for 2011 on Tuesday 14 February at 11:00 hrs CET. The presentation will take place in Vika Atrium Conference Center, Munkedamsveien ...

Shore renters being duped by Craigslist scammers

BRIGANTINE, N.J. - When Shore real estate agent Maria Schrenk started getting calls last week inquiring about a cheap summer rental on an upscale property that she had listed for sale or annual lease, she knew something was awry.

A roadmap for smart investors in 2012

Should investors buy stocks, debt, gold and real estate in 2012 after a forgettable 2011? Read this to find out.

Fort Worth Realtor is 2011 recipient of Tandy Award

Also, a Fort Worth architectural firm will design a school near Houston.

Real estate rewind (Jan. 30- Feb 3)

Here's a roundup of headlines that got people talking during the past week in San Diego and beyond.

Westpac slow to pass on rate cuts

Westpac home loan customers are still waiting - some up to four months - for the bank to pass on two pre-Christmas interest rate cuts. The bank says it is ''an opportunity for the customer to get ahead by paying more than they need to''.

Westpac delays repayment cuts

Westpac home loan customers are still waiting for the bank to pass on two pre-Christmas interest rate cuts.

Hockey, Swan shadow-boxing on home loan costs

FRESH row erupts over home loan rates as Labor and Coalition bicker before the RBA's predicted cut tomorrow.

Realtor believes in Titusville rebound

Realtor Jan Alewine is bringing back the Titusville economy one home at a time. She's been a realtor in the area for about 35 years and has seen the ups and downs of the area.

Reverse mortgage may be best option for elderly homeowner

A reverse mortgage would enable an 82-year-old woman who needs cash to tap the substantial equity in her home. Dear Liz: My healthy and active 82-year-old mother is faced with having to sell her home this year because she's running out of money. She has lived a very minimal lifestyle for many years as her savings dwindled, and her income is now basically Social Security. She owes $25,000 on a ...

Property disclosure ranks high among real estate legal disputes

A biennial research report by the National Assn. of Realtors indicates that a handful of real estate agents and brokers and their clients either don't know the law or don't care to follow it. When it comes to lawsuits, real estate agents and brokers tangle mostly among themselves.

Southern Crafted Homes builds eco-friendly homes in 3 bay area communities

We're all doing our part in reducing our carbon footprint by switching our old light bulbs for the new compact fluorescent bulbs and upgrading our appliances to new more energy-efficient ones. While these steps have a positive impact, what if the entire house was designed and built with the goal of being more environmentally friendly?

TexasLending.com to Discuss Home Loan Options on Radio KLIF in Dallas, Texas

TexasLending.com to Discuss Home Loan Options on Radio KLIF in Dallas, Texas CEO and president of TexasLending.com, Kevin Miller, and his co-hosts will discuss the various home loan options available from TexasLending.com including refinance loans, home equity loans, home purchase loans, reverse mortgages and FHA loans on The TexasLending.com Mortgage Hour weekend radio show on KLIF AM radio in ...

Mortgage Rates New Record Low Attracts Attention From Consumers According To BurlingtonMortgage.biz

Mortgage Rates New Record Low Attracts Attention From Consumers According To BurlingtonMortgage.biz Home mortgage rates have set yet another record, dropping to new lows for 30 year fixed, 15 year fixed, and 5 year ARM home loans, according to mortgage rate research website, BurlingtonMortgage.biz. "Around the holidays refinancing or buying a home just isn't on most people's radars" explains Nat ...

Mortgage Tornado Warning, Unheeded

Inspired by a personal experience, a businessman became an unlikely sleuth into the practices of the mortgage industry, including Fannie Mae — and his findings have been prescient.

Property owners see results but room for tweaks from Clean Augusta Downtown Initiative

Clean Augusta Downtown Initiative - the business improvement district program that started in 2008 with the goals of making downtown safe, clean and friendly - is up for renewal at the end of this year.

Property owners see results but room for improvement from Clean Augusta Downtown Initiative

Clean Augusta Downtown Initiative - the business improvement district program that started in 2008 with the goals of making downtown safe, clean and friendly - is up for renewal at the end of this year.

Lake Forest listings: 56% distressed homes

Homes in Lake Forest sell faster than the countywide pace as its listings have a higher share of distressed properties than the rest of Orange County -- including O.C.'s distressed hot spot.The overall Lake Forest home market -- older parts of the city, Foothill Ranch and Portola Hills...

LUXURY COASTAL HOMES READY FOR DELIVERY AT THE TIDES AT CARLSBAD

Homes are now for sale at K. Hovnanian Homes’ long-awaited The Tides at Carlsbad, a new luxury neighborhood in the scenic coastal community of Carlsbad. A number of homes are available immediately for quick move-in.

Real-estate experts in Arizona are guarded but hopeful

At this year's Urban Land Institute conference, the conversations and atmosphere were different.

Home loan loses elbow room

"This overstates the realisable value of the property as stamp duty, registration and other documentation charges are not realisable and consequently the margin stipulated (up to which banks should finance a property) gets diluted. Accordingly, banks should not include these charges in the cost of the housing property they finance."

Ryan Homes Announces the Release of New Homesites at Preserve at Greenwich Crossing in East Greenwich, NJ

EAST GREENWICH, N.J., Feb. 3, 2012 /PRNewswire/ -- NVR, Inc. (NYSE: NVR - News), one of the nation's largest homebuilding and mortgage banking companies, announces the release of new homesites in the Preserve ...

Simon Property Beats Marginally

Simon Property reported fourth quarter 2011 FFO of $678.9 million or $1.91 per share, compared to $638.7 million or $1.80 in the year-earlier quarter.

Well-known Ottawa realtor facing industry charges

A well-known Ottawa realtor said charges against her from an industry watchdog are based on false allegations. Marnie Bennett is facing 18 charges from the Real Estate Council of Ontario.

Challenging Economy Continues to Weigh on Mortgage Insurers

NEW YORK, NY-- - Expectations for Mortgage Insurers remain poor in 2012 as significant weakness remains in the jobs and housing markets. In late January, S&P lowered its outlook on three mortgage insurers ...

William Lyon Homes Begins Construction on Coyote Creek, Brand New Homes in a Prime Milpitas Location

MILPITAS, CA-- - William Lyon Homes has announced that construction is underway at Coyote Creek, their brand new community in the heart of Milpitas. Located adjacent to the dynamic Cisco Campus, Coyote ...

Rate on 30-year mortgage falls to record 3.87 pct.

The average rate on the 30-year fixed mortgage fell this week to a record low, the ninth time that has happened in the last year. Even with the cheapest rates in history, the housing market remains depressed.

Camden Property Trust Announces Fourth Quarter and Full Year 2011 Operating Results and Provides 2012 Financial Outlook

Camden Property Trust today announced operating results for the three and twelve months ended December 31, 2011.

Illinois accuses mortgage firm of robosigning

(Reuters) - The attorney general in Illinois on Thursday sued a mortgage document firm and said it filed "faulty" documents with local governments in a rush to process mortgages and foreclosures. Nationwide Title Clearing Inc was a "key contributor" to the mortgage crisis by "undermining the integrity and accuracy of the mortgage servicing and foreclosure process," Attorney General Lisa Madigan ...

Foes of ND property tax measure say idea 'radical'

Abolishing North Dakota's property taxes would end local control over projects and services and drive up state sales and income taxes to make up the lost revenue, the proposal's critics said Wednesday.

Beazer Homes Reports First Quarter Fiscal 2012 Results

Beazer Homes USA, Inc. today announced its financial results for the quarter ended December 31, 2011.

Realtor groups in Martin and in Jupiter-Tequesta-Hobe Sound to merge

STUART — Pending approval by their memberships, the board of the Realtor Association of Martin County and the Jupiter Tequesta Hobe Sound Association of Realtors have agreed to merge into one association.

BWG Homes ASA: New orders for BWG Homes January 2012

BWG Homes ASA secured a total net order intake of NOK 256.7 million during January 2012 compared with NOK 329.5 million for January 2011, a decrease of 22.1 percent. The net order intake in January for ...

Federal Home Loan Bank of San Francisco Releases December 2011 Cost of Funds Index

The Federal Home Loan Bank of San Francisco announced January 31, 2012, that the 11th District Monthly Weighted Average Cost of Funds Index for December 2011 is 1.221%. Th
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