Real Estate: Real Estate Industry
House eyes changes at housing agency
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Caught in a toxic mortgage
It seems surprising that Kurt and Vicki Oliver could lose their home to a bank foreclosure. They had great credit, long-term employment and excellent assets and income. Read more
The new land grab
Picking off land from over-leveraged homebuilders during crashing real estate markets was once the purview of local developers. This time, however, global players, including D.E. Shaw, Apollo Real Estate Advisors, and the Rockefeller Group, are eyeing land in Florida, Colorado, California, and other subprime-ravaged states. Read more
Congress takes aim at lenders, brokers
The subprime crisis has put lawmakers under pressure to do something not only to help homeowners who could lose their homes but also to nail the guys who created the mess. Read more
Trapped by the mortgage meltdown
Whether you're a home seller, owner or buyer, by this point you've got to be feeling a little rattled. The bad news about the housing market seems never ending: Foreclosures have more than doubled over the past year. Read more
Refi rescue
Hundreds of thousands of homeowners who may struggle to make mortgage payments are likely to get some relief in coming months, including more options to refinance into lower-cost, fixed-rate loans and tax relief if they do face foreclosure. Read more
Countrywide workers sue over retirement plan
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Mortgage reset shock: Not so bad
The number of adjustable rate mortgages (ARMs) up for reset is set to peak this fall, with an estimated $50 billion worth poised to adjust to higher rates in October. Read more
Fastest-growing housing markets
Pinal County, Arizona, was the fastest-growing housing market in the nation last year, according to a report released by the U.S. Census Bureau Wednesday. Read more
Mortgage apps up in short week
Mortgage applications climbed last week, according to the latest report by the Mortgage Bankers Association published Tuesday. Read more








