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Monthly Archives: January 2011
10 Cities Where Home Prices Will Rise in 2011 by Raja Tayeb on January 31, 2011 While home prices are expected to continue to fall in most metro areas, Clear Capital’s Home Data Index report says a few cities are … Continue reading
Countrywide Accused of ‘Massive Fraud’ by Raja Tayeb on January 26, 2011 Countrywide, which was acquired by Bank of America Inc. in 2008, is being accused of “massive fraud” and misleading investors about mortgage-backed securities, according to a lawsuit filed … Continue reading
Mortgage Fees Rising Again by John Tayeb on January 26, 2011 Some lenders already are charging borrowers higher “loan-level price adjustments” that take effect April 1 for mortgages delivered to Fannie Mae. The fees will not affect borrowers with FICO … Continue reading
Neugebauer: Foreclosure Aid Hurting, Not Helping by Raja Tayeb on January 26, 2011 Rep. Randy Neugebauer, the chairman of the House Financial Services Oversight Subcommittee, said the government needs to come to terms with the fact that its foreclosure-prevention efforts … Continue reading
Low-Tax States Lure New Residents by John Tayeb on January 25, 2011 More home owners may start factoring in taxes more as they pick where to live, particularly as some states’ dramatic tax increases make them less affordable. Some of … Continue reading
Buyers Get Picky When Home Shopping by Raja Tayeb on January 25, 2011 Buyers want “perfection and comfort,” says John B. Badalamenti, an associate broker at Prudential Fox & Roach Realtors in Wayne, Pa. “As a result of the staging … Continue reading
Stunning Residence Perfectly Integrated in the Surroundings by Raja Tayeb on January 21, 2011 Inspiring and bright, this next WrightFeldhusen residential project that adds contemporary glamor to the neighborhood. The designers, Tim Wright and Rachel Feldhusen have been working together … Continue reading