REAL ESTATE NEWS
REAL ESTATE & MORTGAGE NEWS:
 
The recession has hurt many people's credit scores. How to fix it?
3/5/2010 11:00 PM
The recession may have done a number on your credit score, even if it spurred you to reform spendthrift ways and cut up your credit cards. For many, the drops have come at the same time that lenders have tightened their standards and demanded higher scores to get the best interest rates.

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Mansions go modular as costs, timeline lure high-end buyers
3/3/2010 11:00 PM
One day in February, it was an empty, snow-covered lot in Bethesda. In 32 hours, the property held a six-bedroom, six-and-a-half-bath French country mansion with a walkout basement.

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3/3/2010 11:00 PM
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Huntington Terrace: An eclectic 'American village' in Md.
3/5/2010 11:00 PM
Pedestrian-friendly Huntington Terrace in Bethesda is celebrating its centennial this year. Narrow streets -- about 20 feet, curb to curb -- pass homes with mature trees and modest front yards. Children can walk to Bradley Hills Elementary School without having to cross busy streets.

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Do-it-yourselfers can shell out for a real estate 'bargain'
3/5/2010 11:00 PM
We are a nation of bargain hunters, especially when it comes to real estate. And what could be a better bargain strategy than this? Snap up a foreclosed, partially completed house for a song, finish it up and own a really nice home for less money than buying a finished house.
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Lamond Riggs, D.C., residents love it enough to stay for a long time
2/26/2010 11:00 PM
Caesar Dudley moved to Lamond Riggs in 1959, attracted to the affordable, well-built brick homes, the civic involvement and the convenience of city living.

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Testing the waters: This year, vacation buyers can afford to be picky
2/26/2010 11:00 PM
As every beachcomber knows, salvaging treasure can require patience. ΒΆ Vacation areas around the Washington region have been buffeted by the real estate market collapse and the recession. Going into spring, optimistic market watchers are focusing hard on any glimmers of a revival while bargain...

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Sometimes losing a home is just the beginning of the pain
3/5/2010 11:00 PM
As if losing one's home in a foreclosure or short sale were not already sufficiently traumatic, many former homeowners are learning that the day they turn in their keys may be only the start of an even more prolonged housing-induced misery.

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Featured Advertiser
3/5/2010 11:00 PM
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Squatters in their own house: When banks don't foreclose
3/5/2010 11:00 PM
It's been more than 16 months since Eugene and Patricia Harrison last paid the mortgage on their Perris, Calif., home. Eleven months since the notice got slapped on their front door, warning that the house would be sold at auction.
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REAL ESTATE & MORTGAGE NEWS:
 
Mortgage Lending Goes on the Road
9/12/2005 1:37 PM
Georgia Assistant Attorney General Greg Lohmeier will speak at the Georgia Real Estate Fraud and Prevention and Awareness Coalition's Quarterly Educational Meeting. ....From March 21 to March 23, the American Bankers Association is hosting its Real Estate Lending Conference in Weston, Fla., a statement said. ....Mortgage Pricing Systems...Read More
 
Former Quicken Executive Launches New Firm
9/12/2005 1:37 PM
Hall Financial announced that it launched this month. ....David Hall is the founder and managing partner of the Michigan-based company. ....Hall spent eight years as senior vice president and chief marketing officer at Quicken Inc.-subsidiary Rock Financial...Read More
 
Risk of Default Drops
9/12/2005 1:37 PM
A report announced by the University of Michigan's Ross School of Business indicated that the risk of mortgage defaults declined between the fourth-quarter 2009 and the first-quarter of this year. ....It was the lowest point for the index since 2005. ....The index reportedly measures the risk of default on newly originated mortgages by ...Read More
 
Berkshire Unit Settles With NC
9/12/2005 1:37 PM
A settlement with Vanderbilt Mortgage and Finance Inc. was announced by the North Carolina Office of Commissioner of Banks. ....The state alleged numerous violations of North Carolina law. ....Vanderbilt was included in the 2006 acquisition of Clayton Homes Inc. by Berkshire Hathaway...Read More
 
Wells Adds 6,000 Servicing Jobs in 6 Months
9/12/2005 1:37 PM
In August 2009, Wells Fargo Home Mortgage reported that its U.S.-based servicing staff stood at 11,500. ....At the time, the company noted that it was staffing up to handle a backlog of pending loan modifications. ....As of February, Well Fargo's servicing staff climbed to more than 14,500 employees, according to data reported by Moody'...Read More




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