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Americans soak up knowledge to shore up finances - WFAA

News - Mon, 04/13/2009 - 20:22

Americans soak up knowledge to shore up finances
WFAA, TX
By JESSICA MEYERS / The Dallas Morning News Water cooler conversations, the symbolic purveyors of societal small talk, now include the words "derivatives," "Ponzi schemes" and "subprime mortgage." Financial seminars, workshops and expositions are ...

Forum: Tax day 'tea parties' could mark conservative resurgence - Online Athens

News - Mon, 04/13/2009 - 20:22

Forum: Tax day 'tea parties' could mark conservative resurgence
Online Athens, GA
Then in February, President Obama called for his $1 trillion debt stimulus, quickly followed by a $275 billion mortgage bailout plan. CNBC's Rick Santelli had enough, and called for a "Chicago Tea Party," inspiring folks across the country to do the ...

Limited post offices open late for Tax Day - Waterbury Republican American

News - Mon, 04/13/2009 - 20:19

Limited post offices open late for Tax Day
Waterbury Republican American, CT
"If you can pay your mortgage at an ATM, you can weigh your tax envelope at an APC," Marion said. "The systems now are pretty smart, as are our customers." Using an APC, however, will not guarantee your envelope is postmarked by Wednesday night's ...

Sawyer update: Bend family pays ahead - faces foreclosure - KTVZ

News - Mon, 04/13/2009 - 20:19

Sawyer update: Bend family pays ahead - faces foreclosure
KTVZ, OR
"So they knew when they gave us that lease agreement that this home was going to go into foreclosure," claimed Brandie Thomas, who has been paying rent to Genesis Futures LLC. Meanwhile, the former manager of Genesis Futures LLC, Lori Maunder, ...

Goldman Sachs Raising $5 Billion to Repay US, Shed Pay Limits - Bloomberg

News - Mon, 04/13/2009 - 20:18

Goldman Sachs Raising $5 Billion to Repay US, Shed Pay Limits
Bloomberg
... and commodities business, known as FICC, in which trading revenue was a record $6.56 billion, 34 percent higher than its previous high, as client- driven income outweighed an $800 million loss on commercial mortgage loans, excluding hedges. ...

City council orders demolition of six houses - Lexington Dispatch

News - Mon, 04/13/2009 - 20:18

City council orders demolition of six houses
Lexington Dispatch, NC
If the owners refuse to pay, the city can put a lien on the property and start the foreclosure process to recoup the costs of the demolition. “Hallelujah,” Mayor John Walser said after the vote. “This has been a long and laborious process, ...

Green Card Holders with Criminal Records - The Open Press (press release)

News - Mon, 04/13/2009 - 20:17

Green Card Holders with Criminal Records
The Open Press (press release)
During that time, the person has no access to the United States, and may lose a job, be forced to pay a mortgage on an empty house, as well as suffer many other serious consequences, such as the loss of a marriage. Many crimes are considered Crimes of ...

NewsChannel 11 Investigates Home Values - KCBD-TV

News - Mon, 04/13/2009 - 20:14

NewsChannel 11 Investigates Home Values
KCBD-TV, TX
Donna Dubose, a real estate broker, says Lubbock foreclosure numbers are about the same as last year. "We are not seeing the foreclosures. Less people are financially struggling or lost a job but when that happens that's when we see more foreclosures," ...

$1.75 tax bill balloons after 94 years - Boston Herald

News - Mon, 04/13/2009 - 20:13

$1.75 tax bill balloons after 94 years
Boston Herald, United States
Title searches in 1992 and 2002 produced conflicting spellings of his last name and failed to locate any kin, whom the city is obligated to try to notify before filing for a foreclosure. “I suspect for some time this case was not regarded as warranting ...

Legacy Terrace timeline - Columbus Ledger-Enquirer

News - Mon, 04/13/2009 - 20:13

Legacy Terrace timeline
Columbus Ledger-Enquirer, GA
February 2009: Fourth Street Towers defaults on SunTrust Bank Loan, faces threat of foreclosure. March 24, 2009: Columbus Council agrees to acquire Legacy Terrace for $1 million; bails out Fourth Street Towers. Tuesday: The city’s Community ...

Unemployment: Big factor in defaults

CNN news - Mon, 04/13/2009 - 09:20
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President Obama announces more key administration posts

HUD news - Fri, 04/10/2009 - 04:00
WASHINGTON, DC - Today, President Barack Obama announced his intent to nominate the following individuals for key administration posts: Larry EchoHawk, Assistant Secretary for Indian Affairs, Department of the Interior; Sandra Henriquez, Assistant Secretary for Public and Indian Housing, Department of Housing and Urban Development; Thomas McClellan, Deputy Director, Office of National Drug Control Policy; John Porcari, Deputy Secretary, Department of Transportation.

Holding in Detroit

CNN news - Thu, 04/09/2009 - 09:39

Pulte Homes in $3.1 billion merger

CNN news - Wed, 04/08/2009 - 12:18
Pulte Homes has agreed to acquire Centex Corp. - creating the nation's largest homebuilding company - in a stock transaction worth $3.1 billion, including $1.8 billion of debt.

High yield REITs come with a warning

CNN news - Wed, 04/08/2009 - 07:21
Many investors looking for safe havens in a rough market are latching onto double-digit dividend yields offered by real estate investment trusts.

Mortgage applications rise

CNN news - Wed, 04/08/2009 - 04:37
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HUD produces video message for Hispanic families

HUD news - Wed, 04/08/2009 - 04:00
WASHINGTON - The U.S. Department of Housing and Urban Development announced today that it has produced a video for YouTube and Facebook designed to educate Spanish speaking Hispanic families about their fair housing rights.

FHA settles $756 million deal to construct state of the art hospital in Trenton, New Jersey

HUD news - Wed, 04/08/2009 - 04:00
WASHINGTON - In the largest single transaction of its 75 year history, the Federal Housing Administration today announced that it has finalized a deal to insure a $756 million mortgage for Capital Health of Trenton, New Jersey. The loan is made possible through the FHA's Section 242 Hospital Mortgage Insurance Program. It will allow Capital Health to construct a new 223-bed hospital in Hopewell Township to replace the existing Mercer Medical Center.

Frank seeks strict mortgage rules

CNN news - Mon, 04/06/2009 - 15:18
Read full story for latest details.

Empire State Building: New energy role model

CNN news - Mon, 04/06/2009 - 12:41
The Empire State Building kicked off a major energy-saving retrofit Monday, and promoters hope one of the world's most iconic skyscrapers can become an efficiency model for buildings worldwide.
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