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HousingMarket News

HousingMarket News From AOL News

Americans Still Favor Homeownership as Safe Investment

By Broderick PerkinsApr 20th 2010 – 3:46PM
AP

AP

(April 20) -- Just because homes aren't selling like hotcakes doesn't mean consumers have lost their appetite for a slice of the American Dream pie. Despite an epic downturn that could leave the housing market reeling for years to come, the vast majority of consumers, 70 percent, remain bullish on home buying as one of...

US Housing Markets Facing Epic Hangover, Study Says

By Broderick PerkinsApr 18th 2010 – 4:36PM
Orlando Sentinel / MCT

Orlando Sentinel / MCT

(April 18) -- The housing crash that helped bring on the worst recession since the Great Depression will linger in the nation's hardest-hit real estate markets until 2025 -- or later. Nearly a full generation will pass before major metro areas in Arizona, California, Florida and Nevada return to the solid ground reached...

10 Places Where Housing Market Is the Weakest

By Broderick PerkinsApr 17th 2010 – 11:21AM
Getty Images

Getty Images

(April 17) -- The U.S. housing recovery is shaping up as an uneven rebound, with only a few markets emerging as places to be for investors and homebuyers looking for bargains that won't go sour. The real story is how many markets are still perhaps a year or more away from recovery: most of them. Even the hottest spots...

Hottest Housing Markets for 2010

By Broderick PerkinsMar 31st 2010 – 8:54PM
AP

AP

(March 31) -- The housing market remains anemic at best, but metro areas with the greatest potential for home equity growth and real estate investment returns are emerging. Look for the South to rise again and expect big moves from Texas, according to Hanley Wood, a leader in construction industry research and...

HousingMarket News From AOL

THE HUFFINGTON POST

Kyle Lagow Bank Of America Lawsuit: Whistleblower Receives $14.5 Million In Mortgage Case

May 29th 2012 - 08:48PM

A former home appraiser will receive $14.5 million as part of a whistleblower lawsuit that accused subprime lender Countrywide Financial of inflating appraisals on government-insured loans, his attorneys said Tuesday.

THE HUFFINGTON POST - BUSINESS

Homeowners Suing State For Diverting Funds Meant To Help Struggling Homeowners

May 29th 2012 - 07:20PM

Remember the national mortgage settlement ?

THE HUFFINGTON POST

Joseph Morones, Elvira Hernandez, Arizona Homeowners, Sue To Keep State From Diverting Mortgage Deal Funds

May 29th 2012 - 06:57PM

Remember the national mortgage settlement ?

DAILYFINANCE

6 Simple Reasons Why You Shouldn't Buy a Home

May 29th 2012 - 03:18PM

Even Warren Buffett says that housing might be the best investment today.

THE HUFFINGTON POST - BUSINESS

How JPMorgan Is Trying To Make Up For That Huge Trading Loss

May 29th 2012 - 09:06AM

JPMorgan Chase & Co has sold an estimated $25 billion of profitable securities in an effort to prop up earnings after suffering trading losses tied to the bank's now-infamous "London Whale," compounding the cost of those trades.

HousingMarket News From the Web

  • 05/29/12 Number of First-Time Home Buyers Boost in Australia... Source: PRWeb Perth, Western Australia (PRWEB) May 30, 2012 The Mortgage Gallery Rockingham, a leading mortgage broking group in Australia , is laying out plans to aid clients in acquiring affordable and reasonable home purchases worth their investment.
  • 05/29/12 Wells Fargo Settles Race Bias Lawsuit In Memphis,... Source: RTTNews Financial services company Wells Fargo & Co. (WFC: News ) said Tuesday it has reached a settlement agreement with Memphis city and Shelby County to drop a lawsuit against it for alleged foreclosure-related race-discrimination.
  • 05/29/12 Bank of America whistle-blower awarded $14.5 million Source: Asbury Park Press - Neptune NJ A former Countrywide Financial Corp. manager whose fraud suit contributed to the mortgage industrys $25 billion settlement with federal and state regulators received about $14.5 million for his efforts, his lawyers said.
  • 05/29/12 Chicago Area Home Prices Hit New Low in March Source: RISMedia Regional Spotlight—(MCT)—Home prices in the Chicago area hit a new post-housing crisis low in March, falling to levels not seen locally since April 2000, according to the widely watched SandP/Case-Shiller home price index, released Tuesday.
  • 05/29/12 Mortgage Modification: Not Right for Everyone Source: RISMedia (MCT)—For homeowners struggling to stay in their homes, a mortgage modification may be the way to go.

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