Real estate News

Real estate News From AOL News

Jury Convicts Executive in $3B Mortgage Fraud Case

ALEXANDRIA, Va. -- A jury on Tuesday convicted the majority owner of what had been one of the nation's largest mortgage companies on all 14 counts in a $3 billion fraud trial that officials have said is one of the most significant prosecutions to arise from the nation's financial crisis. Prosecutors said Lee Farkas led a...

New Advertising Company Will Turn Your House Into a Billboard

If it's difficult to pay the bills on your house, try turning your house into a billboard. An advertising start-up in Orange, Calif., is offering to help 100 Americans pay their mortgages -- if the homeowners convert their houses into massive painted ads for the business. "It's a really good marriage for us to be able to...

Workers Brace for Effect of Government Shutdown

LITTLE ROCK, Ark. - A weather forecaster says he may have to live off the money he's been setting aside for a Caribbean vacation. A worker in Washington hopes to polish his resume so he can retire from public service and work in the private sector. An accountant wonders if she can put off her mortgage for a month. Federal...

House Hunting? Shack Up in Kate Middleton's Childhood Home, the 'Jersey Shore' House and Other Famous Abodes

Kate Middleton will take over Buckingham Palace for her royal wedding reception to Prince William on April 29, but fans of the princess bride could take over the home where she grew up. Middleton's childhood home in the village of Bradfield Southend, southeast England, is up for sale. The price tag? Nearly 500,000 pounds,...

House Votes to End Mortgage Reduction Program

WASHINGTON -- House Republicans pushed through legislation Tuesday to terminate an underachieving Obama administration program designed to reduce mortgage payments for homeowners in danger of losing their homes to foreclosure. Most Democrats, while acknowledging that the Home Affordable Modification Program has fallen...

Real estate News From AOL

THE HUFFINGTON POST - BUSINESS

Student Loan Debt Stands Alone

U.S. consumer debt fell in the first three months of the year as Americans made further inroads in paying down credit in all areas but student loans, which rose during the quarter, the New York Federal Reserve Bank said on Thursday.

AOL REAL ESTATE

Open Houses of the Week: June 2-3

News There's nothing quite like the lure of an open house sign.

THE HUFFINGTON POST

What Could JPMorgan Have Done For Small Business With $2 Billion

In the beginning of the end of the dot com bubble I was working for what I considered a small company in comparison to Xerox and EDS.

AOL REAL ESTATE

Trump Tower Penthouse Now Chicago's Top-Priced Listing

Sorry Michael Jordan, your house no longer belongs in our gallery of most expensive listings in each state .

THE HUFFINGTON POST - BUSINESS

Mortgage Company To Pay Millions To Settle Bias Lending Claims

SunTrust Mortgage Inc. has agreed to pay $21 million to settle a federal lawsuit alleging racial discrimination in its lending practices, documents filed Thursday in U.S. District Court show.

Real estate News From the Web

06/01/12 Small biz lending shrinks as owners grow cautious Source: ABC - KOMO 4 - Seattle WA Lending to small businesses is shrinking as company owners grow more pessimistic about the economy.
06/01/12 Misys to Merge With Turaz Source: Bank Systems & Technology Online (CMP Network) San Francisco-based private equity firm Vista Equity Partners has finalized its $2.6 billion all-cash takeover of U.K. financial services vendor Misys, and announced it will merge the company with business banking software provider Turaz, which Vista previously acquired.
06/01/12 5 PARKLANDS, SANDWICK Source: The Shetland Times - Gremista - Lerwick - UK Immaculately presented four bedroom / three bathroom detached house & integral garage, set in fenced garden in small development within easy commuting distance of Lerwick (13 miles), and within walking distance of the shop, school & swimming pool.
06/01/12 Aldermore Raises GBP 36 Million to Fund Continued... Source: Marketwire LONDON, UNITED KINGDOM -- (Marketwire) -- 06/01/12 -- Aldermore , one of Britain's leading challenger banks and a participant in the government's National Loan Guarantee Scheme, is pleased to announce that it has successfully raised GBP 36 million of new capital.
06/01/12 Orlando average rents up in 1Q for assisted,... Source: Orlando Business Journal - Orlando FL In the June 1 issue of Orlando Business Journal, we ran a story about a landowner laying the groundwork for a large assisted and independent living facility in Kissimmee.

Background on Real estate

Real estate is "Property consisting of land and the buildings on it, along with its natural resources such as crops, minerals, or water; immovable property of this nature; an interest vested in this; (also) an item of real property; (more generally) buildings or housing in general.

more at wikipedia »