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RISMEDIA, July 13, 2007??”In order to ensure equality in today’s lending and overall housing market environment, the U.S. Department of Housing and Urban Development’s Office of Fair Housing and Equal Opportunity (FHEO) announced that it is creating a new Fair Lending Division that will review mortgage lending practices throughout the nation. HUD has hired [...]
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Real estate investors turn focus overseas Chicago Tribune, United States -32 minutes ago By Jeff D. Opdyke Investing in real estate once meant owning rental property downtown or buying shares in a US-based real estate investment trust. ...
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This just makes sense. The lower end and average homes are the ones that are stuck while the top end of the market is doing very well according to a New York Times article. Think about it, if you are buying in the top end of the market, odds are you are not stressing about getting [...]
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The prices of existing and new homes are expected to bounce back next year after a dreary 2007, a real estate trade group said Wednesday.
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RISMEDIA, July 13, 2007??”The U.S. Department of Housing and Urban Development (HUD) released its top 10 tips for homeowners who are facing foreclosure.“These guidelines will assist homeowners who are struggling to pay their mortgage and could be threatened with foreclosure,” said HUD Secretary Alphonso Jackson. “We want to encourage homeowners to take action and [...]
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Reuters - Four black homeowners sued Countrywide Financial Corp. on Thursday, accusing the largest U.S. mortgage lender of racial discrimination in its lending practices.
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RISMEDIA, July 13, 2007??”Saturday, June 30 was a special day for the Parker family of Las Vegas; it was the day the National Association of Realtors raised the walls of their new Habitat for Humanity home at 1933 Gregory Street.For more information, visit http://www.realtor.org/press_room/news_releases/2007/realtors_raise__wall_las_vegas.htmlRISMedia welcomes your questions and comments. Send your e-mail to: realestatemagazinefeedback@rismedia.com.
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Defaults on loans backing commercial mortgage-backed securities could soon begin to rise, a credit-rating company warned.

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Inman News Blog has the news that Fidelity’s Cyberhomes has signed a deal with AOL Real Estate to power all of its home valuations. This is a big win for Cyberhomes, which has been steadily and stealthily rolling out new features and signing up brokers to get access to their listing feeds (most recently with [...]
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