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News about Mortgages:
A Rush Into Refinancing as Mortgage Rates Fall - The LedgerThe housing market may finally be getting some relief, with lower mortgage rates already encouraging refinancing and Treasury officials considering ways to entice new buyers. Click to enlarge Low rates enticed Javier and Irina Lattanzio to refinance ...
Bailout Gallery - CNBCBig Three Return to Washing... The CEOs of the Big Three automakers return to Capitol Hill for round two Friday, as they make their appeal for a $34 bi... Attention Santa Claus: The financial bailout has a new address—It's Main Street, not Wall ...
Will Someone Tell Our Government that You Cant Legislate High Asset ... - Safe HavenAs it stands now, the US Federal government is the only significant buy of risky assets in this country. Not only is it the only buyer of these hyper-inflated and hasteningly depreciated assets (read as wealth reducing), it is now trying to force ...
Hoboken's 47% Tax Rise Sparks Exodus Talk in Manhattan Option - BloombergDec. 1 (Bloomberg) -- The blue property tax bill Andrew Sapira received in the mail last month from Hoboken, New Jersey, has him questioning whether the city billed as a lower-cost alternative to Manhattan is worth it. A state monitor, installed ...
Register for FREE - Wall Street JournalPlease register to gain free access to WSJ tools. An account already exists for the email address entered. Bennett Park in my upper Manhattan neighborhood. Earlier this week, I called my building’s management company to do something I’d dare not ...
NYC Apartment Rents Fell in November, Vacancies Rose (Update2) - BloombergDec. 4 (Bloomberg) -- Manhattan apartment rents fell for a fourth consecutive month in November and vacancy rates reached 2 percent for the first time in almost two years as Wall Street’s financial turmoil took a toll on the housing market. Rents ...
Two Investors Sue Countrywide Over Loan-Modificiation Plans - CNN MoneyNEW YORK -(Dow Jones)- Two investors in mortgage-backed securities sued Bank of America Corp.'s (BAC) Countrywide Financial Corp. on Monday over plans to make up to $8.4 billion in loan modifications as part of a settlement with 15 state attorneys ...
Oliver Haydock - New York ObserverCiti Habitats released its November rental market report today (PDF here ), showing a continued rise in vacancy rates across all Manhattan neighborhoods, and, while rents continue to soften, there hasn’t been a very significant decline. In October ...
UPDATE: Investors Sue Countrywide Over Modification Plans - CNN MoneyNEW YORK -(Dow Jones)- Two investors in mortgage-backed securities sued Bank of America Corp.'s (BAC) Countrywide Financial Corp. on Monday over plans to make up to $8.4 billion in loan modifications as part of a settlement with 15 state attorneys ...
Tom Acitelli - New York ObserverYowza! In an email time-stamped 6:38 a.m., The Real Estate Group New York declared that Manhattan was now, for all intents and purposes, a tenant's market going forward. "Landlords are feeling a lot of pressure this month," Daniel Baum, the firm's ...
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