| Mortgage relief aid reaches few homeowners Hundreds of thousands of homeowners are in limbo waiting to find out if they will be accepted for the Obama administration's foreclosure prevention program. Mortgage - Presidency of Barack Obama - United States - President - Business pheedo.msnbc.msn.com |
LGI Homes secures financial backing from New York firm Real estate investment firm GoldenTree InSite Partners and LGI Homes have formed a strategic joint venture that combines GoldenTree’s residential investment expertise and LGI Homes’ land development and homebuilding operations. bizjournals.com |
Drowning in home debt A transfer in 2005 landed Air Force major Richard Hallbeck, his wife, and two kids in Southern California smack in the middle of the real estate bubble. Home prices in the area had doubled in the past five years and were still climbing. So the Hallbecks swallowed hard and bought an $845,000 four-bedroom in a suburb of Long Beach. rss.cnn.com |
Fact or fiction? The health-care law and real estate tax Rumors are flying that the health-care legislation Congress passed this year will impose a sales tax on all real estate sales. But the rumors are based only partly on fact. Although there is a new tax, it will not apply to everyone, and existing tax breaks for home sales will remain in place. Health care - United States - Services - Law - Lawyers and Law Firms feeds.washingtonpost.com |
Ohio accuses Ally of 'fraudulent' foreclosures Ally Financial and its subsidiary GMAC Mortgage are being sued by the Ohio Attorney General for allegedly submitting fraudulent documents in hundreds of foreclosure cases across the state. rss.cnn.com |