Lender blames escrow shortage for $400 increase in monthly mortgage payment
Q: We have owned our house for many years, and the lender has always escrowed money to pay our real estate taxes and insurance. This year, we received a notice from the lender that our monthly mortgage payment will increase by over $400 because there is an escrow shortage. Can we cancel the escrow... feeds.washingtonpost.com |
KB Home trims loss despite 14% revenue drop
Residential construction giant KB Home posted a $54.7 million net loss on $264 million revenue in the first quarter, compared with $58.1 million deficit on $307.4 million revenue during the same period last year. (KBH) bizjournals.com |
Making Use of Odd Spaces
From jails-turned-hotels to churches-turned-restaurants, business owners have a long history of repurposing properties. Those looking into the strategy might find good bargains in real-estate, but the process could still be costly. online.wsj.com |
Where We Live: Colmar Manor in Maryland's Prince George's County
Take a seat on a front porch in Colmar Manor, and it's easy to watch the world go by. You'll see residents tending to gardens, working on home projects or walking their dogs. And because many of the cottage-style homes are stacked like rowhouses, residents say, you can't help but get to know your... Maryland - Prince George - Prince George's County Maryland - United States - Counties feeds.washingtonpost.com |
Bank of America delays foreclosures in 23 states
Bank of America is delaying foreclosures in 23 states as it examines whether it rushed the foreclosure process for thousands of homeowners without reading the documents. Bank of America - Foreclosure - Business - Financial Services - Banking Services pheedo.msnbc.msn.com |