Real Estate Articles

Creative loan options were created to enable first-time and low-income borrowers, who have limited wealth, to enter the market. Adjustable rate mortgages were not new, having been authorized as long ago as 1982 by the Garn-St.Germain Depository Institutions Act, which was intended to revitalize the housing industry and deregulate Savings and Loans.

Bank repossessions, or REOs, continued to be the fastest growing segment of foreclosure activity in July, posting a 184 percent year-over-year increase.

New Coldwell Banker® Broker Survey Reveals Possible Disconnect in First-Time Home Buying Process

President Bush signed a bipartisan housing stimulus bill designed to stimulate the real estate market,

Employees at leading foreclosure Web portal launch charitable efforts that benefit two Orange County (CA) programs.

The U.S. Dept. of Housing and Urban Development is creating a means for lenders to assign their non-performing FHA-insured mortgages to HUD and a joint venture partner that specializes in keeping families nearing foreclosure in their homes.

BPG offers package of services to unlock the value of projects in turnaround situations.

National Assn. of REALTORS president Dick Gaylord says that NAR stands behind the government's plan to "ensure the ability of Fannie Mae and Freddie Mac to promote the availability of home mortgage credit during a period of stress in the financial markets."

The National Assn. of REALTORS urges federal lawmakers to pass a bipartisan Housing Stimulus Bill.

Nevada, California, Arizona post top state foreclosure rates; California, Florida, Ohio report highest foreclosure totals; California and Florida cities account for 9 of top 10 metro rates.