Incredible. To residents of LA County who seek energy independence: you are a target.
Real estate bubble, sub-prime mortgages, securitized products and their derivatives were largely responsible for the ultimate collapse, leading us to the economic conditions of today.
It's unsurprising to find Rakoff emerging as a critic of the government's hands-off treatment of Wall Street and banking big shots in the aftermath of the financial crisis: He's never shown much patience for the settlements in which the DOJ
Home prices are rising in the Sun Belt and most big cities. Everybody talks about rising housing prices as a good thing, but it’s not so great for people trying to buy a house.
Blackstone Group appears to be trying to oligopolize the business of renting single-family homes in the U.S..
In order to achieve the greatest risk/reward asymmetry from the 2014 single-family housing stimulus “hangover”, or “reset”, happening right now you must change the way you think about this asset class. When doing so, clarity emerges (at least to me)
In the wake of the housing crisis and Recession, the “American Dream” of a super-sized home in the suburbs has lost its appeal; today, it’s the “tiny house” that seems more aligned with America’s readjusted ideals.
The firm that threatened to foreclose on hundreds of struggling D.C. homeowners is a mystery: It lists no owners, no local office, no Web site. Aeon Financial is incorporated in Delaware, operates from mail-drop boxes in Chicago and is represe
Paperhouses is a platform that allows people to download open source blueprints from architects, like this house from Tatiana Bilbao.
Bank of America Corp will pay $404 million to Freddie Mac to resolve all repurchase liabilities on home loans sold to the government-controlled mortgage company from 2000 to 2009, the bank said. The settlement covers 716,000 loans
Who hasn’t longed, at one time or another, to ditch everything and sail around the world? How would you like the trip to last forever?
Al Corbi’s residence in the Hollywood Hills has the requisite white walls covered in artwork and picture windows offering breathtaking views of downtown Los Angeles, but it has more in common with NSA headquarters than with the other contemporary hom
U.S. borrowers are increasingly missing payments on home equity lines of credit they took out during the housing bubble, a trend that could deal another blow to the country's biggest banks. The loans are a problem now because an increasing number
An Ohio family says a man took their home from them by going inside while they were out of town, changing the locks and laying claim to the property in court. The family told WLWT-TV that they found out after returning from a visit to a dying rela
Despite the downtick in rates for a month or two, the housing 'recovery' appears to have come to an end.
Right now, Fannie Mae and Freddie Mac are in government hands.
The Israeli government has been announcing major settlement expansions apace throughout the peace talks with the Palestinians, each time gambling that the Palestinians would complain but ultimately look the other way to keep the process going. Today,
“The trade in derivatives, using home notes, was designed as a Ponzi scheme. Excel knew it. Cadwalader, Wickersham & Taft (CWT), knew it. My fellow junior associates laughed at me, senior associates got mad at me, and the senior partners ultimately a
In case the world needed any additional proof that the latest housing bubble (not our words, Fitch's) was on its last legs, it came earlier today from Credit Suisse' Dan Oppenheim who .....
Applications for mortgages for the purchase of a home plunged at nearly the fastest pace in 9 months this week, dropping to their lowest since the Christmas week 2012 - and lowest since February 2012.
Real estate guru Mark Hanson updates his housing view following this week's dismal housing industry data:
Last week the Sacramento Bee published a report indicating the foreclosure rates had returned to “normal” levels and that the, “foreclosure crisis that overwhelmed the greater Sacramento area for the past seven years has ended.”
This is a completely self contained development that has 38 buildings, all restored to pristine condition.
“911 Landlord Laws” are known as “nuisance” or “crime-free housing” ordinances. To keep their rental licenses, landlords are encouraged or required to perform criminal background checks on rental applicants; they are encouraged
JPMorgan Chief Executive Officer Jamie Dimon, 57, personally discussed the deal with Holder after markets closed Oct. 18 as the banker sought to end probes that have beset his firm and resulted in its first quarterly loss under his watch.
In the center of Caracas, Venezuela, stands the 45-story "Tower of David," an unfinished, abandoned skyscraper. But about eight years ago, people started moving in. Photographer Iwan Baan shows how people build homes in unlikely places, touring us th
Private-property owners on Nevada's Lake Mead have been kicked out of their homes by National Parks Service officials as part of the federal government shutdown, the Las Vegas Review-Journal reported Saturday.
Remade into housing, pop-up shopping plazas and funhouses, shipping container architecture is so trendy nowadays that they are even making knock-offs in China.
JPMorgan chief executive Jamie Dimon met Thursday with Attorney General Eric Holder about an investigation into the company’s handling of mortgage-backed securities in the run-up to the recession.
Here in the U.S. we move a lot. But while most of us consider a “move” as going from one town or city to another, mapmaker Stephen Von Worley is more interested in how we move within cities themselves.