Fallen ‘Angelo’ of the Real Estate World

He was bigger than life…and he was an industry superstar.

LIBOR: Rigged Interest Rates, Rigged Real Estate

Suddenly, the LIBOR rigging is exploding into a major banking scandal that will have far-reaching implications — both in Europe and in the United States.

Countrywide VIP Loans Went to Key Lawmakers: Congressional Report

Countrywide VIP Loans Went to Key Lawmakers: Congressional Report By Sam Gustin, TIME, July 6, 2012 When people ask why banking CEOs haven’t been called to account for the devastating mortgage meltdown that helped plunge the United States into the...(read more)

5 Short Sale Homes Listed for More Than $1 Million

Short sales are on the rise nationwide in some of the country’s tonier towns, as the well-heeled are drowning in mortgage debt. Here's a list of five short sale homes listed for more than $1 million.

Can the States Legislate Robo-Signing Away?

With the signing of the $25 billion foreclosure settlement done and over with, state officials are looking for ways to protect their citizens from future abuse of the foreclosure process.

Can the States Legislate Robo-Signing Away?

With the signing of the $25 billion foreclosure settlement done and over with, state officials are looking for ways to protect their citizens from future abuse of the foreclosure process.

5 Short Sale Homes Listed for More Than $1 Million

Short sales are on the rise nationwide in some of the country’s tonier towns, as the well-heeled are drowning in mortgage debt. Here's a list of five short sale homes listed for more than $1 million.

Is The LIBOR Mortgage Finished?

Barclays Bank PLC — the huge British bank — has agreed to pay more than $450 million in fines for efforts to manipulate the LIBOR rate, something that could have a big impact on foreclosures and mortgages.

Celebration Should Be Put On Hold for Now

On the surface, things sure are looking up these days when it comes to the nation’s housing sector as a whole. And the press is eating it up, declaring a housing recovery is underway.

Is The LIBOR Mortgage Finished?

Barclays Bank PLC — the huge British bank — has agreed to pay more than $450 million in fines for efforts to manipulate the LIBOR rate, something that could have a big impact on foreclosures and mortgages.

Celebration Should Be Put On Hold for Now

On the surface, things sure are looking up these days when it comes to the nation’s housing sector as a whole. And the press is eating it up, declaring a housing recovery is underway.

The Rise and Fall of Short Sale Discounts

Although big discounts are still available with short sales, those discounts may be dwindling in some local markets as rock-bottom home prices draw in buyer demand, finally forming a solid market bottom.

Housing Crash 2.0: Was Stimulus Medicine or Poison?

When the real estate bubble popped, it not only triggered a recession and a U.S. stock market crash, but it also sent the world’s largest economy into the Great Recession of 2008.

Housing Crash 2.0: Was Stimulus Medicine or Poison?

When the real estate bubble popped, it not only triggered a recession and a U.S. stock market crash, but it also sent the world’s largest economy into the Great Recession of 2008.

The Rise and Fall of Short Sale Discounts

Although big discounts are still available with short sales, those discounts may be dwindling in some local markets as rock-bottom home prices draw in buyer demand, finally forming a solid market bottom.

Video: Find the Best Short Sale Bargains in Your Neighborhood

RealtyTrac allows you to quickly identity properties in default or scheduled for foreclosure auction in your area, and then filter and sort those properties by many criteria, including foreclosing bank.

Foreclosure Machinery Lubricated by Feds

Now that the federal government has lubricated the foreclosure machinery with $25 billion in settlement money, they will fire-up the foreclosure assembly line.

Video: Find the Best Short Sale Bargains in Your Neighborhood

RealtyTrac allows you to quickly identity properties in default or scheduled for foreclosure auction in your area, and then filter and sort those properties by many criteria, including foreclosing bank.

Foreclosure Machinery Lubricated by Feds

Now that the federal government has lubricated the foreclosure machinery with $25 billion in settlement money, they will fire-up the foreclosure assembly line.

Restricted REO Inventory Side Effects

Although the foreclosure processing delays triggered by robo-signing are stalling any definitive real estate recovery, there are some side effects that may be positive for the overall housing market.