GLOSSARY
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Finance Glossary
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Pair Living in $1.2 Million House Plead Guilty in Welfare Fraud
Pair Living in $1.2 Million House Plead Guilty in Welfare Fraud
Filed under: NewsOne couple that had been collecting welfare while living in a luxurious waterfront home would appear to have just learned an important lesson: Don't mess with Uncle Sam.
The two Seattle residents drew widespread media attention last year[…]
Created on: 18 May 2012 | 11:00 am
18 May 2012 | 11:00 am -
States Tighten Foreclosure Regulations
States Tighten Foreclosure Regulations
Filed under: NewsThe Hawaii Legislature and Massachusetts House of Representatives passed bills that put tougher restrictions on foreclosures. In Hawaii, the new bill updates the state's foreclosure law, which was called the strongest in the country when it passed last[…]
Created on: 18 May 2012 | 10:45 am
18 May 2012 | 10:45 am -
Former NYPD Officer Accused in $4.7 Million Real Estate Scam
Former NYPD Officer Accused in $4.7 Million Real Estate Scam
Filed under: NewsA former police sergeant and a New York attorney are being charged with stealing $4.7 million from investors using an elaborate real estate scam. James Monahan, who worked for the New York Police Department from 1994 to 2005,[…]
Created on: 18 May 2012 | 7:35 am
18 May 2012 | 7:35 am -
Mortgage Rates Reach Record Lows for 3rd Straight Week
Mortgage Rates Reach Record Lows for 3rd Straight Week
Filed under: NewsWASHINGTON -- Average U.S. rates for 30-year and 15-year fixed mortgages fell to record lows for the third straight week. The steady decline has made homebuying and refinancing more affordable than ever for those who can qualify.
Mortgage[…]
Created on: 18 May 2012 | 5:00 am
18 May 2012 | 5:00 am -
Open Houses of the Week: May 19-20
Open Houses of the Week: May 19-20
Filed under: NewsThere's nothing quite like the lure of an open house sign. Granted, you might not be in the neighborhood (or tax bracket) for many of these outstanding properties, but there's still plenty to admire -- even from the[…]
Created on: 18 May 2012 | 1:00 am
18 May 2012 | 1:00 am -
After 37 Years, 'Neighbors From Hell' May Finally Face Eviction
After 37 Years, 'Neighbors From Hell' May Finally Face Eviction
Filed under: NewsWe've seen plenty of cases of homeowners displaying brazen disregard for their neighbors.
There was a resident who tried to sabotage the sale of a home next door by trumpeting all the reasons why he'd be an awful[…]
Created on: 17 May 2012 | 9:00 am
17 May 2012 | 9:00 am
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New York condo sells for a record $90M
New York condo sells for a record $90M
An unnamed buyer paid more than $90 million for a Midtown Manhattan penthouse, the highest price ever paid for a New York apartment, according to the building's developer.
Created on: 18 May 2012 | 4:19 pm
18 May 2012 | 4:19 pm -
'I have an airplane hangar in my front yard'
'I have an airplane hangar in my front yard'
Like so many Americans across the nation, Julie Clark commutes to work. But she doesn't drive, walk or even take a bus or train. Instead, she flies a plane.
Created on: 18 May 2012 | 8:50 am
18 May 2012 | 8:50 am -
The Facebook effect on San Francisco real estate
The Facebook effect on San Francisco real estate
The Basis Point is a popular mortgage and housing blog that tracks consumer critical issues and data. It is edited by Julian Hebron, a retail mortgage lender who runs the San Francisco branches of RPM Mortgage.
Created on: 17 May 2012 | 12:27 pm
17 May 2012 | 12:27 pm -
Home buying at most affordable level in decades
Home buying at most affordable level in decades
Buying a home has reached its most affordable level in more than two decades.
Created on: 17 May 2012 | 11:52 am
17 May 2012 | 11:52 am -
Mortgage rates hit record low again
Mortgage rates hit record low again
Buying a home just got even cheaper as interest rates on both 30-year and 15-year-fixed-rate mortgages set record lows for the third week in a row.
Created on: 17 May 2012 | 11:09 am
17 May 2012 | 11:09 am
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Mortgage market freezes up as Santander scales back on lending
Mortgage market freezes up as Santander scales back on lending
Santander's retreat from lending is pushing the mortgage market into crisis.
Created on: 19 May 2012 | 12:17 am
19 May 2012 | 12:17 am -
Commercial-Mortgage Securities Spreads Soar to Widest of 2012
Commercial-Mortgage Securities Spreads Soar to Widest of 2012
Wall Street dealers are selling commercial-mortgage bonds with the widest spread this year as the European debt crisis and JPMorgan Chase & Co.’s trading loss rattles markets.
Created on: 18 May 2012 | 2:00 pm
18 May 2012 | 2:00 pm -
Use Tax Refund to Cut My Mortgage Payment?
Use Tax Refund to Cut My Mortgage Payment?
Using your tax refund to pay down your mortgage is just one way to reduce your monthly bill.
Created on: 18 May 2012 | 7:20 am
18 May 2012 | 7:20 am -
Mortgage rates hit record low for third week in a row
Mortgage rates hit record low for third week in a row
Mortgage rates hit record low for third week in a row
Created on: 17 May 2012 | 11:09 am
17 May 2012 | 11:09 am -
Mortgage rates still falling, hit record lows
Mortgage rates still falling, hit record lows
Mortgage rates have continued to fall over the past week, setting record lows for both 30-year and 15-year contracts, mortgage giant Freddie Mac said Thursday. The 30-year benchmark now stands at 3.79 percent, down from 3.83 percent a week ago,[…]
Created on: 17 May 2012 | 11:03 am
17 May 2012 | 11:03 am -
Mortgage Rates At Record Lows As 30-yr At 3.79%
Mortgage Rates At Record Lows As 30-yr At 3.79%
Mortgage rates hit record lows in the week ending May 17, with the 30-year fixed-rate mortgage average falling to 3.79% from 3.83% in the prior week, Freddie Mac said Thursday in its weekly report.
Created on: 17 May 2012 | 10:02 am
17 May 2012 | 10:02 am
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St. George | $189,000
St. George | $189,000
Well cared for, charming farmhouse in the hub of "T" Harbor. Original tin ceiling in kitchen and has built-ins in den.
Created on: 19 May 2012 | 5:53 am
19 May 2012 | 5:53 am -
On the Racked: Rare Nude Marilyn Monroe Photos, JLo in Hidden Hills, La Cienega Storefront Tableaux
On the Racked: Rare Nude Marilyn Monroe Photos, JLo in Hidden Hills, La Cienega Storefront Tableaux
SANTA MONICA: A set of rare nude photos of Marilyn Monroe have gone on display in an unexpected place: Santa Monica women's shop Hip'tique . The images, taken by Lawrence Schiller in 1960, are available for sale at $18,000 a[…]
Created on: 19 May 2012 | 1:39 am
19 May 2012 | 1:39 am -
Lawsuits: CIM Accused of Bogus Demolition of Old Spaghetti Factory
Lawsuits: CIM Accused of Bogus Demolition of Old Spaghetti Factory
There is so much drama these days around the old Old Spaghetti Factory property in Hollywood! CIM Group bought the site in August last year and plan to build an already-entitled mixed-use tower.
Created on: 19 May 2012 | 12:39 am
19 May 2012 | 12:39 am -
Real Estate News: The New First Family of Real Estate
Real Estate News: The New First Family of Real Estate
The New First Family of Real Estate : In a real estate shopping spree of epic proportions, the daughters of Formula 1 Racing boss Bernie Ecclestone have snapped up hundreds of millions of dollars worth of high-profile properties in the[…]
Created on: 18 May 2012 | 11:39 pm
18 May 2012 | 11:39 pm
