Money Mondays: Walking Away from Mortgages
Is it smart to walk away from your mortgage if your house is worth less than what you owe?
THE COLOR OF MONEY COLUMN: So Many Rules, But So Late
Over the next two years, consumers may feel like an
U.S. Foreclosure Filings Up 81 Percent in 2008
More than 2.3 million American homeowners faced foreclosure proceedings last year, an 81 percent increase from 2007, with the worst yet to come.
Money Mondays: How to Buy a Foreclosed Property
What warning signs should one look for when purchasing a foreclosed or short sale property?
Pending Home Sales Plunge to Record Low in Nov.
WASHINGTON (AP) — The National Association of Realtors says pending home sales fell to the lowest level on record in November, as the plummeting stock market and faltering economy caused buyers to put their purchases on hold.
November Existing Home Sales Fall by 8.6 Percent
Sales of existing homes plunged far more than expected last month as buyers recoiled from October's financial wreckage on Wall Street. The median sales price fell by the largest amount on record.
The Color of Money Column: Mortgage Lending Reform
Department of Housing and Urban Development Secretary Steve Preston recently announced what he said was a "mammoth leap forward for the consumer." So what does this mammoth leap entail? It's an overhaul of the good-faith estimate used during the mortgage lending process.
Obama calls for 90-day moratorium on foreclosures
Democrat Barack Obama proposed more immediate steps Monday to heal the nation's ailing economy including a 90-day moratorium on home foreclosures at some banks and a two-year tax break for businesses that create new jobs.
Separating fact from fiction will put you ahead of the game
A good option for first-time homebuyers?
Before You Buy a Home - Look at Eight Reasons to Buy a Home
Before You Buy a Home - Look at Eight Reasons to Buy a Home
BlackAmericaWeb.com, Inc. All Rights Reserved.
Use of this Site constitutes acceptance of our User Agreement and Privacy Policy.