NEW YORK (AP) - Citigroup will try something new to keep struggling homeowners out of foreclosure: turn them into renters.
WASHINGTON (AP) - The government's consumer lending watchdog proposed new rules Friday aimed at protecting homeowners from unexpected costs and shoddy service by companies that collect their monthly mortgage payments.
SACRAMENTO (AP) - The Occupy Sacramento movement is staging a protest over California home foreclosures outside Gov. Jerry Brown's rented Sacramento loft.
Backyards have always been places where families can get away without actually going away. Outdoor areas connect people with their favorite natural treasures while providing a place to relax. Whether it's adding an outdoor kitchen and replacing your old picnic table with a truly impressive dining set, or outfitting your patio with a desk space so you can bring your work outside, you can expand your living area by focusing on what's outside the home.
DEAR BENNY: I have some questions regarding an owner's right to rent his condo:
LOS ANGELES (AP) - More U.S. homes started on the foreclosure path in July, as lenders tackled a backlog of mortgages gone unpaid even as they pulled back on home repossessions.
WASHINGTON (AP) - Fannie Mae earned $2.2 billion from April through June, its second quarterly gain in net income since being taken over by the government during the 2008 financial crisis.
NEW YORK (AP) - The first sign that something strange is happening on Ludlow Street is the fence, which is long and green and decidedly out of place amid a cluster of city buildings. Peer through its holes and things get even more confusing: Is that a backyard? In the middle of Manhattan?
Water and the summer months tend to go hand-in-hand - water skiing or fishing at a lake, taking a dip in a swimming pool and watering home-grown plants with a garden hose are among the season's most popular activities. Recent summers have also been some of the driest on record, prompting grass fires, drastically low lake levels and water utilities having to implement water restrictions on their customers.
WASHINGTON (AP) - Average U.S. rates on fixed mortgages rose for the second straight week, staying slightly above historic lows.
LOS ANGELES (AP) - U.S. homeowners are getting better about keeping up with their mortgage payments, driving the percentage of borrowers who have fallen behind to a three-year low, according to a new report.
Get ready for property tax increases starting in 2013.
HONOLULU (AP) - David Murdock has sold his Hawaiian island, but he's keeping his seven-bedroom Lanai home, a woodworking shop containing koa furniture, two carved elephant tusks in a resort lobby, and 1,000 rare orchid plants.
WASHINGTON (AP) - The average U.S. rate on the 30-year fixed mortgage rose this week after falling to new record lows in each of the past four weeks.
WASHINGTON (AP) - A federal regulator is standing by its decision to bar Fannie Mae and Freddie Mac from reducing principal for borrowers at risk of foreclosure, resisting pressure from the Obama administration.
LOS ANGELES (AP) - Fewer U.S. homeowners are falling behind on their mortgage payments, a trend that has reduced the late-payment rate on home loans to the lowest level in six years, according to credit reporting agency TransUnion.
With autumn just a few short weeks away, many people will soon spend less time on the patio and more time within four walls. Actually, five walls if you include the ceiling.
The appeal of Del Webb at Woodbridge goes beyond the obvious.
Moving up - vacating your current, smallish home for a larger, roomier abode - was the American way before the Great Recession. Now that the economy is humming again, at least some of the people who stayed put during those lean years will be looking to move into larger, nicer homes this summer. High demand and low inventory, however, may leave many with nowhere to go. Some will rediscover a time-honored space-gaining technique: attic conversion.
Summer is here and this is the time when you want to be outside as much as possible, soak up the sun, eat amazing food and enjoy the company of family and friends. You'll also see more of your home's exterior on days like this than any other time of the year so this is also a great time to complete those outdoor projects. In fact, 60 percent of homeowners will accomplish a summer home improvement project this year according to survey data from the Zillow Digs Summer Home Improvement Trend and Spending Survey.
Mom rules the media room, Johnny loves the basement workshop and the kitchen is Dad's domain. Gender roles notwithstanding, each family member has one room where he or she enjoys spending more time. One room, however, is equally used and loved - or reviled - by all: the bathroom.
Most people enter their home through the garage or backdoor, forgetting how the front entrance looks to neighbors and guests. Your front door is often the first thing others notice about your home. That's why it's key to make a positive first impression.
SAN DIEGO (AP) - California home sales declined in July compared to the same time last year as buyers struggled to find something they could afford in the tight market, a research firm said Thursday.
WASHINGTON (AP) - Average long-term U.S. mortgage rates declined this week, approaching their lows for the year.
NEW YORK (AP) - There are changes coming to FICO, a broadly used credit score, that may mean higher credit scores for many consumers. Banks, credit card issuers, auto lenders and other businesses use those scores to decide whether to lend to consumers and how much interest to charge them. A higher score could get you better terms on loans for cars and homes.
WASHINGTON (AP) - Average long-term U.S. mortgage rates rose slightly this week but remained near their lows for the year.
Would a great study space ease your child's transition from summer to school? Perhaps an awesome lounge area could convince your teens - and all their friends - that your house is the best hangout spot ever. Whatever your objectives, a few design and decorating tricks can help you create a kid-friendly space in your home.
No matter if you're an aspiring chef or TV dinner connoisseur ... if the look of your kitchen makes you want to dine out - it may be time for an upgrade. The kitchen should be the heart of your home: it's where you entertain, hold family meetings and even pay bills, so why not take it from "make-do" to "magnificent?"
Think home technology begins with your wireless, programmable thermostat and ends with the high-definition, 3-D, web-enabled flat-screen TV with surround sound? Think again - whole home technology means using leading-edge devices to improve life in every room of the house, including the bathroom.
Warm weather, continued care and robust plants have yielded a bounty of beautiful, fresh vegetables - and personal satisfaction - from your garden this season. As the weather cools and fall approaches, it is not time to hang up your hat, gloves and trowel for the year. Autumn provides optimum weather and ample opportunity to keep growing and harvesting delicious, healthy produce well into the season.