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.
Home and style magazines, social media and interior designers on TV are inspiring more homeowners to transform their spaces into places they love. Projects range from renewing your bathtub to refreshing your backyard deck, and can be completed in just one weekend.
Long gone are the days when TVs were a "one size fits all" proposition, when all you really wanted was the right size box for your living room: a picture tube TV with an unassuming appearance, only matched by its archaic remote controller. Today, the game has changed, and the choices of flat-panel HDTVs are almost as diverse as the viewing audience.
One of the hottest summers in US history has sent everyone scurrying into their pools to cool off, and the biggest new trend in swimming pools is salt water. First developed in Australia, saltwater pools offer several advantages over conventional chlorine and have become incredibly popular in the last decade.
"Go big or go home." It's a popular sports chant that's found its way into numerous other aspects of American life. But when it comes to home decor, going big at home may not seem like an option, especially if your budget is less than grand.
SEATTLE (AP) - U.S. home values have risen four consecutive months, Zillow.com said on Tuesday, a trend that led the housing website to declare that the market has turned the corner from its five-year slump.
DEAR BENNY: Some states such as California have a 3 percent limit to deposit recovery; buyers have the right, if they legally back out of a contract, to secure a full return of up to a 3 percent deposit. Any deposit over 3 percent is not refundable. In California, I have never seen a deposit over 3 percent. --Joe
July 26, 2012|
By BENNY L. KASS
Brad Young of PMZ Real Estate in Manteca has earned the prestigious Certified Distressed Property Expert (CDPE) designation, having completed extensive training in foreclosure avoidance, with a particular emphasis on short sales.
DEAR BENNY: I need to write a "request for payment plan" letter to my homeowners association, but I don't know how to write an effective one. I owe several months of back dues totaling about $3,000, which includes attorney's fees and interest. I really need help on writing this letter. I have not paid because of major health issues in 2011 to date. --Liz
July 19, 2012|
By BENNY L. KASS
Hey you Real Estate Boys: There's a lot going on my/our lives in the coming months. First and most importantly we will be getting married right after we both graduate in May, from Stanislaus with our respective degrees. We both have good jobs in this area and are looking forward to becoming old and boring and raising a family. "She is so brilliant." So, being the conservative future couple we'd like to make sure we start our lives on the correct foot/feet. And that, sirs, is our question. How does a young couple start a life ...
WASHINGTON (AP) - Mortgage giant Fannie Mae says it had net income of $1.9 billion for the first quarter. That's sharply down from the same period a year ago due to lower fee income and larger losses on investments used to hedge against swings in interest rates.