Louis Ragusa, who hasn’t paid his mortgage in two years, says he now has a chance to save his Blackwood, N.J., home from foreclosure after a hedge fund bought the loan.
Read More »Online real estate giants in legal dispute
Zillow, the online real estate giant, and a newly recruited top executive are being sued by the National Association of Realtors and its subsidiary, Move Inc., for "breach of contract, breach of fiduciary duty and misappropriation of trade secrets."
Tagged with: breach of contract breach of fidicuary duty
Read More »Dying Memphis neighborhood foretells next U.S. crisis
If homes are living things, sustaining their inhabitants and contributing to the vitality of their communities, then Hazelwood Road is dying.
Read More »Optimism high in national commercial real estate market
According to a survey conducted by Akerman LLP, a top 100 U.S. law firm, investor and lender confidence in the national commercial real estate market are reaching new heights since the recession.
Read More »Homebuilder confidence in March lower than forecast
Confidence among U.S. homebuilders rose less than forecast in March, a sign the industry may take time to pick up after inclement weather damped activity earlier in the year.
Read More »Fannie Mae wind-down deemed threat to home recovery
A U.S. Senate plan to dismantle Fannie Mae and Freddie Mac may deliver an unintended blow to a fragile housing recovery.
Tagged with: Fannie Mae
Read More »Blackstone’s home buying binge ends
Blackstone Group LP is slowing its purchases of houses to rent amid soaring prices after a buying binge made it the biggest U.S. single-family home landlord.
Read More »Commentary: Net Investment Income Tax hits real estate businesses
The new federal Net Investment Income Tax became effective in 2013, making this the first year that we are seeing its effects on tax returns.
Read More »Mixed messages from Americans on housing
Despite continued improvement in the housing market, Americans' attitudes about the health of the economy and housing reflect continued uncertainty.
Read More »Report: Justice Department didn’t prioritize mortgage fraud
The Justice Department didn’t ensure that mortgage-fraud cases in the wake of the 2008 financial crisis were made a priority at a level equal to its public statements, an internal watchdog said.
Read More »Proposed tax changes could impact real estate industry
Based on the reception the planned overhaul received on Capitol Hill, the proposal does not stand a chance for now.
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