Housing Boom

Jillian Berman

Housing Bust May Curb Middle-Class Teens' Attendance At Top Colleges: Study

HuffingtonPost.com | Jillian Berman | Posted 05.17.2012

For Marliza Melzer, the housing bust has meant the end of two American dreams. "My mortgage is underwater so I can’t pay for my son to go to col...

Foreclosure In America Is A 'Tale Of Two' Trends

AP | ALEX VEIGA | Posted 05.17.2012

LOS ANGELES -- National foreclosure trends took a positive turn in April, as the number of homes seized by banks declined and fewer properties entered...

Housing Doom to Housing Boom: Five Fixes to Keep the U.S. Housing Market on Track

Doug Lebda | Posted 05.15.2012

Doug Lebda

It is up to those of us with knowledge of the markets, and those of us in positions to change them, to transform these ideas from words into action. We should not delay.

One City's 'Last And Best Chance To Avoid A Bankruptcy'

Reuters | Posted 04.29.2012

(Adds comments) By Jim Christie SAN FRANCISCO, Feb 28 (Reuters) - Stockton, California's city council approved a plan l...

Beverly Hills Super-Rich Ditch Increasingly Worthless Mansions

Reuters | Posted 04.16.2012

* Record number of defaults in Beverly Hills * Many wealthy owners could still pay but walked away * Only 12 of 180 dist...

GRAPHIC: America's Housing Market Divided Between Rich, Poor

The Huffington Post | Posted 01.29.2012

The United States is divided into 41,861 distinct zip codes. And the difference in housing prices pushes them even further apart. The truly drasti...

The 'Most Egregious Manifestation' Of The Mortgage Crisis

Reuters | Posted 03.27.2012

By Michelle Conlin Jan 25 (Reuters) - In July 2009, Roy and Sheila Bowers refinanced the mortgage on their suburban ranch home in Tope...

Firm That Extracted Billions From BofA Sets Its Sights On JPMorgan

Posted 12.16.2011

A law firm that led mortgage bondholders to extract a $8.5 billion settlement from Bank of America Corp is turning its sights on JPMorgan Chase & ...

Housing Market Stuck Due To Lack Of First-Time Buyers

AP | By DEREK KRAVITZ | Posted 11.30.2011

WASHINGTON -- This should be a great time to buy a first home. Prices have sunk to 2002 levels. Sellers are waiting anxiously as homes languish on the...

Americans Staying Put More Than At Any Time Since World War II

Posted 12.27.2011

By HOPE YEN, Associated Press WASHINGTON -- Americans are staying put more than at any time since World War II, as the housing bust and unemployme...

Federal Agency Didn't Adequately Oversee BofA Mortgage Settlement: Report

AP | DEREK KRAVITZ | Posted 11.27.2011

WASHINGTON — The Federal Housing Finance Agency failed to adequately oversee settlements between mortgage giants Fannie Mae and Freddie Mac and ...

SEC Nears Settlement With Fannie Mae, Freddie Mac Over Subprime Loans

Posted 11.09.2011

Regulators are close to an agreement with Fannie Mae and Freddie Mac to settle a case over disclosing their exposure to risky subprime loans, The ...

Fraudster Charged With 'Using' Treasury Secretary's Account To Pay Off Mortgage

The Huffington Post | Harry Bradford | Posted 10.17.2011

The housing boom and bust brought forth many accounts of mortgage fraud — but it's only recently that the absurdity of some schemes is coming to lig...

LISTEN: The Decade's Home Prices Converted Into Musical Notes

NPR | JACOB GOLDSTEIN and DAVID KESTENBAUM | Posted 06.26.2011

The Case-Shiller home price index is a powerful way to look at the story of housing in America. You can see the boom and bust all in one simple graph....

Adjustable Rate Mortgages Are Making A Slow Comeback

CNN Money | Les Christie, Staff Writer | Posted 05.25.2011

Adjustable rate mortgages are back! After accounting for nearly 70% of all mortgages issued during the boom, ARMs vanished during the bust, totalin...

Freddie Mac Requests $1.8B Government Handout After Big Losses

AP | ALAN ZIBEL | Posted 05.25.2011

WASHINGTON — Keeping Fannie Mae and Freddie Mac in business will cost taxpayers billions. But getting the federal government out of the mortgage...

Joe Biden At 2010 Radio & TV Correspondents' Dinner: VP Biden Jokes About Israel Visit, Naked Rahm, Tips From Tiger Woods (VIDEO)

Posted 05.25.2011

Vice President Joe Biden delivered some very funny one-liners Wednesday night at the 2010 Radio and Television Correspondents' Dinner. While Biden ce...

Bush Administration Pushed To Preempt State Anti-Predatory Lending Laws: Report

Posted 05.25.2011

A new report suggests that the the Bush administration's hard push to preempt state anti-predatory lending laws may have added fuel to the fire of the...

Detroit Needs Housing Rebound To Spur Pickup Sales

AP | TOM KRISHER | Posted 05.25.2011

DETROIT — At Kevin Haner's construction company in Las Vegas, three of the four Dodge Ram pickup trucks are starting to get a little old. He may...

As U.S. Government Props Up Housing, Taxpayers Are On The Hook For Billions

washingtonpost.com | Zachary A. Goldfarb and Dina ElBoghdady | Posted 05.25.2011

In the go-go years of the U.S. housing boom, virtually anybody could get a few hundred thousand dollars to buy a home, and private lenders flooded the...

Beware the Drywall

Jennifer Schwab | Posted 05.25.2011

Jennifer Schwab

Believe it or not, a limited number of homes, mostly built between 2004 and 2006, seem to have walls that give off poisonous fumes.

Great Reporting of a Sad Story

Jim Randel | Posted 05.25.2011

Jim Randel

If any citizen of this country presents a false loan application to a bank and then gets approved and the bank loses money, that applicant may well be prosecuted for bank fraud.

More Bailouts For Over-Indebted Homeowners Coming?

New York Times | EDMUND L. ANDREWS, LOUIS UCHITELLE | Posted 05.25.2011

Prodded in part by some of the nation's biggest banks, the Bush administration and Congress are considering costly new proposals for the government to...

Next Bubble To Deflate? Greenspan's Star Reputation

Bloomberg | Rich Miller | Posted 05.25.2011

The next bubble to deflate may be Alan Greenspan's reputation. Hailed as perhaps the greatest central banker who ever lived when he left the Federal ...