All Bethany Moore did was open an e-mail that appeared to be from UPS and click on an attachment about a supposed lost package. Now she’s fighting to save her small escrow company in Southern California from financial ruin.
President Obama signed into law the Dodd-Frank Wall Street Reform and Consumer Protection Act, a 2,300-page bill that increases regulatory oversight of financial institutions and creates a new bureau to watch out for Americans’ financial interests. What does it mean for you?
Consumers across the country say their agent earned their heartfelt gratitude by taming what they feared would be a confusing, frustrating, and even risky process. But the opposite is also true, with some consumers questioning whether their agent had their interests at heart.
There’s a flurry of activity in the nation’s capital to clamp down on U.S. workers that are misclassified as independent contractors. What does this mean for those who work in the real estate industry?
The Supreme Court of Wyoming ruled that the owners of a sprawling Wyoming cattle ranch acted in bad faith by replacing their longstanding broker after he assembled a promising deal, and were wrong to deny him commission when the deal closed.
No one likes it when changes to mortgage underwriting make it harder for working households to secure safe and affordable home financing. But in the case of the FHA’s tightened lending requirements announced in late January, the end may justify the means.
The short-sales process, often agonizingly long, may not speed up overnight, but there’s reason to believe that better days are ahead. The federal government’s long-awaited guidelines for standardizing short sales were released at the end of last year.
When Byron Stookey and his wife were looking at houses several years ago in Brattleboro, Vt., they found a place they loved. But the price was high and there was space on the second floor they didn’t really need.
Their solution was to spend a little more up front to convert that space into a separate unit and use the rental income to help cover their real estate taxes...
If 2009 was the year of economic recovery, 2010 will be the year of growth. Thanks to solid gains in the lower end of the housing market, the first-time home buyer tax credit, and the rebounding stock market, lenders in mid–2009 began cautiously lending money beyond the safe Fannie Mae, Freddie Mac, and FHA loans on which they relied for income during the credit crunch.