News & Headlines
A directory of real estate links, outlining the most popular news and other articles as voted on by the BiggerPockets community.
Links from: ft.com
New York sues banks over home seizures
New York has sued three of the largest US banks over their use of a national private electronic mortgage registry, accusing them of illegal home seizures and adding yet another legal worry for besieged lenders. Eric Schneiderman, the state’s
BofA to cut 30,000 jobs as US economy falters
Bank of America, the biggest US bank by assets, this week said it would slash 30,000 jobs and $5bn in annual expenses as the lender tries to regain investor confidence amid mounting mortgage-related expenses and a faltering US economy. The cuts are
Some Long Term Negative Demographic Trends
Prior to the recession, the participation rate for 25-54-year olds was already in steady decline....
Insurance cost against US default hits record
The cost of buying insurance against a default by the US rose to a record on Wednesday, in a sign of growing unease that gridlock in Washington over raising the federal debt ceiling may result in the Treasury failing to pay interest to bondholders.
Home - To buy or not to buy?
The largest housing market of all – the US – is no more a single market than is the European market. Different areas of that country have seen very different mixes of speculative motive and economic ....
Cheapest five-year mortgage at 3.95 per cent
HSBC has today launched the cheapest five-year fixed-rate mortgage currently in the market at 3.95 per cent.
Bernanke faces US growth mysteries
“The recession was unÂusually long and unusually severe and has proved unusually resistant to unusual amounts of stimulus,†says Neil Soss, chief economist at Credit Suisse in New York.
US homebuilder slump worsens
Confidence among US homebuilders continued to spiral downwards in July as the sputtering housing market dented demand for construction.
Spill costs to cut BP tax bill by $10bn
The latest UK and international business, finance, economic and political news, comment and analysis from the Financial Times on FT.com
Banks bypass brokers to offer best loans
Homebuyers who rely on brokers to find the best mortgage deals are at risk of paying uncompetitive rates, following the launch of market-beating loans from banks and direct providers.
Commercial property: lenders take a wait-and-see approach
The commercial property market is braced for a possible wave of defaults, as the borrowers behind the large and complicated tiered financing structures created during the good years may not be able to meet their obligations.
Paulson sees California homes rally
John Paulson, the hedge fund manager whose bearish positions on the US housing market earned billions in profits, told investors yesterday that housing prices in hard-hit California will begin to rise this year
Soaring Chinese housing increases fears of a bubble
Housing prices in China accelerated in December, climbing 7.8 per cent from the same month a year earlier and prompting a flurry of new government measures as Beijing attempts to slow soaring prices without derailing the economic recovery.
'Bottom-feeding' investors drawn to US real estate...
FT.com reports international money coming to US for 'bottom-feeder' prices. ...as long as rates stay low.
About BiggerPockets |
Press |
Advertising |
Stats |
Contact Us |
Help
| Upgrade to PRO
Terms of Use |
Privacy Policy
BiggerPockets ® is a registered trademark of BiggerPockets, Inc.
Copyright © 2004-2012 BiggerPockets Inc. All Rights Reserved.
Follow us:
