Orlando Real Estate - CENTURY 21 Solutions Realty

1. Loyalty is overrated

For the growing number of struggling homeowners in this country, more help is on the way. Additional aid from the federal government will begin making its way to them next month -- one program would help qualified homeowners refinance their mortgages after seeing their property values fall below the amount they owe, and the other includes another round of funding to help the unemployed or underemployed with their payments.

Despite a recent spate of bad news coming out of the housing industry, home prices show signs of stabilizing.

The developers planning to build a $100 million Islamic center near the World Trade Center site are nearly a quarter-million dollars behind on real estate taxes and late fees.


World Trade Center - Islam - Real estate - New York City - September 11 2001

The number of buyers who signed contracts to purchase previously occupied homes increased in July but remained well below last year's levels, a sign that demand for housing remains weak.


Contract - Business - National Association of Realtors - Residential Housing - Construction and Maintenance

A broad swath of homeowners — those not headed for the worst-case scenario of foreclosure — are nonetheless grappling with the impact of lost home equity.

Foreclosure - Real estate - Business - Investing - Mortgage loan

The Fed was unwilling to employ a strategy of raising interest rates following the financial meltdown, Bernanke said.

How low can they go? Mortgage rates hit a new record low for the 10th time in 11 weeks, according to Freddie Mac.

Loan servicers that don't follow Fannie Mae's foreclosure schedule for their state will be fined, the organization says.

Five years ago, one of the most destructive natural disasters in our nation's history hit the Gulf Coast. When they hit the coasts of Louisiana and Mississippi, Hurricanes Katrina and Rita took thousands of lives, displaced millions of residents, wiped out hundreds of square miles of coastal land, and inflicted major damage to nearly 300,000 homes.

WASHINGTON - U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan today awarded nearly $312 million to 13 states to invest in efforts to reduce the human, physical, and economic toll of future disasters. The grants announced today are provided through HUD's Disaster Recovery Enhancement Fund (DREF) and are intended to encourage states to undertake activities and long-term strategies that focus on reducing damages from future natural disasters.

SIOUX FALLS, SD - U.S. Housing and Urban Development Secretary Shaun Donovan traveled to a Native American community in South Dakota today to announce $65 million in available funding to support a variety of community development and affordable housing production in Indian country throughout the U.S. Donovan made the announcement following a tour of the Rosebud Reservation in South Dakota with Senator Tim Johnson.

With interest rates near zero and the Federal Reserve already owning a large share of the mortgage and Treasury securities markets, many investors fear the central bank may be out of ammunition should the economy take a serious turn for the worse.

But Fed-watchers say the central bank, despite its ...

OPINION/ANALYSIS:

Contrary to the news flow, it's been a rather quiet week for me. One that reminds me of crickets, not so much because of the noise crickets make but the absence of other noise that lets you hear the crickets. With some slack in the schedule, I thought a ...

The former chief of failed investment giant Lehman Brothers told a Capitol Hill panel investigating the financial crisis that the Wall Street firm could have been rescued, but regulators refused to help -- even though they later bailed out other big banks.

Richard S. Fuld Jr. told the Financial Crisis ...