| Hochfelder Accused of Larceny in Deals |
New York real-estate investor Adam Hochfelder has been arrested for allegedly "stealing more than $17 million from a panoply of banks and individuals." Read More.....
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| Learning to Embrace the Change Order |
Nancy Keates discovers that the human desire to re-think decisions inevitably leads to changes in homebuilding plans. Those changes often mean big cost overruns – but sometimes, they can also translate to big savings. Read More.....
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| Fannie Names New CFO, Risk Chief |
Fannie Mae shook up its top ranks, announcing its chief business officer and two others are leaving as it moves to save capital. Shares surged 15%. Read More.....
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| Housing Market Still Under Pressure |
Home prices are improving in some parts of the country but still falling sharply in hard-hit places like Phoenix, as the weak housing market and shaky consumer confidence continue to weigh on the battered U.S. economy. Read More.....
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| FHA Raises Premiums for Home Loans |
The Federal Housing Administration raised the premiums it charges for insuring that mortgages will be repaid to 1.75% of the loan amount. Read More.....
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| S&P Cuts Mortgage-Insurer Ratings |
S&P downgraded its credit ratings on the units of three mortgage insurers, reflecting its expectations for increased claims and concerns about the profitability of insured mortgages originated this year. Read More.....
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| Housing Recession Just Builds |
With each economic release related to the state of the housing market comes the hope that this one, finally, will prove that the residential real-estate market is on the way to recovery. Read More.....
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| In a Slow Market, Builders Offer Big Incentives |
There's no guarantee that the housing market will turn around soon—but some builders are offering discounts that make it worth jumping now. June Fletcher offers tips on how to negotiate for a great deal. Read More.....
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| China to Alter Insurers' Rules |
Chinese regulators will give the nation's insurers greater leeway to invest in real estate, a move that could help these big investors diversify their holdings and could open a new source of capital for the weakened domestic property market. Read More.....
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| Mortgage Fraud Jumped 42% in Year |
Reported incidents of mortgage fraud jumped 42% nationwide, with Florida reporting the highest number of cases, according to industry data. Read More.....
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| Home-Price Watchers Hope Drop Slows |
This week's housing-market data won't erase the souring situation surrounding Fannie Mae and Freddie Mac, but could bear a silver lining if the rate of price declines shows signs of moderation. Read More.....
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| Hedge Funds Help Fill a Gap |
More investors seeking financing to acquire office towers, retail stores and hotels are left with little choice but to turn to so-called hard-money lenders, lightly regulated businesses that charge high interest rates for short-term loans. Among the biggest players in the hard-money arena are hedge funds. Read More.....
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| Fresh Powder for Ski Towns |
Related has built signature buildings that helped to transform neighborhoods in Manhattan, Phoenix and South Florida. Now, the big-market developer is attempting a $3 billion redevelopment to transform Snowmass, Colo. Read More.....
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| New York's 9/11 Site Needed a Logue |
Rebuilding Ground Zero is arguably the greatest political and bureaucratic fiasco in the history of the world. Planner Edward J. Logue would have provided the leadership that the 9/11 site needed desperately and never had. Read More.....
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| Citigroup Veteran Takes Apollo Job |
Apollo Management LP has hired a senior Citigroup Inc. executive to build its real-estate business. Read More.....
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