News Articles for Realtors

Top News
New York charges Bank of America, Lewis over Merrill deal - USA Today - - NEW YORK (AP) — The New York Attorney General's office said Thursday it is filing civil charges against Bank of America and its former CEO Ken Lewis, saying the bank misled investors about Merrill Lynch when it acquired the Wall Street bank in late

Ditech cuts 269 jobs - Orange County Register - - Ditech, the online direct mortgage company in Costa Mesa, may be on its last legs after GMAC announced today its was cutting 269 jobs there. Jeannine Bruin, a GMAC mortgage spokeswoman, said most of the workers affected are sales agents and back office

 
More Borrowers Pay Credit Cards Before Mortgages - CNBC - - borrowers have already figured out that there are so many forces in motion trying to save homes from foreclosure that they can easily miss one, two, five or six mortgage payments before even getting a call from the bank; then, they've got many more

Market News
Fidelity National Financial, Inc. Reports Fourth Quarter 2009 EPS - PR Newswire via MSN Money - - Fidelity National Financial, Inc. , a leading provider of title insurance, mortgage services, specialty insurance, claims management services and information services, today reported operating results for the three-month and twelve-month periods ended

Other News
Home Builders Cut Prices , Work Faster - Wall Street Journal Online - - LAS VEGASHome builders have lost half their share of the U.S. housing market in the past two years, largely because of competition from cheap foreclosed houses. In 2009 only 7.6% of the homes sold were newly constructed, down from the average

Tampa looks to expand foreclosure program - Tampa Bay Online - - nonprofit affordable housing groups and charities to find eligible buyers. The money is not available to those facing foreclosure. Several properties have already been bought and others are planned for purchasing. The program mirrors efforts under way in