Las Vegas Real Estate News

Fraud Seen as a Driver In Wave of Foreclosures Posted: 23 Dec 2007 11:00 PM CST Shady mortgage schemes -- some highly sophisticated -- are costing banks billions and help explain why defaults and foreclosures are rocking Wall Street and the economy.

Slow Building of a Rescue Plan For Struggling Homeowners Posted: 23 Dec 2007 11:00 PM CST In April, little-known regulator Sheila Bair began pushing an idea to freeze interest rates for borrowers. Seven months later, Bush announced a deal to tackle the housing meltdown that looks a lot like her initial proposal.

Iglesias Razes House After It Fails to Sell Posted: 23 Dec 2007 11:00 PM CST Singer Julio Iglesias had hoped to get $25 million for his home, but knocked it down instead and will rebuild. Plus, Japanese-born couturier Kenzo Takada is asking $17.3 million for his custom-built Parisian mansion.

Five Banks to Refinance New England Subprime Loans Posted: 23 Dec 2007 11:00 PM CST The lenders said they would make available $125 million to refinance mortgages that are scheduled to reset at higher rates, under a plan coordinated by the Federal Reserve Bank's Boston branch.

You are subscribed to email updates from Las Vegas Real Estate News To stop receiving these emails, you may unsubscribe now.	Email Delivery powered by FeedBurner
Inbox too full? Subscribe to the feed version of Las Vegas Real Estate News in a feed reader.
If you prefer to unsubscribe via postal mail, write to: Las Vegas Real Estate News, c/o FeedBurner, 20 W Kinzie, 9th Floor, Chicago IL USA 60610