National News

U.S. Homes Set to Lose $1.7 Trillion in Value During 2010

U.S. homes are expected to lose more than $1.7 trillion in value during 2010, which is 63 percent more than the $1 trillion lost in 2009, according to analysis of recent Zillow Real Estate Market Reports. That brings the

New Survey Reveals 58 Percent of Americans Expect Housing Market to Recover After 2012

Trulia.com, a top site for homebuyers, sellers and renters, and RealtyTrac, the leading online marketplace for foreclosure properties, Tuesday released the latest results of an ongoing survey tracking homebuyers’ attitudes toward foreclosed homes. Results of the survey conducted online

HUD to Investigate Allegations That 22 Banks and Mortgage Lenders Discriminate Against Black and Latino Loan Seekers

The U.S. Department of Housing and Urban Development announced yesterday that it is launching multiple investigations into the practices of certain mortgage lenders to determine if their home loan policies illegally deny qualified Black and Latino borrowers access to

Entry Deadline for the 15th Annual Webby Awards Approaches

The 15th Annual Webby Awards will honor excellence on the Internet in the summer of 2011, the final date to enter the most innovative work online is December 17th. Entries for ‘Best Real Estate Site’ of the year can

Calvert Updates ‘Green Homebuilder’ Rankings Based on Environmental and Sustainable Practices

America’s 10 largest publicly traded homebuilders have started to improve their policies and practices relating to the environment and resources, but much progress remains to be achieved, according to a major new study by Calvert – one of the

Fannie and Freddie to Suspend Foreclosure Evictions for the Holidays

Freddie Mac and Fannie Mae, the two government-controlled mortgage entities, have announced that they will freeze all foreclosure evictions on mortgage loans they own or back from Dec. 20, 2010 through Jan.3,

Agencies Issue Final Appraisal and Evaluation Guidelines

The federal financial regulatory agencies issued final supervisory guidance today on sound practices by financial institutions for real estate appraisals and

Zillow Rolls Out Agent Reviews and Ratings Feature

By Tom Butala Zillow.com on Wednesday rolled out a new feature, allowing users across the country to review and rate local real estate agents. With 12.5 million visitors each month, Zillow hopes the insight of former clients can provide

Court Confirms Orleans Homebuilders, Inc. Plan of Reorganization

Orleans Homebuilders, Inc. (the “Company”, or “Orleans”) (Pink Sheets: OHBIQ.PK) and certain affiliated debtors today reported that the United States Bankruptcy Court for the District of Delaware has confirmed the company’s Modified Second Amended Joint Plan of Reorganization (the

HUD Launches New One-stop Website for Economic and Housing Data

The U.S. Department of Housing and Urban Development today unveiled a new website that consolidates a wide variety of economic and housing market data at the regional, state, metropolitan area and county levels. Using data from the Census Bureau,

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