Fox Lake Towing and Recovery

State attorneys general and federal regulators are rushing to settle the robo-signing foreclosure mess created by the banks and get the real estate market back on its feet. But their proposals don’t fully address the one of the fundamental problems of the crisis: Who really owns all those homes?

Continue reading Why the Foreclosure Mess Settlement Proposal Can’t Fix the Damage

Why the Foreclosure Mess Settlement Proposal Can’t Fix the Damage originally appeared on DailyFinance on Fri, 18 Mar 2011 18:00:00.

Filed Under: Columns, Economy, Real Estate, Credit

The Empire State Building is perhaps best remembered as the site of King Kong’s last stand, but in real life, the monkey on the building’s back wasn’t a giant gorilla — it was a giant electricity bill. But that was before one of the most remarkable green renovations ever undertaken.

Continue reading New York’s Tallest Building Is Now One of Its Greenest

New York’s Tallest Building Is Now One of Its Greenest originally appeared on DailyFinance on Fri, 18 Mar 2011 08:00:00.

Filed Under: Energy, Economy, People, Media, Green, Real Estate

Some recent reports on the real estate market show home prices starting to stabilize in many areas. Other data suggests the housing market has further to fall. But whichever direction the numbers are heading, there are few tenets that smart buyers and sellers should always follow.

Continue reading Three Key Rules for an Unpredictable Housing Market

Three Key Rules for an Unpredictable Housing Market originally appeared on DailyFinance on Tue, 15 Mar 2011 06:30:00.

Filed Under: Columns, Real Estate

Bank of America is reportedly offering legislators a special hot line with the bank, to help with homeowner’s mortgage modification. But no one else can have access to the number, not even the people who most need it.

Continue reading BofA Offers to Help Fix Mortgages…If You’re a State Legislator

BofA Offers to Help Fix Mortgages…If You’re a State Legislator originally appeared on DailyFinance on Fri, 11 Mar 2011 20:45:00.

Filed Under: Columns, Economy, Bank of America, Real Estate

Almost as soon as regulators proposed a settlement for the mortgage mess that would require banks to obey the law, the banks’ Republican allies began trying to weaken it through obfuscation and confusion. Read on for some plain English translations of their arguments against the settlement.

Continue reading Decoding the GOP Argument Against Punishing Banks for Their Mortgage Crimes

Decoding the GOP Argument Against Punishing Banks for Their Mortgage Crimes originally appeared on DailyFinance on Fri, 11 Mar 2011 12:00:00.

Filed Under: Columns, Economy, JP Morgan Chase, Bank of America, Citigroup, Wells Fargo & Co, Real Estate, Credit