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Mortgage crimes are focus of new task force

A new special task force to investigate and prosecute those responsible for bad mortgages during the housing boom will be part of President Obama's 2012 agenda.



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New York condo sells for a record $90M

An unnamed buyer paid more than $90 million for a Midtown Manhattan penthouse, the highest price ever paid for a New York apartment, according to the building’s developer.

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‘I have an airplane hangar in my front yard’

Like so many Americans across the nation, Julie Clark commutes to work. But she doesn’t drive, walk or even take a bus or train. Instead, she flies a plane.

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The Facebook effect on San Francisco real estate

The Basis Point is a popular mortgage and housing blog that tracks consumer critical issues and data. It is edited by Julian Hebron, a retail mortgage lender who runs the San Francisco branches of RPM Mortgage.

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Home buying at most affordable level in decades

Buying a home has reached its most affordable level in more than two decades.

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Mortgage rates hit record low again

Buying a home just got even cheaper as interest rates on both 30-year and 15-year-fixed-rate mortgages set record lows for the third week in a row.

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Foreclosures fall to lowest level since 2007

Foreclosure filings in April fell for the third straight month to the lowest level since July 2007.

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Ukraine’s unexpected rise in house prices, amidst economic slowdown and political tension

House prices in Kiev, Ukraine’s capital, rose sharply during the year to April 2012.

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Czech house prices – still falling after 4 years

After four years of price falls, the Czech Republic’s residential market remains depressed.After four years of price falls, the Czech Republic’s residential market remains depressed.

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Mortgage delinquencies drop to 4-year low

The percentage of borrowers who have dropped behind on their mortgage payments fell to a four-year low in the first three months of 2012, a bankers’ group said Wednesday.

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George Lucas proposes affordable housing plan

The film emperor may be striking back. For 25 years, filmmaker George Lucas tried to persuade his Marin County, Calif., neighbors to let him build a digital production studio on his ranch there, but the area’s residents thwarted the plan.

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