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Tag Archives: housing

Wells Fargo turns to cost cuts as recovery stalls

NEW YORK — The nation’s largest mortgage lender is turning to cost-cutting as the economy sputters and the grinding housing slump means waning profits from new mortgages. Wells Fargo & Co. on Tuesday posted a 30 percent leap in second-quarter ...

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Realities of Real Estate: Foreclosure and Short Sale Update

In many parts of Maryland, the housing market is beginning to heal. Especially for the perimeter of Washington, D.C., popular benchmarks like the Case-Shiller Home Price Index have shown consistent improvement for some time now. The D.C. area continues to ...

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Maryland foreclosures fall, but news isn’t good

Foreclosures on Maryland properties in the first half of this year fell more than 68 percent compared with the corresponding period in 2010, an extreme example of a nationwide trend, foreclosure listing company RealtyTrac Inc. said Thursday. But the decline, ...

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Realities of Real Estate: Buying vs. renting

These days, many people think that renting might be a better deal than making the leap to home ownership. Much of the decision can rest on your current financial condition and overall ability to buy. For some, a poor credit ...

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Editorial: Fast Track offers hope

The O’Malley administration took a much-needed step last week when the governor unveiled a streamlined state approval process for development projects that will generate large numbers of jobs. But a lack of specifics accompanying the announcement left unanswered questions about ...

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Government to ease foreclosure rules for unemployed

WASHINGTON — The Obama administration is making it easier for out-of-work homeowners to stay in their homes, as it tries to revamp its signature but troubled foreclosure-prevention programs. Starting Aug. 1, the Federal Housing Administration will extend the forbearance period ...

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Bob and Donna McWilliams: Don’t laugh: A U.S. housing shortage is a real possibilty

If you’d suggest to people that we’re headed for a housing shortage in the United States, they’d likely think you’re on another planet. Most folks would point to all the homes on the market and a healthy inventory of foreclosed ...

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Bob and Donna McWilliams: Are we headed for a housing shortage?

If you’d suggest to people that we’re headed for a housing shortage, they’d likely think you’re on another planet. Most folks would point to all the homes on the market and a healthy inventory of foreclosed properties owned by the ...

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