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Tag Archives: housing

Home prices falling faster in most metro areas

NEW YORK — Home prices are falling faster in the nation’s largest cities, and a record number of foreclosures are expected to push prices down further through next year. The Standard & Poor’s/Case-Shiller 20-city home price index released Tuesday fell ...

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Baltimore nonprofit files housing lawsuit

BALTIMORE — A Baltimore nonprofit has filed a discrimination lawsuit claiming that a Maryland apartment complex made fewer apartments available to black renters. The lawsuit was filed in federal court Wednesday by Baltimore Neighborhoods Inc., which works to combat housing ...

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Gansler: Victim compensation fund is speculative

State attorneys general and major mortgage lenders are a “long way” from reaching a settlement in the prosecutors’ investigation of “robo-signing” and other alleged activities that have brought the legitimacy of thousands of foreclosures into question, Maryland Attorney General Douglas ...

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October housing construction falls sharply

WASHINGTON — Construction of new homes fell in October, fresh evidence that the housing industry remains under duress. Construction of new homes and apartments sank 11.7 percent last month to a seasonally adjusted annual rate of 519,000 units, the Commerce ...

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Bank of America making changes in foreclosure process

WASHINGTON — Bank of America is telling a Senate panel it is making changes in its foreclosure process after an extensive review found areas needing improvement. The bank is one of several big mortgage lenders that recently suspended foreclosures temporarily ...

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Mortgage rates fall to fresh lows this week

NEW YORK — Rates on fixed mortgages dropped to their lowest levels in decades this week after the Federal Reserve unveiled a massive bond-buying program to help spur economic growth. Mortgage buyer Freddie Mac said Tuesday the average rate for ...

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October foreclosure filings down in U.S., Maryland

Foreclosure filings across the U.S. were down 4 percent last month from September’s figures, the online marketing group RealtyTrac has reported. The 332,172 foreclosure filings in October — one in every 389 housing units — are nearly the same number ...

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