Summer home of JFK’s grandfather fetches $950K
HULL, Mass. – The former summer home of President Kennedy’s grandfather sells at auction today for 950-thousand dollars.
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Taking A Closer Look At Eminent Domain Antonio Rossmann, a land-use law expert, discusses how the Supreme Court's ruling may affect homeowners.via
Hurricane Victims' Bills Coming Due Katrina victims Ed and Elsa Gaskell realized only last week that their last three months' worth of mortgage payments on their damaged New Orleans home were due today.read more...
$100 billion boost envisioned for Fannie, Freddie / Home Loan Banks get OK to double mortgage purchases (San Francisco Chronicle) The Federal Home Loan Bank system can increase purchases of Fannie Mae and Freddie Mac securities by $100 billion over two years in the latest government effort to stabilize the
New financial turn for Lakeshore East The developers of Lakeshore East have refinanced the massive mixed-use project with a big loan from an AFL-CIO pension fund that pays off existing loans and puts about $40 million
Fed proposes new mortgage protections (Reuters via Yahoo! News) The Federal Reserve Board on Tuesday proposed new protections for high-cost mortgage borrowers to avoid a repeat of the loose lending standards that have put many Americans at risk
FSA looks to avert any subprime problems The financial regulator is to examine whether customers who get into financial difficulty after taking out subprime mortgages are being treated fairly by banks, in another sign of heightened