Archive for category Uncategorized

A Cold Season in the Hamptons

In the playground of the rich, motivated sellers are on the rise, house prices are falling and sales are at a standstill. It’s no day at the beach.

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Buffett Is Unusually Silent on Rating Agencies

The investor, known for piquant and unsparing criticism of his own performance, has not spoken much on the Moody’s credit rating agency, of which he owns a 20 percent stake.

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Protection for Renters

With foreclosures across the country reaching record levels, Congress should do more to keep buildings continuously occupied and to give renters protection.

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Foreclosure Trash-Out: Ill Fortune and Its Leavings

Across the country “trash out” crews are charged with hauling away what’s left in foreclosed houses, removing any sign of a home life.

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As Jobs Vanish, Motel Rooms Become Home

Many victims of the recession are living in garages or in motels, uncounted and often receiving little public aid.

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Thoughts on Walking Away From Your Home Loan

Moral hazard aside, the consequences of giving up on your mortgage may not be as painful as they once were.

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Bad News, and More Bad News

The economy is sick. Don’t blame The Times.

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Brooklyn Establishes Real Estate Crime Unit

As crimes like deed forgery and mortgage fraud schemes add to foreclosure rates, the borough’s district attorney says it’s time to devote more resources to investigations.

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All Boarded Up

The next stage of the national foreclosure crisis is how to deal with abandoned neighborhoods and trolling pillagers. Cleveland got there first, and that’s Tony Brancatelli’s problem.

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Mortgage Fraud Case Poses Federal Quandary

A woman who nearly lost her home in a mortgage rescue scheme is stuck with an inflated debt that the F.D.I.C. wants her to pay.

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