The mortgage meltdown has ravaged the finances of a crucial government agency tasked with propping up the housing industry.

Read the original here:
Cash cushion shrivels – U.S. housing agency

You can’t take it with you, not to prison, so the long list of material possessions amassed by Bernie Madoff during his years of ill-gotten gains will soon be sold off.

See original here:
Madoff’s goodies: Going, going, gone

Read more:
Sponsored By:

The Federal Housing Administration says its financial cushion has dipped to a dangerously low level but should remain above zero under “most economic scenarios.” Federal Housing Administration – Business – Real estate – Housing – Residential

See the original post:
Housing agency’s financial cushion sinks

Could the foreclosure plague be ending?

Read more here:
Foreclosures: ‘Tide may be turning’

The number of homeowners on the brink of losing their homes dipped in October, the third straight monthly decline, as foreclosure prevention programs helped more borrowers. Foreclosure – Recreation – Real estate – United States – Business

See the original post here:
Foreclosure filings dip for third straight month

Charlotte Street was an apocalyptic nightmare version of urban life.

Follow this link:
The greatest real estate turnaround ever

The Volkswagen Group of America has closed on its acquisition of the Potamkin General Motors building and car dealership, located at 798-804 11th Avenue in Manhattan, for $84 million, according to CB Richard Ellis. According to CoStar Property, the…

See the original post:
$84M Gets Volkswagen the Potamkin General Motors Building in Manhattan