Fletcher Team

Accounting rules said to encourage second-lien holders to hold on to the loans even though they have little value.

There are definite dos and don'ts to avoid inflaming a tense relationship.

Since loans are typically non-recourse, borrowers have little inventive to stay as conditions deteriorate.

A bill under consideration to provide stable funding is good start, association says.

After 50 straight months of foreclosure increases, another increase is seen but it's not too big.

RealtyTrac Inc. said Thursday that the number of U.S. households facing foreclosure in February grew 6 percent from the year-ago level, the smallest annual increase in four years.

Mortgage rates held below the 5 percent threshold for the second straight week, a report said Thursday, weeks before a government program that has been keeping rates low is scheduled to expire.

Jobs in Washington D.C. are growing quickly, and in 2008 the city produced more in goods and services than almost anywhere in the country.

Washington DC - Weather - Recession - United States - Washington

The number of buyers who agreed to purchase a home fell sharply in January, a sign that demand for housing is sinking this winter as stormy weather slammed Eastern states.


Business - Construction and Maintenance - Residential Housing - Real estate - Thomson Reuters

Professional success often requires some degree of sacrifice. Surprisingly, one of those sacrifices might include moving to the outskirts of some big cities.

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