Real Estate News from CashAdvance.com

Foreclosed Home

Bank of America, Countrywide, and Merrill Lynch Sued by A.I.G for $10 Billion

A.I.G. has sued Bank of America for $10 billion over what A.I.G. claims to be misrepresentation of mortgage securities investments.

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Mother Loading Groceries

More Supermarkets in Low-Income Neighborhoods Doesn’t Curb Obesity

A study has found that easy access to grocery stores does not necessarily translate into healthier eating habits, specifically in low-income neighborhoods.

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How Prepared Is Your Home for a Natural Disaster?

How Prepared Is Your Home for a Natural Disaster?

Since no one can predict exactly when and where a natural disaster will hit, being as prepared as possible is the smartest step to take.

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West Los Angeles

In the Struggle to Balance the Budget, Federal Lands Could Be Sold

The recession has forced politicians to find new ways to balance the budget. The White House has proposed selling federal land as a way of raising funds.

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Trial in a Courtroom

Head of Mortgage Company Sentenced to 30 Years for $3 Billion in Fraud

A court sentenced Lee Farkas to 30 years in prison for his role in what prosecutors dubbed one of the “largest bank fraud schemes in this country’s history.”

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Couple Applying for Mortgage

Getting a Mortgage With Mediocre Credit

As the housing market slowly rebounds from the bubble bursting, potential homeowners worry that they will be unable to qualify for a mortgage.

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Elderly Couple With Bills and Laptop

Wells Fargo and Bank of America Leave the Reverse Mortgage Business

While the move may affect as many as 1,000 employees, Wells Fargo has said it will try to transfer them rather than issue layoffs.

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beautiful penthouse

Troubles With ‘Green’ Home Appraisal

Homeowners have a difficult time getting the value of “green” features, like energy-efficient appliances and alternative power, appraised.

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