Real Estate News

Romney focuses on Obama, Gingrich on Romney in NV (AP)

Republican presidential candidate, former House Speaker Newt Gingrich speaks at Stoney's Rockin Country, Friday, Feb. 3, 2012, in Las Vegas, Nev.  (AP Photo/Evan Vucci)AP - A confident Mitt Romney accused President Barack Obama of failing to do enough to create jobs as he campaigned Friday ahead of GOP presidential caucuses this weekend in a state with sky-high unemployment and foreclosure rates. Newt Gingrich, who is fighting for a respectable showing here, rolled out a fresh line of criticism by comparing the former Massachusetts governor to Obama.


New York sues banks over electronic mortgage system (Reuters)
Reuters - New York State Attorney General Eric Schneiderman on Friday sued three major U.S. banks, accusing them of fraud for using an electronic mortgage database that resulted in deceptive and illegal practices.

NY's Schneiderman sues banks in foreclosure effort (AP)
AP - New York's attorney general on Friday accused some of the nation's largest banks of deceit and fraud in using an electronic mortgage registry that he said puts homeowners at a disadvantage in foreclosures while saving banks over $2 billion.

Goldman to face mortgage debt class-action lawsuit (Reuters)
Reuters - Goldman Sachs Group Inc was ordered by a federal judge to face a securities class-action lawsuit accusing it of defrauding investors about a 2006 offering of securities backed by risky mortgage loans from a now-defunct lender.

Analysis: Obstacles high for more mortgage prosecutions (Reuters)
Reuters - Despite the determination of President Obama to take Wall Street to court for the financial crisis, prosecutors face an uphill struggle to win more convictions like the two they scored on Wednesday against former Credit Suisse Group AG mortgage traders.

Slideshow: What you can get for ... $400,000

Each week, TODAY real estate expert Barbara Corcoran looks around the U.S. to see what home buyers can get for their money. Each week, TODAY real estate expert Barbara Corcoran looks around the U.S. to see what home buyers can get for their money.




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Where they touch down: Homes of the NFL stars

NFL stars past and present are not exactly hurting when it comes to palatial digs big enough to host the neighbors Super Bowl Sunday. Which one of these guys would you like to score an invite from?NFL stars past and present are not exactly hurting when it comes to palatial digs big enough to host the neighbors Super Bowl Sunday. Which one of these guys would you like to score an invite from?




N.Y. foreclosure lawsuit could slow home seizures
Bankers struggling to deal with faulty foreclosure paperwork just got hit with another major headache. New York State Attorney General Eric Schneiderman, recently tapped by President Obama to head a new task force to investigate mortgage fraud, sued three major U.S.

Trump's golden graves might not be costliest

In this Tuesday, July 20, 2004 file photo, a stone sphinx is shown at the entrance to the Woolworth mausoleum at Woodlawn Cemetery in the Bronx, New York. Burial in a Woodlawn mausoleum can cost more than $1 million.They say you can't take it with you when you die, but that's not necessarily true for the wealthiest Americans — like Donald Trump.




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