Bank of America announced it will be offering mortgage principal reduction to 200,000 underwater homeowners with loans owned or serviced by B of A this summer, according to CNBC.
With more than $3.9 billion in total residential revenue and 15,275 closings in 2011, PulteGroup tops Professional Builder’s annual Housing Giants ranking of the nation’s largest home-building companies. See which firms made the list.
Realty Times reports that fixed mortgage rates hit all-time lows across the board this week, as indicated by Freddie Mac’s Primary Mortgage Market Survey.
Former HUD secretary Henry Cisneros takes on the growing issue of aging in place in Independent for Life: Homes and Neighborhoods for an Aging America (University of Texas Press), which he co-authored and edited. The book was officially released on Thurs