Donald Trump Luxury Condo Triggers Florida Beach War

Homeowners in Hollywood Beach, Florida are at war over Trump Hollywood -- a luxury condo -- because the proud owners of the condo are claiming dibs on the area of the public beach in front of their building.

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Foreclosure Influx Causes Backlog In Some States : NPR

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Repossessing Mansions In Florida Takes Longer | TheLedger.com

Even when they face foreclosure, the well-to-do fare better than those who own less expensive houses: They get more than eight extra months of free living as their cases slog through the courts.

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Bonds Backed by Mortgages Regain Allure

Some Wall Street investors made money as the mortgage market boomed; others profited when it fell apart. Having reaped big gains during both of those turns, Greg Lippmann, a former star trader at Deutsche Bank, is now catching the next upswing: buying the same securities built …

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Florida Foreclosures Climb 14% as Lenders Resume Home Seizures

Foreclosure filings rose for the first time in more than a year in Florida, Indiana, Pennsylvania and Illinois as lenders resumed property seizures after a probe of documentation, according to RealtyTrac Inc. In Florida, one of the hardest-hit states in the housing crash, not …

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Foreclosure deal close in several key states

California and New York, the key holdouts in a long-awaited settlement over foreclosure abuses, moved closer Monday to backing a foreclosure deal that would force the five largest mortgage lenders to reduce loans for about 1 million households. More than 40 U.S.

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Florida waterfront condos literally create their own weather

How would you like to live in a place that not only has a stunning view of the Gulf of Mexico, but creates its own weather? Check out this photo of individual fog wisps climbing over a line of tall waterfront condos, taken Sunday afternoon by JR Hott of Panhandle Helicopter …

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Ally Financial Posts $250 Million Loss On Foreclosure Charge

Ally Financial Inc., the U.S. government-owned auto lender, swung to a $250 million net loss in the fourth quarter after taking a charge for regulatory penalties stemming from foreclosure matters. The Detroit-based lender, which provides financing for General Motors Co.

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Home repair: Which jobs come first?

Lean times call for budgetary triage.

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Robo-signing backlog slows foreclosures

Foreclosure activity last year hit its lowest since the recession began in 2007 — but that’s not a good sign for the beleaguered housing market.

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Measuring toxic drywall's harm to Florida homeowners

Florida homes damaged by Chinese drywall were marked down by $91 million in value by property appraisers last year, according to state records. The decline was decidedly less, however, than the $493 million in property value exempted from Florida property taxes in 2010 under a …

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Retiree havens go on sale

Even if you're a decade or more away from quitting time, you may be thinking about buying a retirement home right now. The prices for condos in popular retirement areas like Napa, Calif., and Naples, Fla., have come down 44% or more since the boom, substantially more than the …

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Man Sells Sister's Home As She Was Cloistered in Nunnery

Sibling rivalry is one thing, but swindling this sort of sister crosses the line.

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Sector Snap: Homebuilders' shares rise

Homebuilder stocks were mostly trading higher on Monday afternoon after a Barclays Capital analyst said he sees the elements for a U.S.

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Gen X Takes The Housing Hit; Boomers Only Grazed

At this time five years ago, the white-hot U.S. housing market was starting to cool. Before long, it would slip into a deep freeze. The thaw still hasn't come.

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Vacant House Yields Late Owner's Stash of Cash

A plumber in Florida who found $20,000 in a vacant home and turned the money over to police is being credited for his honesty.

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Giant Lego Man washes ashore in Florida

Boing Boing reader Jeff Hindman says he chanced across a "giant Legoman washed ashore" today while strolling on the beach at Siesta Key Village, Fla. "It is very big, about 8 ft. tall," Hindman said. " ...

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