Altoona Real Estate

Featured Article

• Do New Mortgage Rules Make Borrowers Safer?

  Wednesday Jul 16 | via Realty Trac 

  You could hardly miss the headlines this week: More than 1,000 news outlets covered new rules from the Federal Reserve designed to "protect" America's mortgage borrowers.

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  Related Topix: Home, Foreclosures, Mortgage, Mortgage, Personal Finance

Local Headlines

• Another foreclosure lawsuit against Regency

  Wednesday Jun 25 | via Des Moines Register 

  Top Regency officials recently defaulted on $3.7 million worth of loans, a central Iowa lender has claimed.

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  Related Topix: Home Building, Home, Polk County, IA, Foreclosures, Grimes, IA, Mortgage

• Get advice from experienced house flippers

  Tuesday Jun 24 | via Springfield News Leader 

  House-flipping reality shows make the process of buying a dud, fixing it up and selling it for a mega-profit seem like an easy way to add thousands to your income.

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  Related Topix: Altoona, IA, Des Moines, IA, Des Moines Metro, Ankeny, IA, Real Estate

• Another bank files to foreclose on Regency property

  Jun 13, 2008 | via Des Moines Register 

  A fifth lender has filed foreclosure proceedings against a Regency company and company executives - this time for property at the Woodland Reserve development in Ankeny.

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  Related Topix: Foreclosures, Woodland, CA, Home, Mortgage, Mortgage, Personal Finance

• Bank seeks to foreclose on Michael Landing property

  Jun 12, 2008 | via Des Moines Register 

  A fourth foreclosure lawsuit against a Regency Homes company and its executives demands the forfeiture of 135 land parcels and four homes in a high-end 340-acre development named after the founder of the ...

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  Related Topix: Foreclosures, Polk County, IA, Dallas County, IA, Des Moines, IA

• Bank asks receiver for Regency properties

  Jun 6, 2008 | via Des Moines Register 

  Regions Bank has asked for appointment of a receiver in its foreclosure proceeding against Regency Home companies and its executives, the bank's lawyer said Thursday.

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  Related Topix: Des Moines, IA, Polk County, IA, Foreclosures

Regional Headlines

• Leach proves prophetic about mortgage crisis

  Yesterday | via Des Moines Register 

  From his office at Harvard, Jim Leach walked me through Fannie Mae and Freddie Mac.

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  Related Topix: Iowa, Home, Mortgage, Mortgage, Personal Finance

• East-side residents fight mortgage crisis

  Thursday Jul 17 | via Http 

  Overgrown lawns, broken windows and tell-tale lock boxes are becoming more common sights in east Des Moines, where the number of vacated homes continues to increase as part of the nationwide mortgage crisis.

  Comment?

  Related Topix: Mortgage, Home, Iowa, Foreclosures

• Mortgage lending and housing market changes in Iowa

  Wednesday Jul 16 | via KWWL-TV Waterloo 

  For buyers and sellers, national economic and housing trends still apply in Iowa, just on a smaller scale.

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  Related Topix: Iowa, Mortgage, Personal Finance, Home, Mortgage

• Guest column: Free-market focus of GOP slows response to credit crisis

  Wednesday Jul 16 | via Des Moines Register 

  Iowa native son Herbert Hoover was, by all accounts, a caring and compassionate individual.

  Comment?

  Related Topix: Iowa Government, Iowa, Housing

• For Fannie and Freddie, a Feathered Nest

  Monday Jul 14 | via Air America Radio 

  International Herald Tribune By Julie Creswell As the administration of President George W. Bush scrambles to address the sudden decline of the two largest mortgage finance companies in the United States, some ...

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  Related Topix: Iowa, George Bush, Home, Mortgage, Mortgage, Personal Finance

National Headlines

• Banks sound but economy to take time: Paulson

  8 min ago | via West Linn Tidings 

  The U.S. economy needs months to recover from its slowdown, but the banking system remains sound despite a home mortgage crisis that could cause more problems, Treasury Secretary Henry Paulson said.

  Comment?

  Related Topix: Mortgage, Personal Finance, Home, Mortgage, US News

• Paulson braces public for months of tough times

  3 hrs ago | via The Associated Press 

  Treasury Secretary Henry Paulson sought to reassure an anxious public Sunday that the banking system is sound, while also bracing people for more troubled times ahead.

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  Related Topix: Home, Mortgage, Mortgage, Personal Finance, US Politics, US News, 2008 Presidential Election

• Many Ada County property owners get a break

  11 min ago | via Fort Mill Times 

  More than 1,000 property owners in southwestern Idaho's highly populated Ada County asked for a reduction in assessed property value in an attempt to lower their property taxes.

  Comment?

  Related Topix: Ada County, ID, Real Estate

• Woes of U.S. credit crisis: lack of regulation?

  11 min ago | via The Hindu 

  "Issuers should only launch products which are easy to understand and easy to measure risk" The developments in the U.S. sub-prime markets or housing mortgage markets have brought to the fore several issues ...

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  Related Topix: Burbank, CA, Chicago (University of Illinois System), University of Illinois System, Home, Mortgage, Mortgage, Personal Finance

• One year of the global financial crisis

  12 min ago | via The Hindu 

  It is a little over a year since the U.S. financial crisis became a global issue.

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  Related Topix: Ben Bernanke, Mortgage, Personal Finance, Home, Mortgage