Actor Nick Nolte's Malibu compound is for sale. Previous owners include comedian Tommy Chong, Don Felder of the Eagles and music producer David Foster.Actor Nick Nolte has put a Malibu compound up for sale that has seen a galaxy of stars come through its arched entryway. [...]

Because of this glitch, borrowers who might be able to qualify for a new mortgage two or three years after a short sale find themselves shut out of the market.WASHINGTON — Are large numbers of homeowners who have negotiated short sales with lenders at risk because of a startling omission [...]

Question: When our association's board approves a payment plan for owners who fall behind on their association dues, a law firm representative called an "assessment department assistant" writes that the firm is "pleased to inform you that the Board of Directors has approved your payment offer." It says to [...]

The two-bedroom, three-bathroom home on the Strand features beach and ocean views, curved walls of glass, a spiral staircase, media room and billiard room.The minimalist, loft-style Glass House was designed to make the most of its ocean and sandy beach views. An 11-foot-tall folding door system allows indoor-outdoor living, while [...]

Economists usually do it with models, so it's rare in economics to be able to conduct a laboratory experiment. Currently, though, we're watching two experiments in different corners of the world that support the idea that stimulus works to repair a troubled economy and austerity doesn't. Japan and the Eurozone [...]

On Friday, the Consumer Financial Protection Bureau ordered a Texas builder to compensate the government to settle kickback allegations. [...]

This week Ginnie Mae proposed a change to its general buyout policy. A key component would be to allow partial payments to advance rather than reset the borrower’s delinquency status, RBS said. read more [...]

The Texas House of Representatives approved legislation that would reverse mortgage lending in Texas. Before it can become a law, the legislation will go to voters in Texas on November 5th for approval. read more [...]

Collateral Risk Solutions, Inc. (CRS) has launched a new Appraisal Audit Service (AAS) to help lenders and AMCs adapt to new regulations that require them to perform post-closing appraisal audits. [...]

With settlements on representation and warranty violations in nonagency RMBS beginning to pick up momentum, investors are becoming more comfortable with pricing the potential recovery cash flow from a settlement or loan repurchase. read more [...]