Copyright (c) 2009 Yahoo! Inc. All rights reserved. http://news.yahoo.com/i/2121 business Business - Real Estate en-us Sat, 07 Nov 2009 00:35:17 GMT 5 142 18 http://news.yahoo.com/i/2121 http://l.yimg.com/a/i/us/nws/th/main_142b.gif http://us.rd.yahoo.com/dailynews/rss/realestate/*http://news.yahoo.com/s/ap/20091107/ap_on_bi_ge/us_earns_freddie_mac ap/20091107/us_earns_freddie_mac AP business Sat, 07 Nov 2009 00:35:17 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/realestate/*http://news.yahoo.com/s/ap/20091107/ap_on_bi_ge/us_earns_freddie_mac"><img src="http://d.yimg.com/a/p/ap/20091107/capt.29eaf458e3f4437bb76aa007f49eb585.earns_freddie_mac__wx101.jpg?x=130&y=78&q=85&sig=.77z4px1OMkHMsKVfoZ_wA--" align="left" height="78" width="130" alt="FILE - In this July 13, 2008 file photo, the Freddie Mac's corporate offices are seen in McLean, Va. Freddie Mac says its losses narrowed to $6.3 billion in the third quarter and the company didn't need a federal cash infusion. (AP Photo/Pablo Martinez Monsivais, FILE)" border="0" /></a>AP - Freddie Mac's losses narrowed to $6.3 billion in the third quarter, but the government-controlled mortgage finance company didn't need a federal cash infusion.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/realestate/*http://news.yahoo.com/s/ap/20091107/ap_on_bi_ge/us_earns_freddie_mac"><img src="http://d.yimg.com/a/p/ap/20091107/capt.29eaf458e3f4437bb76aa007f49eb585.earns_freddie_mac__wx101.jpg?x=130&y=78&q=85&sig=.77z4px1OMkHMsKVfoZ_wA--" align="left" height="78" width="130" alt="photo" title="FILE - In this July 13, 2008 file photo, the Freddie Mac's corporate offices are seen in McLean, Va. Freddie Mac says its losses narrowed to $6.3 billion in the third quarter and the company didn't need a federal cash infusion. (AP Photo/Pablo Martinez Monsivais, FILE)" border="0"/></a></p><br clear="all"/> (AP) http://us.rd.yahoo.com/dailynews/rss/realestate/*http://news.yahoo.com/s/nm/us_freddiemac_results nm/20091107/us_freddiemac_results Reuters business Sat, 07 Nov 2009 00:00:47 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/realestate/*http://news.yahoo.com/s/nm/us_freddiemac_results"><img src="http://d.yimg.com/a/p/rids/20091106/i/r447035111.jpg?x=130&y=91&q=85&sig=DjkxIUKKVd_w3q6L3ZPKfg--" align="left" height="91" width="130" alt="A couple listens as a representative from Freddie Mac talks to them about a loan modification for their home at the National Urban League's Economic Empowerment Tour in Dallas, Texas June 13, 2009. REUTERS/Jessica Rinaldi" border="0" /></a>Reuters - Freddie Mac , the second largest provider of U.S. residential mortgage funding, on Friday posted a loss of $5 billion in the third quarter and predicted it would need more government support amid a "prolonged deterioration" in housing.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/realestate/*http://news.yahoo.com/s/nm/us_freddiemac_results"><img src="http://d.yimg.com/a/p/rids/20091106/i/r447035111.jpg?x=130&y=91&q=85&sig=DjkxIUKKVd_w3q6L3ZPKfg--" align="left" height="91" width="130" alt="photo" title="A couple listens as a representative from Freddie Mac talks to them about a loan modification for their home at the National Urban League's Economic Empowerment Tour in Dallas, Texas June 13, 2009. REUTERS/Jessica Rinaldi" border="0"/></a></p><br clear="all"/> (Reuters) http://us.rd.yahoo.com/dailynews/rss/realestate/*http://news.yahoo.com/s/ap/us_jobless_benefits_homebuyers ap/20091106/us_jobless_benefits_homebuyers AP business Fri, 06 Nov 2009 23:56:36 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/realestate/*http://news.yahoo.com/s/ap/us_jobless_benefits_homebuyers"><img src="http://d.yimg.com/a/p/ap/20091106/capt.bc84f7a341a54082a1a68b01c37abc9a.obama_dcsw107.jpg?x=88&y=130&q=85&sig=91PhN9Pg32X42rIps7Nm7w--" align="left" height="130" width="88" alt="White House Press Secretary Robert Gibbs speaks during the daily briefing at the White House in Washington, Friday, Nov. 6, 2009. (AP Photo/Susan Walsh)" border="0" /></a>AP - President Barack Obama signed a $24 billion economic stimulus bill into law Friday, giving tax incentives to prospective homebuyers and additional jobless benefits to those idled by the business slump.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/realestate/*http://news.yahoo.com/s/ap/us_jobless_benefits_homebuyers"><img src="http://d.yimg.com/a/p/ap/20091106/capt.bc84f7a341a54082a1a68b01c37abc9a.obama_dcsw107.jpg?x=88&y=130&q=85&sig=91PhN9Pg32X42rIps7Nm7w--" align="left" height="130" width="88" alt="photo" title="White House Press Secretary Robert Gibbs speaks during the daily briefing at the White House in Washington, Friday, Nov. 6, 2009. (AP Photo/Susan Walsh)" border="0"/></a></p><br clear="all"/> (AP) http://us.rd.yahoo.com/dailynews/rss/realestate/*http://news.yahoo.com/s/nm/us_bearstearns_managers nm/20091106/us_bearstearns_managers Reuters business Fri, 06 Nov 2009 23:50:48 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/realestate/*http://news.yahoo.com/s/nm/us_bearstearns_managers"><img src="http://d.yimg.com/a/p/rids/20091106/i/r3551976840.jpg?x=130&y=89&q=85&sig=EaqGcXALBKqkbDC9_LZM_w--" align="left" height="89" width="130" alt="Former Bear Stearns hedge-fund manager Ralph Cioffi (L) arrives with staff at court in Brooklyn in New York, November 5, 2009. REUTERS/Natalie Behring" border="0" /></a>Reuters - The trial of two former Bear Stearns hedge fund managers on fraud charges ended on Friday with sharp arguments over the meaning of the word "toast" in one defendant's email about the subprime mortgage market.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/realestate/*http://news.yahoo.com/s/nm/us_bearstearns_managers"><img src="http://d.yimg.com/a/p/rids/20091106/i/r3551976840.jpg?x=130&y=89&q=85&sig=EaqGcXALBKqkbDC9_LZM_w--" align="left" height="89" width="130" alt="photo" title="Former Bear Stearns hedge-fund manager Ralph Cioffi (L) arrives with staff at court in Brooklyn in New York, November 5, 2009. REUTERS/Natalie Behring" border="0"/></a></p><br clear="all"/> (Reuters) http://us.rd.yahoo.com/dailynews/rss/realestate/*http://news.yahoo.com/s/ap/20091106/ap_on_bi_ge/us_earns_roundup_freddie_mac ap/20091106/us_earns_roundup_freddie_mac AP business Fri, 06 Nov 2009 23:01:52 GMT AP - Among the earnings stories for Friday, Nov. 6, from AP Financial News: http://us.rd.yahoo.com/dailynews/rss/realestate/*http://news.yahoo.com/s/ap/us_bear_stearns_trial ap/20091106/us_bear_stearns_trial AP business Fri, 06 Nov 2009 22:48:50 GMT AP - Two former Bear Stearns hedge fund managers charged with lying to investors always were honest about the risks of investing in securities linked to the volatile subprime mortgage market, a defense lawyer told a jury on Friday. http://us.rd.yahoo.com/dailynews/rss/realestate/*http://news.yahoo.com/s/bloomberg/20091106/pl_bloomberg/ahf3qbloixvs bloomberg/20091106/ahf3qbloixvs Bloomberg business Fri, 06 Nov 2009 05:01:00 GMT Bloomberg - Nov. 6 (Bloomberg) -- President Barack Obama is set to sign into law a bill that extends $8,000 tax credits for first- time homebuyers and unemployment benefits. http://us.rd.yahoo.com/dailynews/rss/realestate/*http://news.yahoo.com/s/ap/20091106/ap_on_go_co/us_homebuyers_tax_credit ap/20091106/us_homebuyers_tax_credit AP business Fri, 06 Nov 2009 01:43:47 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/realestate/*http://news.yahoo.com/s/ap/20091106/ap_on_go_co/us_homebuyers_tax_credit"><img src="http://d.yimg.com/a/p/rids/20091019/i/r4278747756.jpg?x=130&y=86&q=85&sig=k4mt1B7FqS4z.JZtpwd0ZQ--" align="left" height="86" width="130" alt="Real estate signs are seen in the front yards of houses in this file photo taken in Maricopa, Arizona in this May 27, 2009 file photo. The Obama administration on Monday launched a new program to aid state and local housing finance agencies in an effort to provide hundreds of thousands of affordable mortgages and develop or rehabilitate tens of thousands of rental properties. REUTERS/Joshua Lott/Files" border="0" /></a>AP - Missed out on Cash for Clunkers? Congress has another deal for you: Buy a home before May 1 and collect up to $6,500 from the government. If you're a first-time homebuyer, get up to $8,000.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/realestate/*http://news.yahoo.com/s/ap/20091106/ap_on_go_co/us_homebuyers_tax_credit"><img src="http://d.yimg.com/a/p/rids/20091019/i/r4278747756.jpg?x=130&y=86&q=85&sig=k4mt1B7FqS4z.JZtpwd0ZQ--" align="left" height="86" width="130" alt="photo" title="Real estate signs are seen in the front yards of houses in this file photo taken in Maricopa, Arizona in this May 27, 2009 file photo. The Obama administration on Monday launched a new program to aid state and local housing finance agencies in an effort to provide hundreds of thousands of affordable mortgages and develop or rehabilitate tens of thousands of rental properties. REUTERS/Joshua Lott/Files" border="0"/></a></p><br clear="all"/> (AP) http://us.rd.yahoo.com/dailynews/rss/realestate/*http://news.yahoo.com/s/ap/us_earns_fannie_mae ap/20091106/us_earns_fannie_mae AP business Fri, 06 Nov 2009 00:33:26 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/realestate/*http://news.yahoo.com/s/ap/us_earns_fannie_mae"><img src="http://d.yimg.com/a/p/ap/20091106/capt.2c785b4714884ac98b5415cb9a3433e6.us_earns_fannie_mae_nybz201.jpg?x=130&y=78&q=85&sig=X9zxabzxouYwjnKff2.8qw--" align="left" height="78" width="130" alt="FILE- In this July 11, 2008 file photo, a sign in front of the Fannie Mae headquarters in Washington is seen. Seized by federal regulators 14 months ago, the problems at Fannie Mae and sibling company Freddie Mac have proven far worse than most experts had foreseen. Fannie Mae's request Thursday, Nov. 5, 2009, will bring the tab for rescuing both companies to about $111 billion. The government has promised up to $400 billion in assistance. (AP Photo/Manuel Balce Ceneta, File)" border="0" /></a>AP - Fannie Mae is asking for an additional $15 billion in government aid after posting another big loss in the third quarter as the taxpayer bill from the housing market bust keeps rising.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/realestate/*http://news.yahoo.com/s/ap/us_earns_fannie_mae"><img src="http://d.yimg.com/a/p/ap/20091106/capt.2c785b4714884ac98b5415cb9a3433e6.us_earns_fannie_mae_nybz201.jpg?x=130&y=78&q=85&sig=X9zxabzxouYwjnKff2.8qw--" align="left" height="78" width="130" alt="photo" title="FILE- In this July 11, 2008 file photo, a sign in front of the Fannie Mae headquarters in Washington is seen. Seized by federal regulators 14 months ago, the problems at Fannie Mae and sibling company Freddie Mac have proven far worse than most experts had foreseen. Fannie Mae's request Thursday, Nov. 5, 2009, will bring the tab for rescuing both companies to about $111 billion. The government has promised up to $400 billion in assistance. (AP Photo/Manuel Balce Ceneta, File)" border="0"/></a></p><br clear="all"/> (AP) http://us.rd.yahoo.com/dailynews/rss/realestate/*http://news.yahoo.com/s/afp/20091105/ts_alt_afp/uspropertyfinancepublicaidcompanyearningsfanniemae afp/20091105/uspropertyfinancepublicaidcompanyearningsfanniemae AFP business Thu, 05 Nov 2009 23:53:16 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/realestate/*http://news.yahoo.com/s/afp/20091105/ts_alt_afp/uspropertyfinancepublicaidcompanyearningsfanniemae"><img src="http://d.yimg.com/a/p/afp/20091105/capt.photo_1257465071656-1-0.jpg?x=98&y=130&q=85&sig=prhgByI2zy7YEMREObOMPw--" align="left" height="130" width="98" alt="The Fannie Mae headquarters in Washington, DC, 2008. US state-controlled mortgage lender Fannie Mae posted Thursday another multibillion-dollar quarterly loss and said it needed an additional 15 billion dollars in taxpayer funds.(AFP/File/Karen Bleier)" border="0" /></a>AFP - US state-controlled mortgage lender Fannie Mae posted Thursday another multibillion-dollar quarterly loss and said it needed an additional 15 billion dollars in taxpayer funds.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/realestate/*http://news.yahoo.com/s/afp/20091105/ts_alt_afp/uspropertyfinancepublicaidcompanyearningsfanniemae"><img src="http://d.yimg.com/a/p/afp/20091105/capt.photo_1257465071656-1-0.jpg?x=98&y=130&q=85&sig=prhgByI2zy7YEMREObOMPw--" align="left" height="130" width="98" alt="photo" title="The Fannie Mae headquarters in Washington, DC, 2008. US state-controlled mortgage lender Fannie Mae posted Thursday another multibillion-dollar quarterly loss and said it needed an additional 15 billion dollars in taxpayer funds.(AFP/File/Karen Bleier)" border="0"/></a></p><br clear="all"/> (AFP) http://us.rd.yahoo.com/dailynews/rss/realestate/*http://news.yahoo.com/s/bloomberg/20091105/pl_bloomberg/an1ld3iipgsi bloomberg/20091105/an1ld3iipgsi Bloomberg business Thu, 05 Nov 2009 23:42:39 GMT Bloomberg - Nov. 5 (Bloomberg) -- Congress gave final approval to legislation expanding an $8,000 tax credit for first-time homebuyers, extending unemployment benefits and providing tax refunds to money-losing companies. http://us.rd.yahoo.com/dailynews/rss/realestate/*http://news.yahoo.com/s/nm/20091105/bs_nm/us_fanniemae_results nm/20091105/us_fanniemae_results Reuters business Thu, 05 Nov 2009 23:32:31 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/realestate/*http://news.yahoo.com/s/nm/20091105/bs_nm/us_fanniemae_results"><img src="http://d.yimg.com/a/p/rids/20091105/i/r1030063384.jpg?x=130&y=87&q=85&sig=VcSO1ZckzyEwRIjOWuZJ9A--" align="left" height="87" width="130" alt="A woman takes a brochure detailing how homeowners can make their mortgage payments more affordable at the Fannie Mae booth set up at the Housing Rescue Fair, part of the National Urban League's Economic Empowerment Tour, in Dallas, Texas June 13, 2009. REUTERS/Jessica Rinaldi" border="0" /></a>Reuters - Fannie Mae, the largest provider of funding for U.S. home loans, said on Thursday bad mortgages and a federal foreclosure prevention program left it with a $18.9 billion loss, forcing it to tap the Treasury again to plug a hole in its net worth.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/realestate/*http://news.yahoo.com/s/nm/20091105/bs_nm/us_fanniemae_results"><img src="http://d.yimg.com/a/p/rids/20091105/i/r1030063384.jpg?x=130&y=87&q=85&sig=VcSO1ZckzyEwRIjOWuZJ9A--" align="left" height="87" width="130" alt="photo" title="A woman takes a brochure detailing how homeowners can make their mortgage payments more affordable at the Fannie Mae booth set up at the Housing Rescue Fair, part of the National Urban League's Economic Empowerment Tour, in Dallas, Texas June 13, 2009. REUTERS/Jessica Rinaldi" border="0"/></a></p><br clear="all"/> (Reuters) http://us.rd.yahoo.com/dailynews/rss/realestate/*http://news.yahoo.com/s/ap/20091105/ap_on_bi_ge/us_foreclosures_rentals ap/20091105/us_foreclosures_rentals AP business Thu, 05 Nov 2009 23:25:04 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/realestate/*http://news.yahoo.com/s/ap/20091105/ap_on_bi_ge/us_foreclosures_rentals"><img src="http://d.yimg.com/a/p/ap/20091106/capt.2c785b4714884ac98b5415cb9a3433e6.us_earns_fannie_mae_nybz201.jpg?x=130&y=78&q=85&sig=X9zxabzxouYwjnKff2.8qw--" align="left" height="78" width="130" alt="FILE- In this July 11, 2008 file photo, a sign in front of the Fannie Mae headquarters in Washington is seen. Seized by federal regulators 14 months ago, the problems at Fannie Mae and sibling company Freddie Mac have proven far worse than most experts had foreseen. Fannie Mae's request Thursday, Nov. 5, 2009, will bring the tab for rescuing both companies to about $111 billion. The government has promised up to $400 billion in assistance. (AP Photo/Manuel Balce Ceneta, File)" border="0" /></a>AP - Can't pay the mortgage? You still might be able to stay in your home. Government-controlled mortgage company Fannie Mae is going to give borrowers on the verge of foreclosure the option of renting their homes for a year.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/realestate/*http://news.yahoo.com/s/ap/20091105/ap_on_bi_ge/us_foreclosures_rentals"><img src="http://d.yimg.com/a/p/ap/20091106/capt.2c785b4714884ac98b5415cb9a3433e6.us_earns_fannie_mae_nybz201.jpg?x=130&y=78&q=85&sig=X9zxabzxouYwjnKff2.8qw--" align="left" height="78" width="130" alt="photo" title="FILE- In this July 11, 2008 file photo, a sign in front of the Fannie Mae headquarters in Washington is seen. Seized by federal regulators 14 months ago, the problems at Fannie Mae and sibling company Freddie Mac have proven far worse than most experts had foreseen. Fannie Mae's request Thursday, Nov. 5, 2009, will bring the tab for rescuing both companies to about $111 billion. The government has promised up to $400 billion in assistance. (AP Photo/Manuel Balce Ceneta, File)" border="0"/></a></p><br clear="all"/> (AP) http://us.rd.yahoo.com/dailynews/rss/realestate/*http://news.yahoo.com/s/ibd/20091105/bs_ibd_ibd/20091105realestate ibd/20091105/20091105realestate Investor's Business Daily business Thu, 05 Nov 2009 22:46:10 GMT Investor's Business Daily - A five-floor downtown Chicago shopping center, 280,000 square feet in all, is almost fully built -- and fighting foreclosure. http://us.rd.yahoo.com/dailynews/rss/realestate/*http://news.yahoo.com/s/ap/20091105/ap_on_bi_ge/us_earns_roundup_fannie_mae ap/20091105/us_earns_roundup_fannie_mae AP business Thu, 05 Nov 2009 22:33:13 GMT AP - Among the earnings stories for Thursday, Nov. 5, from AP Financial News: http://us.rd.yahoo.com/dailynews/rss/realestate/*http://news.yahoo.com/s/afp/20091105/pl_afp/uspoliticsunemployment afp/20091105/uspoliticsunemployment AFP business Thu, 05 Nov 2009 20:50:25 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/realestate/*http://news.yahoo.com/s/afp/20091105/pl_afp/uspoliticsunemployment"><img src="http://d.yimg.com/a/p/afp/20091105/capt.photo_1257454140506-1-0.jpg?x=130&y=86&q=85&sig=dfysSE3sl.lzEgdWdJz42w--" align="left" height="86" width="130" alt="Job seekers speak with recruiters at a job fair in Oak Brook, Illinois in October 2009. With jobless numbers sky-high and year-end holidays close at hand, the US Congress passed legislation Wednesday to extend unemployment benefits and expand a vastly popular tax credit for homebuyers.(AFP/Getty Images/File/Scott Olson)" border="0" /></a>AFP - With jobless numbers sky-high and year-end holidays close at hand, the US Congress passed legislation to extend unemployment benefits and expand a vastly popular tax credit for homebuyers.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/realestate/*http://news.yahoo.com/s/afp/20091105/pl_afp/uspoliticsunemployment"><img src="http://d.yimg.com/a/p/afp/20091105/capt.photo_1257454140506-1-0.jpg?x=130&y=86&q=85&sig=dfysSE3sl.lzEgdWdJz42w--" align="left" height="86" width="130" alt="photo" title="Job seekers speak with recruiters at a job fair in Oak Brook, Illinois in October 2009. With jobless numbers sky-high and year-end holidays close at hand, the US Congress passed legislation Wednesday to extend unemployment benefits and expand a vastly popular tax credit for homebuyers.(AFP/Getty Images/File/Scott Olson)" border="0"/></a></p><br clear="all"/> (AFP) http://us.rd.yahoo.com/dailynews/rss/realestate/*http://news.yahoo.com/s/ap/20091105/ap_on_bi_ge/us_obama_jobless_benefits_homebuyers ap/20091105/us_obama_jobless_benefits_homebuyers AP business Thu, 05 Nov 2009 19:56:43 GMT AP - The White House says President Barack Obama on Friday morning will sign a bill that expands a popular homebuyers tax credit and extends unemployment benefits. http://us.rd.yahoo.com/dailynews/rss/realestate/*http://news.yahoo.com/s/nm/20091105/ts_nm/us_usa_economy_congress nm/20091105/us_usa_economy_congress Reuters business Thu, 05 Nov 2009 19:52:28 GMT Reuters - The U.S. Congress approved more aid for jobless workers and broadened tax breaks for homebuyers and businesses on Thursday and sent the measure to President Barack Obama to sign into law. http://us.rd.yahoo.com/dailynews/rss/realestate/*http://news.yahoo.com/s/ap/20091105/ap_on_bi_ge/us_mortgage_rates ap/20091105/us_mortgage_rates AP business Thu, 05 Nov 2009 19:40:24 GMT AP - Rates for 30-year home loans dipped below 5 percent this week after rising for three straight weeks. http://us.rd.yahoo.com/dailynews/rss/realestate/*http://news.yahoo.com/s/ap/20091105/ap_on_bi_ge/us_apnewsalert ap/20091105/us_apnewsalert AP business Thu, 05 Nov 2009 19:21:53 GMT AP - Bill to extend unemployment benefits and expand tax credit for homebuyers goes to president.