Stony Brook Real Estate

Featured Article

• Top 7 Foreclosure Stories of Past Year

  Jun 19, 2008 | via Realty Trac 

  The euphoria that surrounded six years of escalating home prices, record levels of home sales and rock-bottom interest rates crashed and burned in 2007, forcing many foreclosure investors to ratchet down their ...

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  Related Topix: Financial Services, Housing, Foreclosures, Home, Mortgage

Local Headlines

• Myths and truths about foreclosure

  Friday Jul 11 | via Newsday.com 

  Few real estate terms carry as much negative and emotional baggage as 'foreclosure' - a word that inevitably signals some family's financial distress that has resulted in an eviction or abandonment of their ...

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  Related Topix: Home, Mortgage, Mortgage, Personal Finance, Suffolk County, NY

• FHA Mortgage Focus Fuels Lend America's Rise

  Monday Jun 30 | via Housing Wire 

  The changing landscape in mortgage banking is propelling fast-growth for lenders that specialize in originating mortgages endorsed by the Federal Housing Administration ; Melville, New York-based Lend America ...

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  Related Topix: Melville, NY, Biotech, Amersham, Home, Mortgage, Mortgage, Personal Finance, Suffolk County, NY

• There kitty: June is Adopt-a-Shelter-Cat Month

  Thursday Jun 26 | via AMNY 

  American Humane has christened June Adopt-a-Shelter-Cat Month. But as we all know - cliche alert - any month is the ideal one for giving a home to a stray or unwanted kitty.

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  Related Topix: Foreclosures, Selden, NY, Commack, NY, Entertainment

• Paterson, Senate Near Deal on Foreclosures

  Jun 17, 2008 | via New York Sun 

  Over vehement opposition from the banking and mortgage lending industries, Governor Paterson and legislative leaders are moving closer to an agreement on legislation that will make foreclosing on homes more ...

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

• Hundreds of Long Island Homeowners Seek Foreclosure Relief

  Jun 19, 2008 | via Three Village Times 

  More than 300 Long Island homeowners struggling to avoid foreclosure had their loans reviewed by bank and mortgage servicing company representatives last Saturday, during a forum hosted by Senator Craig M. ...

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  Related Topix: Home, Mortgage, Mortgage, Personal Finance, Suffolk County, NY, Westchester County, NY, Opinion

Regional Headlines

• Fed Report Portrays Grim Economy

  4 hrs ago | via Realtor Magazine 

  The Federal Reserve's Beige Book report for the latest six-week period portrays the economy as increasingly weak across most of the U.S. All 12 districts reported slower home sales, continuing big inventories ...

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  Related Topix: Housing, New York, Mortgage, Home

• National City Rises as Chief Executive Says Bank Has `Sufficient Capital'

  4 hrs ago | via Bloomberg 

  National City Corp. rose as much as 11 percent in New York trading after Chief Executive Officer Peter Raskind said the bank, Ohio's largest, has enough capital to survive the credit-market contraction.

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  Related Topix: New York, Home, Mortgage, Mortgage, Personal Finance, National City Corporation, Banking, Financial Services, IndyMac Bancorp

• Sally Hogarty: 'I Hate Hamlet' a likeable comedy

  Yesterday | via Ledger Dispatch 

  IT MAY BE called "I Hate Hamlet," but there is much to like in the Orinda Starlight Village Players' current production of Paul Rudnick's comedy.

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  Related Topix: New York, Real Estate

• Fannie's unsold homes worth $5B bring peril to investors

  21 hrs ago | via Fulton County Daily Report 

  Fannie Mae, the largest U.S. mortgage finance company, couldn't find a buyer who would pay $6,900 for the three-bedroom house at 1916 Prospect St.

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  Related Topix: Housing, New York, Opinion

• Beige Book Looks Blue

  22 hrs ago | via Huliq.com 

  The Beige Book report , just released by the Federal Reserve, doesn't tell a very happy tale about the U.S. economy.

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  Related Topix: Agriculture, Science, Housing, New York

National Headlines

• Lake Delton property owners to receive $2.3 million for flood-damaged parcels

  4 min ago | via Onalaska Community Life 

  State checks totaling more than $2.3 million were deposited Wednesday with Sauk County authorities to pay for property that either no longer exits or, if it does, is in the Wisconsin River.

  Comment?

  Related Topix: Home, Mortgage, Natural Disasters, Flood, Lake Delton, WI

• Johnson Backs $3.5 Billion Tax Increase According to McHenry

  5 min ago | via Lincoln Tribune 

  Rewards Predatory Lenders with Taxpayer-Funded Bailout HICKORY - Congressman Patrick McHenry responded today to his opponent's support for the taxpayer-funded bailout of subprime mortgage lenders.

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  Related Topix: Hickory Metro, US Politics, US News, Patrick McHenry, Republican, US House of Representatives, Home, Mortgage

• All eyes on Bank Negara meet

  5 min ago | via Business Times 

  WITH inflation at a 26-year high last month, all eyes are on Bank Negara Malaysia's monetary policy committee meeting today to see whether it will raise the Overnight Policy Rate , the benchmark interest rate.

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  Related Topix: Mortgage, Home

• The slump persists: Home sales tumble across US

  7 min ago | via KVEW 

  Sales of existing homes tumbled more sharply than expected in June, pushing activity down to the lowest level in more than a decade.

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  Related Topix: Housing, Real Estate, Foreclosures, Home, Mortgage, Mortgage, Personal Finance

• Post a comment

  8 min ago | via International Herald Tribune 

  A U.S. geological agency unveiled the largest-ever survey of petroleum resources north of the Arctic Circle.

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  Related Topix: Israel, World News, Middle East, Housing