Jacksonville Real Estate Market

Jacksonville, Florida

Home Builder Confidence Surges Amid Big Headwinds

Home builders are more confident about their market today than they have been in over four years.

Mortgage Settlement Saves FHA From Bailout

If you look deep inside the 2013 federal budget released today, it looks as if the Federal Housing Administration (FHA) is asking for a cash bailout for the first time its 78-year history.

Private Homebuilders: Dead Men Walking

2011 was the worst year on record for the nation’s builders, in sales and starts, but demand is slowly returning, and the concern is that when demand really surges in the coming years, there will be too little supply to meet it.

Robo-Deal Is All About Lowering Mortgage Principal

It took more than a year to strike a deal, but here it is, the biggest government-industry settlement in history, surpassing even big tobacco.

As Mortgage Refinancings Surge, Banks Struggle

Barely two weeks into a new government program that allows severely underwater borrowers with loans backed by Fannie Mae and Freddie Mac to refinance their loans to lower rates, the numbers are surging.

Forty States Sign On to Foreclosure ‘Robo’ Settlement

Attorneys general from more than 40 states have signed on to a proposed settlement agreement with five of the nation’s largest mortgage servicers over so-called “robo-signing” foreclosure processing abuses, according to the lead negotiator, Iowa At…

Running Robo-Settlement Numbers

A potential $25 billion settlement between the nation’s four largest banks and the 50 state attorneys general over faulty foreclosure processing is imminent.

Own Vs. Rent Riles Government Housing Policy

While homeownership may be a tenet of the “American Dream,” renting is today’s actuality for a growing number of Americans.

Obama’s Mortgage Refi Plan To Go Through FHA

It will go through the government mortgage insurer, the Federal Housing Administration and could cost between 5 and 10 billion dollars, according to senior administration officials.

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