WASHINGTON - The Bush administration, acting to avert the potential for major financial turmoil, announced Sunday that the federal government was taking control of mortgage giants Fannie Mae and Freddie Mac. more…
A city’s skyline is its ID photo. Think the Transamerica Pyramid and the Golden Gate
The family that is planning to develop retail and office space around Goodyear’s ballpark filed for Chapter 11 bankruptcy protection last week in an effort to sever its relationship with a partnering company. more…
Housing-industry representatives are seeking a federal pardon for seller-funded down-payment assistance in the days leading up to its scheduled execution. more…
Ever since it was learned that
Silver State Bank, which has four branches scattered across the Valley and ties to a son of presidential nominee John McCain, was shut down by regulators late Friday after struggling with losses due to real-estate loans gone bad in Nevada and
WASHINGTON - The government has formulated a plan to put troubled mortgage giants Fannie Mae and Freddie Mac under federal control, prop them up financially and dismiss their top executives, federal officials told the two companies Friday, according to three sources familiar with the conversations. more…
CityNorth is beginning to take on its final appearance, with only final touches and finishing interior spaces to complete in the final two months before the project’s first phase opens. more…
When the W Scottsdale Hotel & Residences opens today, it will bring to
It’s a small, 1951 fixer-upper, but don’t expect to get a discount on the David Wright house in
A U.S. Bankruptcy Court judge plans to approve Mortgages Ltd.’s request to funnel $2.8 million to the developer of
In a robust housing market, Robert and Shirley Lachance would not have considered applying for a reverse mortgage. more…