Finance :: Real Estate

Tony West, the Justice Department's lead negotiator announced at the Justice Department in Washington that Citigroup will pay $7 billion to settle an investigation into risky subprime mortgages, the type that helped fuel the financial crisis.

Citigroup to Pay $7B in Subprime Mortgages Probe

By Eric Tucker, Mark Sherman | Jul 15
Citigroup has agreed to pay $7 billion to settle a federal investigation into its handling of risky subprime mortgages, admitting to a pattern of deception that Attorney General Eric Holder said "shattered lives."

Missouri Woman Learns Serial Killer Lived in Her Home

Jul 15
Missouri resident Catrina McGhaw asked to be let out of her lease after she learned about her home's unpleasant past. Gayle King reports.

Women's Business Enterprise National Council (WBENC) President and CEO, Pamela Prince-Eason

Women Want Contracts? Work Harder, CEO Says

By Joyce M. Rosenberg | Jul 12
Pamela Prince-Eason isn't letting women business owners off the hook - if they want more contracts with big corporations or the government, they have to work harder to get them than they do now.

Home for sale in the Coconut Grove neighborhood in Miami.

Average Rate on 30-Year Mortgages Dips This Week

By Martin Crutsinger | Jul 8
Average U.S. mortgage rates are near historically low levels. Mortgage company Freddie Mac said Thursday that the nationwide average rate for a 30-year loan dipped to 4.12 percent, down from 4.14 last week.

Author John Cheever’s Suburban NY Home for Sale

Jul 7
The historic suburban New York home of late author John Cheever is on the market for $525,000.

New Gov. Numbers Show Severity of Great Recession

Jun 27
The U.S. government released revised economic numbers that show that between January and March, the country suffered the worst economic slowdown since the Great Recession. The economy has bounced back due to an increase in home and auto sales.

Sting’s London Townhouse

Sting’s London Townhouse for Sale

By EDGE | Jun 19
It might require "Every Breath You Take" to afford Sting’s London townhouse, currently on the market for an undisclosed amount but estimated at upwards of $32 million.

100,000 Homes: Housing the Homeless Saves Money?

Jun 17
Giving apartments to the chronically homeless can save taxpayer dollars, advocates say. Anderson Cooper reports.

Attorney Tim Nelson’s home at the newly built Portland townhouse development in Phoenix.

Many Seek New Homes Near Cities but are Priced Out

By Josh Boak | Jun 14
Americans increasingly say they prefer to live near the centers of cities and towns, where commutes are typically shorter and culture, restaurants and entertainment close by. It marks a shift away from the yearning for open suburban space.

"Scarface" Mansion for Sale

By EDGE | May 29
The palatial trophy home used in "Scarface" is now for sale. You can own your own Roman villa for a cool $35 million.