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Archive for October, 2008

Living In | Collingswood, N.J.: Where Walkable Encounters Affordable

Collingswood has become sought after not only because of its walkable downtown and accessible public transportation, but also for an eclectic housing stock and a diverse population. n Read More…

The Primal Loft

The latest generation of those living in lofts calls the lifestyle D.I.Y., but has no objection to a super. n Read More…

UK construction workers want to rock the recession (AP)

AP - Are you feeling low and lonesome, or really subprime? A band of guitar-playing construction workers say they want to rock their way through the recession and put smiles on the faces of British bankers. Read More…

JPMorgan expanding mortgage-modification program (AP)

AP - JPMorgan Chase & Co. on Friday became the latest major bank to beef up its mortgage modification efforts as the government also considers a plan to help homeowners avoid foreclosure. Read More…

Bernanke says GSE debt backing must be maintained (Reuters)

Reuters - Federal Reserve Chairman Ben Bernanke said on Friday that U.S. backing for the debt issued by home mortgage finance firms Fannie Mae and Freddie Mac in their current form must stand firm, even though it is appropriate to debate their future. Read More…

One in five homeowners with mortgages under water (Reuters)

Reuters - Nearly one in five U.S. mortgage borrowers owe more to lenders than their homes are worth, and the rate may soon approach one in four as housing prices fall and the economy weakens, a report on Friday shows. Read More…

Havens | Ashfield, Mass.: At the Edge of the Berkshires, a Lively Hill Town

The allure of Ashfield comes from its combination of intellectual energy, community involvement and rural isolation, residents say. n Read More…

Mortgages: Opening the Tap on Home Equity

Lenders are cutting back on homeowners’ credit lines or freezing them altogether. n Read More…

Reform of US home loan system a must: Bernanke (AFP)

AFP - US Federal Reserve chairman Ben Bernanke said Friday that the creation of a new system of US home-loan financing should be a top priority of financial reform. Read More…

Streetscapes | Sutton Square: A Tiny Enclave’s Changing Persona

If few people have heard of the East River enclave Sutton Place, then even fewer know about its tiny adjunct, Sutton Square, a set of six houses at the foot of East 58th Street. n Read More…