Bank of America to reduce mortgage principal for some borrowers
The $3-billion program involves certain adjustable-rate loans issued by Countrywide Financial, the loss-plagued lender that BofA acquired in 2008. Amid increasing government pressure to stem foreclosures, Bank of America Corp. said Wednesday that it would offer to erase as much as $3 billion in principal owed by thousands of severely delinquent borrowers who owe more than their homes are worth. feeds.latimes.com |
Home of the Week update
Checking in on previous Homes of the Week. Revitalized historic home feeds.latimes.com |
How to give your house a facelift
Giving an unattractive house an exterior makeover can add 10 per cent to its value. Ruth Bloomfield meets a couple who transformed theirs. telegraph.co.uk |
In the Region | New Jersey: A Focus on ‘Work Force’ Housing
Former eyesore apartment buildings in East Orange and elsewhere are being refurbished, helping to stabilize neighborhoods. feeds.nytimes.com |
Judd Apatow's Pacific Palisades home sells
The stately 6,000-square-foot traditional home evokes an older era with a wood-paneled library – and a secret room.Judd Apatow and his wife, Leslie Mann , have sold their Pacific Palisades home for $5.26 million, the Multiple Listing Service shows. feeds.latimes.com |