W.Va. mortgage victims might get more than $2,000

Chief Deputy Attorney General Fran Hughes said West Virginia residents who were affected by the recent multistate mortgage settlement might see more than $2,000.State attorneys general, federal officials and the country’s five largest mortgage servicers reached a $25 billion settlement. West Virginia is set to receive about $33 million of that money. Of that, an …

Jennifer Lopez Loses Her Brickell Condo to Foreclosure

​Jennifer Lopez is the latest victim of Florida’s foreclosure crisis. The condo in the Icon Brickell building she was shacking up in with her latest younger lover, Caspar Smart, has now been bought up out of foreclosure by someone else and Lopez will have to move out according to Gossip Extra. Don’t worry about J.Lo’s …

Builder moves on to a new enterprise

Mercedes Homes LLC, for nearly 30 years one of Brevard County’s most prominent home builders, is ending operations two years after filing for Chapter 11 bankruptcy. An outside executive management team brought in by the consortium of leading creditors from the bankruptcy case recently took over operations of the Suntree-headquartered company and announced its intentions …

Townhomes in Orlando: Whisper Lakes townhomes in Orlando renovated

About a five-minute walk from the Ritz-Carlton hotel in south Orange County is a town-home community that has seen its share of hard times. Not that long ago, Whisper Lakes was collecting only about two-thirds of the association dues its owners were supposed to pay to keep the place running. Town homes that had sold …

Chinese Property Buyers Boost Role in Singapore

An unexpected increase in Chinese property buyers is moving Singapore’s real-estate market, in the latest sign of the effects of Chinese money elsewhere in Asia. For years, Indonesians and Malaysians were the dominant foreign property buyers in Singapore, a rich Southeast Asian city-state that is widely regarded as one of the safest places in Asia …

Own vs. Rent: A Growing Reason to Buy

Home prices and mortgage rates have fallen so far that the monthly cost of owning a home is more affordable than at any point in the past 15 years and is less expensive than renting in a growing number of cities. The Wall Street Journal’s third-quarter survey of housing-market conditions in 28 of the nation’s …