The median price of Silicon Valley homes has been cut nearly in half since peaking at $805,000 in summer 2007. But that doesn't mean every home has lost that much value. In fact, a Mercury News analysis shows, home prices in some Santa Clara County ..., more
and A Reality Check on Mortgage Modification - New York Times WE are almost two years into the housing storm and foreclosure floodwaters continue to rise. A record 800,000 homes received a default or auction notice in the first quarter, an increase of 9 percent from the fourth quarter of 2008, according to ..., more
and Bank slapped Rs 50K penalty - Times of India CHANDIGARH: Deciding on a complaint, the UT consumer forum held that the bank was not entitled to foreclosure charges or service tax. Terming recovery of these charges as ‘illegal’, the forum directed ICICI Bank Limited and ICICI Home Loan ..., more
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