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LoHud.com | Westchester County, New York
5 violent robberies probed in New Rochelle2/7/2012 1:30 AM
City police are investigating five violent robberies that occurred in the city since last Friday. No one was arrested in any of the robberies, Detective Capt. Joseph Schaller said.
Development debated for ex-farm2/7/2012 1:30 AM
A former horse farm is being readied for real estate development, and town officials are facing some hard choices about the site.
County makes progress on federal affordable housing settlement, Astorino says2/7/2012 1:30 AM
Despite a continued stalemate with the federal government, County Executive Rob Astorino says Westchester remains well ahead of schedule on its affordable housing settlement. In its quarterly report to the U.S.
Daughter, 23, diagnosed with leukemia, inspires father to ride2/7/2012 1:30 AM
These days, Christopher Sarro cuts as lean a figure as when he wore number 12 behind center for Yorktown High three decades ago.
Rye police: Possible ATM skimmer at Citibank over the weekend2/6/2012 2:09 PM
Rye police sent out an alert today about another possible use of an ATM skimmer over the weekend at Citibank, 1040 Boston Post Road.

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Yahoo! News: Business - Real Estate
Key states move closer to foreclosure-abuse deal (AP) 2/6/2012 8:39 PM
AP - California and New York, the key holdouts in a long-awaited settlement over foreclosure abuses, moved closer Monday to backing a deal that would force the five largest mortgage lenders to reduce loans for about 1 million households. More than 40 U.S. states have agreed to a nationwide settlement.
More than 40 states agree to foreclosure deal (AP) 2/6/2012 8:26 PM
AP - More than 40 U.S. states have agreed to a nationwide settlement over foreclosure abuses.
Mortgage deal faces setbacks, again (Reuters) 2/6/2012 6:11 PM
Reuters - A multi-state mortgage settlement in the works for more than a year will likely be pushed back again as dissident U.S. states continue to press specific concerns and ignore a Monday deadline to decide whether they will sign it.
Housing plan helps nearly 1 million homeowners (Reuters) 2/6/2012 4:26 PM

Txera Alonso (L) and Juan Carlos Bezarra, volunteers from the pressure group Berri-Otxoak walk towards the town hall during a Reuters - Nearly 1 million U.S. homeowners have won permanent reductions on mortgage payments since the Obama administration launched its foreclosure prevention program in 2009, the U.S. Treasury said on Monday, only a fraction of the total it aimed to reach.


Convicted NY fraudster sentenced in hit plot (AP) 2/6/2012 3:26 PM

This pool July 8, 2009, file photo, shows Aaron Hand, the president of AFG Financial Group., Inc., appearing in a New York courtroom after he was indicted on charges of enterprise corruption and grand larceny in connection with a mortgage fraud scheme. Hand was sentenced Monday, Feb. 6, 2012,  to an additional eight to 16 years in prison for a contract-killing scheme, on top of the eight years and four months to 25 years he's serving for the mortgage fraud. (AP Photo/Pool, Mariela Lombard)AP - Convicted of engineering a $100 million mortgage-fraud scheme, Aaron Hand was yearning for vengeance and stuck in prison, prosecutors said.


Romney focuses on Obama, Gingrich on Romney in NV (AP) 2/3/2012 5:35 PM

Republican presidential candidate, former House Speaker Newt Gingrich speaks at Stoney's Rockin Country, Friday, Feb. 3, 2012, in Las Vegas, Nev.  (AP Photo/Evan Vucci)AP - A confident Mitt Romney accused President Barack Obama of failing to do enough to create jobs as he campaigned Friday ahead of GOP presidential caucuses this weekend in a state with sky-high unemployment and foreclosure rates. Newt Gingrich, who is fighting for a respectable showing here, rolled out a fresh line of criticism by comparing the former Massachusetts governor to Obama.


New York sues banks over electronic mortgage system (Reuters) 2/3/2012 4:54 PM
Reuters - New York State Attorney General Eric Schneiderman on Friday sued three major U.S. banks, accusing them of fraud for using an electronic mortgage database that resulted in deceptive and illegal practices.
NY's Schneiderman sues banks in foreclosure effort (AP) 2/3/2012 4:53 PM
AP - New York's attorney general on Friday accused some of the nation's largest banks of deceit and fraud in using an electronic mortgage registry that he said puts homeowners at a disadvantage in foreclosures while saving banks over $2 billion.
Goldman to face mortgage debt class-action lawsuit (Reuters) 2/3/2012 11:37 AM
Reuters - Goldman Sachs Group Inc was ordered by a federal judge to face a securities class-action lawsuit accusing it of defrauding investors about a 2006 offering of securities backed by risky mortgage loans from a now-defunct lender.
Analysis: Obstacles high for more mortgage prosecutions (Reuters) 2/2/2012 8:09 PM
Reuters - Despite the determination of President Obama to take Wall Street to court for the financial crisis, prosecutors face an uphill struggle to win more convictions like the two they scored on Wednesday against former Credit Suisse Group AG mortgage traders.

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NYT > Real Estate
The Appraisal: Unpaid Interns Enter the World of Real Estate2/6/2012 10:11 PM
Meet the real estate broker’s interns: an ambitious group willing to do anything, earn nothing and wake up early on a Sunday to fluff the couch cushions at open houses.

Developers Eye Garages and Parking Lots2/6/2012 1:27 PM
In Manhattan, parking lots and garages are making way for all sorts of development, especially luxury condominiums.

Habitats | Lower East Side: Lower East Side/Habitats - Living Small, Decorating Large2/6/2012 1:57 PM
Gray Burton lives in a 250-square-foot space he furnished with antiques he’s been collecting for years.

The Hunt: The Hunt | In Westchester, an Aspiring Landlord Changes Her Plans2/6/2012 2:37 PM
MacKenzie Thompson’s plan to buy a multifamily house in foreclosure did not pan out. She decided to buy a home in Westchester County.

Living In | Katonah, N.Y.: Katonah, N.Y./Living In - The Hamlet That Got Up and Went2/6/2012 4:00 PM
A photogenic Westchester suburb with high-profile residents is also known for its art museum and a performing arts center.

On the Market in New York City2/3/2012 1:55 PM
A Ditmas Park co-op, Upper East Side co-op and an Upper West Side condo.

On the Market in the Region2/3/2012 1:55 PM
A 10-year-old house with six bedrooms in Montvale, N.J., and a renovated four-bedroom in Bronxville, N.Y.

City Room: Big Deal | The World at Its Feet2/3/2012 10:00 AM
Wealthy investors are wiring millions of dollars to New York to snatch up a piece of 157 West 57th Street - what will be New York City's tallest residential building, with 90 floors overlooking Central Park.

City Room: Big Ticket | Sold for $19,000,0002/3/2012 2:06 PM
An apartment at the Trump International Hotel and Tower, opposite Central Park, was bought anonymously through a limited liability company.

Streetscapes | Upper West Side: Upper West Side/Streetscapes - Houses Designed for Millionaires and Musicians2/6/2012 4:00 PM
The anchor of a proposed historic district will surely be a clutch of four mansions at Riverside Drive and 72nd Street.

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