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NATIONAL BUSINESS NEWS

J&J forecasts 10 new drug applications by 2017

Johnson & Johnson says it plans to submit more than 10 new treatments to regulators for approval and 25 applications for additional uses of approved drugs by 2017.

3 hours ago

REAL ESTATE

Foreclosure settlement checks seen as inadequate

Tyler Reid struggled to hold onto his Ladera Ranch, Calif., condominium during the recession.

REAL ESTATE

Real estate Q&A: Son's ex-wife won't go along with a short sale

QUESTION: My husband and I co-signed a loan for our son and his now ex-wife. Our son stayed in the home but fell behind on the payments, and the home was in foreclosure. His ex-wife discharged her mortgage debt through bankruptcy, but her name is still on the deed. Our son has deeded the house to...

REAL ESTATE

Frantic housing market recalls boom times in battered Florida

The open house on a leafy street near South Miami featured a snack wagon with cupcakes and chilled beverages, but the real draw was the newly listed house for sale for $435,000.

REAL ESTATE

Tom Reddin: Why are mortgage rates still so low?

We are now heading toward the end of the spring homebuying season, and mortgage rates remain near record-low levels.

REAL ESTATE

The Mortgage Professor: Escrow can raise costs, but add simplicity

Why did Jones pay more for his mortgage than Smith? One possible reason is that they borrowed at different times, when market conditions were different. Right now, the market is very favorable, but mortgages priced at 3.5 percent today were priced at 17 percent in 1980. There is nothing borrowers...

REAL ESTATE

Pick me, please: Home buyers writing letters to sellers

Some buyers are solving housing woes with prose.