Great Article and a very good interview on the Bloomberg Website explaining the additional behind the scene challenges with loan modifications. Well worth your time! Mortgage firms are...
Bull vs. Bear: Will housing rebound?
An interesting read to say the least… let me know your thoughts! As seen in CNN Money – Posted by Nin-Hai Tseng, writer-reporter- December 27, 2010 It’s a question...
Mortgage Rates May Have Hit Bottom…
By LYNNLEY BROWNING – THE NEW YORK TIMES MORTGAGE rates in 2010 were the lowest in six decades, but a recent and sustained increase may indicate that consumers can expect to pay...
What do the banks know… that the typical home sellers may not?
If you are thinking about selling your home, you must read this! The typical equity seller must be willing to think, act and behave just like a bank owned home or risk facing the...
Homeowners use ‘show me the note’ to fight foreclosure
While I can empethize with the homeowners and understand their challenges, I think that this is all wrong… What are your thoughts? By Julie Schmit, USA TODAY Steven and Tamara...
Housing recovery after 2012, consumers say
A Twist on yesterday’s post… Nearly a quarter worry it won’t come till after 2015, Trulia and RealtyTrac survey shows...
A housing recovery in 2011? Experts are divided
This expert believes that it will go beyond 2011! What are your thoughts? Economists, analysts and real estate experts polled by MacroMarkets are nearly evenly split on the prospect of...
What Happened to the Government’s Short Sales Program?
By Nick Timiraos – Associated Press In April, the Obama administration formally rolled out a new program, called Home Affordable Foreclosure Alternatives, that was designed to...
Refinancing rush helps banks amid foreclosure mess
Some good news in todays market…. reported by Jody Shenn, Bloomberg News – Tuesday, October 26, 2010 A rush by U.S. homeowners to refinance at near record-low interest...
Your credit score is constantly changing
A great article that address quite a few relevant questions. It also varies depending on which of the three main credit repositories you check. Each has a different scoring formula and...