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I think most of us would agree that the mortgage industry could do with some more transparency. The murky workings of the underworld of billions of dollars of loans can...
Did you know this week we're going to see another Black Friday? No, don't run out and pick up that weed whacker you've always wanted, it's not that kind of...
Remember that program, you know, the one that was supposed to help every underwater borrower all over the country but ended helping under 1 million? What was that called again?...
Believe it or not (oh yeah, you should believe it) there's controversy surrounding the President's latest plan to mess with the housing market. As he announced in his State of...
Watch out everyone! There are less homes for sale now than there were last year. Um, okay that may not be the scariest announcement you've ever heard. And there are...
I always encourage people to put a positive spin on a bad situation. If it's something you've got to learn to accept then why not embrace it and move on?...
I've been hearing a lot of talk in the comments section about the pressing need to pursue principal reductions for underwater homeowners. Apparently this blog gets more attention than I...
Let's say you've got a good friend who's been with you a long time. And you know that every single time he gives you advice it ends up being BAD...
It looks like Michigan is getting tough, or at least trying to look the part. As the entire country has been reeling from the repeated shocks the housing system, Michigan...
Every time I see big shots in Washington arguing with each other I get excited. No, I don't get excited because I think they'll eventually come to an agreement. What...
This is something all of us need to keep a pulse on. http://news.yahoo.com/s/ap/20080624/ap_on_go_co/congress_housing Summary: The centerpiece of the package is a foreclosure rescue program in which the Federal Housing Administration would...
Well I almost was ready to swing from the rafters! Then all of a sudden reality struck! It seems the 90 Day FHA Seasoning Lift for 1 Year only applies to properties acquired from foreclosure. That means it really doesn't affect short sale...
Yup... you read that right! This is going to be an AMAZING here especially for all us short sale investors. Just think how many different programs FHA provides first time buyers to qualify to buy a house. Now take those buyers and match them up...
I would like to ask you for a favor. Would you watch this video and considering donating to the cause? I don't care if it is $.50 Anything you can spare can help feed a child or adult living in a tent under a bridge in New Orleans. This is...
I just read this article and it was a pretty interesting concept. Has anyone else heard of this? The statistics are all over the place, but it is clear that not only are mortgage delinquencies and...
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