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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...
Okay, true or false: 31% of all home sales in the first quarter of 2010 were foreclosures. You're thinking it's true, right? I mean, why would I make up such shocking numbers for no reason? Well, you're right. It's actually true. Though...
New financial legislation has passed in both houses of Congress, and it's really historic, or so I'm told. It took them 20 hours to hammer out the deal, but they got it done. And it's set to be signed into law by July 4th. It's meant to fix a...
I'm thinking of changing my name to California. Think it's a good idea? I just heard the US government is giving California $700 million to fight foreclosures. So maybe I can pull a fast one and get the money deposited in my account. After all,...
Altos Research shows that home prices across the country have actually risen by 0.2%. That's the first upswing in 9 months. Other indicators, they claim, are going to show increases as well soon. They show 26 major cities across America,...
Okay, so maybe you CAN have your cake and eat it too. I recently told you about the dramatic drop in home prices around the end of April. You may remember that as the time that the home buyer tax credit was set to expire. So everyone...
Did you ever notice how things have a way of balancing out? You know, things go down just as something else goes up. It's always funny when it works out that way, but it really makes a lot of sense. Take the latest news about home prices, for...
Now why doesn't Bank of America negotiate this easily when it comes to money they're owed? Have you heard the latest news? Of course not because I haven't told it to you yet. But here's what's happened. BofA agreed to pay over $100 million back...
Just take a wild guess how much foreclosed property US banks are holding right now? Come on, pick a big number. Ready? It's $41.5 billion! Yep, that's actually up 12.5% from the end of last year. It was "only" $36.9 billion back then....
PLEASE PLEASE PLEASE tell me you cashed in on the latest commercial property bust! If you tell me you missed it I'm going to cry myself to sleep tonight. You know we just had a whole seminar about how to cash in on commercial foreclosures. If...
How many of you out there are techies just like me? I don't want to see a show of hands, I want a show of tweets. I'm always up on the latest new gadgets coming out. I know it's crazy to wait on lines 3 days in advance, in a blizzard, in a back...
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