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There are some new stats coming out about how we’re doing, but first, let’s dispense with some rumors. Our Congress has definitely not gone the way of Greece, our leaders...
Good old Florida is turning out to be pretty scrappy after all. Since being one of the hardest hit areas of the country by the “downturn” they were projected to...
There’s nothing quite like learning something new, even if it’s really absurd trivia. But hey, these are important fun facts that you can use in everyday conversation, or to open...
Your check may be in the mail. That’s right, not a Publisher’s Clearinghouse one, but free money is free money so don’t ask questions. Bank of America will be mailing...
I read an amazing article that captures an amazing message for people everywhere. A lot of life’s most important lessons are learned only while your living it so it’s a...
Here’s a comparison you don’t hear very often: the home-buyer tax credit versus European debt crisis, earthquakes in Japan, and debt ceilings. I just wouldn’t have put all those in...
We’ve reached that special month of May when the year turns serious and kicks into high gear. The weather is warmer (minus some freak NE cold spells), production is higher,...
February was a good month if you’re a house – your average value went up. It might just be a temporary thing but I say milk it for all it’s...
The Senate has begun yet another round of fun-filled meetings to try and make HARP actually work for someone. Now they all admit that the reason the program has tanked...
Best audio player to listen faster, learn faster and have a “sexy” iphone player experience. Visit italkfast.com for more information. Sign up for Updates! Share on...
Yet another in a series of wrong moves by the government occurred on Thursday. All of the banks involved in the robo-signing issue received notice of a new regulation. Essentially, it tells them that unless they offer principal loan balance reductions for underwater borrowers, they’re going to be fined something fierce. Essentially, what this means...
Let’s cut right to the chase today: Fannie and Freddie are on their way out and private capital is on its way in. You can’t put it more simply than that. The government currently guarantees 9 out of every 10 loans in one way or another and that’s just too much risk for taxpayers. It’s...
For those of you facing the possibility of foreclosure, you may have decided to take on the services of a loan modification professional. These are people that have made it their business to learn the ins and outs of dealing with banks and help keep you from getting the run around. That has been an...
Will there be a second foreclosure freeze? Will more irregularities crop among big banks’ foreclosure policies? It could very well happen so watch this video to find out why: Share on bebo Blog this! Bookmark on Delicious Digg this post Recommend on Facebook Share on FriendFeed Share on Linkedin share via Reddit Share with Stumblers...
I’ve gotten some great feedback so far in my goal to get the short sale community mobilized. People starting to talk. People are starting to realize that they need clear goals going into 2011. Goals that tell them exactly what they need to do to make short sales the great tool it can be to...
Can Short Sales possibly keep up with the foreclosure market available? That’s the question on most short sale investors’ minds. Until now banks have consistently favored foreclosures over short sales. But all that may be changing. Banks are planning on putting significantly more resources into checking out and approving short sales. In the coming months...
The year certainly seems to be racing to a close. Everyone from salesmen to congressmen are rushing to get their work done. No one wants to leave unsold merchandise or unfinished business on the shelf. So it’s a big hurry to make this celestial deadline and end off the year on a high note. And...
Banks are apparently not in for a very good year that’s coming up. I’m not particularly surprised by the news, but Moody’s felt like it was worth a study so I figured I would pass it along. Loan servicers still haven’t gotten their acts together when it comes to handling documentation relating to foreclosures. And...
These guys have leveled a challenge to mid-sized banks. They want to see these groups go the extra mile for their customers. If you want to see more improvement in the industry, you’ve got to see this video. Share on bebo Blog this! Bookmark on Delicious Digg this post Recommend on Facebook Share on FriendFeed...
The government just released a study of how often a bank will initiate foreclosure proceedings but not finish them. The main motivation for not going through with the foreclosure is that the cost outweighs the profits. The study found that less than 1% of the time does this happen. Now the reason this was studied...
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