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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...
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 really gets me going is that I think “Finally, someone is going to see through the nonsense and realize these people have no idea what...
Investing is a tricky business, don’t you think? You never now how fortune is going to swing and you could end up losing the shirt off your back. But have you ever considered the other side of the story, namely that your loss is someone else’s gain. Sure, when you’re losing money you really don’t...
There has been a lot of pressure put on the Federal Reserve to not go ahead with their policy change when it comes to mortgage lending. Consumer advocacy groups and federal lawmakers are united in opposition to revising the law that allows foreclosures to be halted if the lender violated the Truth-in-Lending Act (TILA). This...
The Fed has decided to raise interest rates again. 30-year mortgages are up to 4.61% from 4.46%. If the rise continues at this pace it will pass where it was this time last year, 4.81%, in just a few weeks. The rise in rates has been in sharp contrast to the record lows that have...
This is probably the most under-reported news story that should have made front pages everywhere. Find out just how secretive the Fed is, and how much money they gave away. 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...
The Federal Reserve has been trying for over a month to put in place new rules to protect borrowers from deceptive mortgage practices. One of the most crucial is limitations on the compensation mortgage brokers and loan officers can receive. Among the restrictions is a prohibition on double-charging for origination fees, and keeping them from...
It’s official. New financial regulations have been passed by Congress. This is supposed to be the biggest thing since sliced bread, or the New Deal, either one. It’s 2300 pages long and somewhere in there is supposed to be some answers. I’m not sure if anyone knows whether any of this will work, but people...
A report was released recently outlining outlining the Bureau of Justice Assitance’s ideas for how to deal with the problems in the housing market. It’s not really meant for regular folks, just for government agencies and law enforcement. Basically, the whole point of the report was that everyone needs to work together to get through...
Is your city safe from the housing crunch? I’ve picked up some killer info from the latest news sources. You may not believe it, but some cities totally missed the housing crisis. That’s right, solid gains and sale volumes straight through the market crunch. And till now, no one thought it was possible. The Federal...
I woke up this morning and just about jumped out of bed. Okay, I actually did jump out of bed. And do you know why? Because this is the first week with NO OLYMPICS! I mean, come on, I’m all for international competition, but it’s all anyone’s been talking about for so long. Finally, we’ve...
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