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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...
Freddie Mac has decided to extend the available forbearance periods for unemployed homeowners. Previously borrowers facing extended unemployment were only eligible for, at most, 6 months of reduced payments. And that required prior approval....
Fannie Mae and Freddie Mac execs are officially on the chopping block. Their number is up. Their goose is cooked. Their ... well, they're in hot water is what I'm trying to say. Our usually oh so efficient government has no decided it's the...
I think we all just got a backhanded slap from Washington. That means the gauntlet has been thrown down, the insult has been made, and we've been put in our place. Too bad we're not going to sit back and take it. We'll rise to the challenge. But...
Wow, I finally am reading about a government program I can at least a tiny bit get behind. I'm doing my best to sound appropriately enthusiastic without making you think I'm buying in to Washington hype. But for all the ridiculous schemes that...
Oh boy, you guys are going to love this. Remember all the outrage when private companies that got bailed out by the government started giving huge bonuses to their top executives - the same executives that caused the financial meltdown? Well, the...
So here I am skimming the real estate news as I always do and I read about how Freddie Mac is taking its largest hit in a year. And then I read about how the government is obligated to cover their losses. No news there. So I keep skimming and I...
Wow, I never thought I'd live to see the day. Actually, let me correct that: I never wanted to live to see the day. It's like all ... stuff is breaking loose up in Washington and I don't know how it's all going to end. The FHDA has sued 17, that's...
Guys, I'm proud to say that three new members have decided to join my coaching program. That's right, three high-profile organizations have actually approached me to learn my secrets. You may have heard of them: Fannie Mae Freddie Mac Federal...
Okay guys, apparently we've had it wrong all along. The whole financial crisis, collapse of the housing market, record unemployment, etc. wasn't really anyone's fault. Well, it certainly wasn't the fault of anyone that we wanted to blame. And...
Freddie Mac isn't going down without a fight. Well, it's actually not really a fight. It's just a last ditch effort to get as much money as they can out of their situation before finally shutting their doors. In the last quarter of 2010 they lost...
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