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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...
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...
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...
As expected the financial firms have begun to fight back against the FHFA. You may recall from my last post that the FHFA decided to go the "tough cop" route with almost 20 financial institutions accusing them of everything under the sun, but...
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...
Should Fannie and Freddie head the way of so many good companies during the recession? Should they finally close their doors for good? And who would fill the void if they were gone? These are the questions lawmakers, bankers, and everyone else...
How responsible is Moody's, the credit and risk rating agency, for causing the failure of loans and the robo-signing crisis? Maybe more than you'd think. Check out this video for more on that and some major changes in the housing...
You should really check out this vid. These guys may start off really down at first, but they've got a great way of telling a story! See what they've got to say about the latest foreclosure freeze, and who hasn't taken the...
Home appraisals are often the most stressful part of any home sale. You never know if your home is worth what you're hoping to get for it. You never know if the appraiser is incompetent or even corrupt. Fannie Mae is trying to make a change....
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