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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...
If you’ve been saving up your cash for a big purchase, you’re not alone. Taking out big loans or trusting the interest rate or banks has become a thing of the past. This is going to be the year of cash. Cash for everything and no credit. We’ve all got bad debts to unload, we’ve...
It’s a holiday bonanza for a few states this season. The latest report has it that the attorneys general are close to a settlement with the largest mortgage servicers before Christmas. Remember, this buys them immunity from anything they did wrong to you or me regarding illegal servicing or foreclosures. But not to worry, I’m...
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 I’m jumping ahead a bit here so...
Have any of you been targeted by mortgage rescue scammers? Ever seen ads or been contacted by someone who will make all your financial troubles disappear for seemingly no money just out of the goodness of their own heart? I’m sure you have and I’d guess a majority of the 6.3 million past-due homeowners out...
Ah, Nevada. Home of many of life’s worst vices, and many crazy times. It’s been hit hard by the recession, practically the hardest of any state. It’s had barely any recovery so far and it’s the butt of many jokes. So now . . . it’s time for payback! Well, at least that’s the plan...
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 sequel to that story is happening the right now. This time we’ll call...
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 read about how real...
I’d say 6 months is actually pretty good for our government to get something done. Of course, if you were actually paying someone for a service you wouldn’t think that was quick, but we take what we can get with Uncle Sam. Back in April we were promised that the largest mortgage servicers were going...
Okay, so the government has finally decided that HARP 2.0 (Home Affordable Refinance Program) is a good idea and should get off the ground. If you remember the politics behind it you know what a beating the government took just to get that much. Well, not surprisingly the 4 biggest mortgage servicers are squarely behind...
Where have all the foreclosures gone? That’s what a lot of concerned people are asking. I don’t mean where is the giant shadow inventory of foreclosures and pending foreclosures. Don’t worry, those are still piling up and will be skewing the market for a good long while. What I’m talking about is, how does our...
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