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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...
You'll actually be given a chance this month to look beneath the surface of the HAMP program. That is, if you happen to read the Treasury's monthly report on the program. I'm sure you're racing to the newsstand right now, aren't you? No, you're...
It's being reported that there have been major drops in the number of delinquencies and foreclosures. (I won't take all the credit, but maybe just a little.) For the last 5 quarters delinquencies have been dropping, and the shadow foreclosure...
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...
Whoa! Banks are about to start destroying, like physically shredding, documents dealing with their sub-prime lending practices. That means when someone actually decides to start digging, there won't be anything to find. To find out why this is...
Broker compensation has been a hot topic since the Fed stepped in and starting muddying the waters. Check out what these guys have to say about it and see a glimpse of the...
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...
If Bank of America continues to get taken to the cleaners by Fannie Mae and Freddie Mac, loans could get much more expensive. To find out why this might happen and how likely it is, check out this...
You've got to check out this new series of videos covering the new Fed rules covering Loan Officer compensation. These are big changes that will have tons of unintended consequences so if you want to keep up, watch...
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...
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...
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