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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...
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...
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...
I bet you can already guess what's down and what's up in real estate. It's becoming a sad joke in the industry how short sales are kicking it over REOs but the numbers don't lie, so let me blow your mind for a second. Short sales - up 19% in the...
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...
235 years is a long time, isn't it? So many countries that exist today weren't around in 1776. And those that were have changed radically since that fateful July 4th. The American example of freedom has sparked revolutions across the globe, from...
How bad is it for you when you live in a ghost town? Drives down property value, doesn't it? Well, Washington thinks America's cities are turning barren, with empty homes standing on every block. And maybe they're right! Between...
Yes, short sales are definitely on the rise. This shouldn't come as news to you, but the media and US gov't are just catching on. Short sales accounted for 15.9% of home purchases in January! REO's still made up a larger portion of home sales,...
Fannie Mae has adopted a new policy to speed up REO sales. Inman News announced Wednesday that Fannie Mae will accept offers to buy homes that it has repossessed without notifying loan servicers. Additionally, loan servicers may have to pay back...
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