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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...
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 the Union address he wants to have someone look through the deep dark...
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 still almost 2 million still out there. So if you're shopping around, fear not,...
According to the latest 2011 statistics, fraud is on the rise, but slowly. If you find that comforting news, I suggest you go back to bed - facing the real world might just not be for you. Yes, there were 1.45 million reports of suspicious...
Some more stats are coming in regarding 2011 and from our great 2012 perspective you'd think everything is now crystal clear. Or at least that's the impression you'd get from the "experts" who watch the real estate market. (Note: these are the same...
There is a big difference between what we need and what we want. There are a lot of things that we want and we'll even say that we need them. But when it comes down to it we all know that our wishlist of "needs" are really things we can live...
A million is a nice round number and in the world of real estate we don't always manage to get to nice round numbers. What I'm talking about right now is the number of loan modifications that have become permanent since the start of the year. Now...
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...
As anyone with his finger on the pulse of the industry knows, homes are being bought. What's taken S&P by surprise is that they're being picked up faster than they expected. Basically at the end of the second quarter there were $405 billion...
I feel so powerful these days. No, not because I'm incredibly awesome. (Did you catch my one-of-a-kind performance at the Awesomeness Fest?) But for a different kind of reason. I'm going to bail out yet another government agency. Yep, I must be...
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...
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