Selling a Home That's Not In Tip-Top Shape
Monday, March 14
In our current economic climate, it's important to be realistic about what it takes to sell your home quickly, if at all. Buyers are looking for a great deal and beautiful home, all in one, and in a buyer’s market, they’re getting what they ask for. If you’re looking to sell a home that’s in nee...
Status of the Making Home Affordable Program's Fourth Incentive
Tuesday, July 27
HAFA Causing Headaches The federal government's fourth incentive program under the Making Home Affordable program is currently causing more headaches than solutions to our nation's housing crisis. The "Home Affordable Foreclosure Alternatives" incentive program, or HAFA as it has been dubb...
More Investigations Planned by the SEC
Tuesday, June 29
In an effort to pinpoint dubious practices within the mortgage bond industry the SEC has issued several subpoenas to some of Wall Street’s heavy hitters. The probe is another maneuver by the government to get to the bottom of what actually happened to the housing market, and what role each of the...
Central Bank Prodded by Feds to Sell Some of its Mortgage Portfolio
Tuesday, June 22
A large number of officials at the Federal Reserve believe that the sell off should be done in a measured time-frames following the rise of short term interest rates at the Central Bank. This is not the total consensus of everyone involved. Others believe that the introduction of these securities...
Home Builder in Legal Dispute with Attorney General’s Office of Two States.
Tuesday, May 11
The Arizona State Attorney General’s Office and the Nevada State Attorney General’s Office are conducting an investigation on the lending practices and operations of new home builder Pulte Homes. This investigation started in 2009 after the Attorney General’s Offices from both states relieved mul...
Philadelphia Federal Reserve President Requests MBS Sell Off
Wednesday, April 28
Charles Plosser who is the President of the Philadelphia Federal Reserve made a statement three weeks ago suggesting that “The Federal Reserve should consider selling off some of its portfolio of mortgage backed securities even before raising official interest rates in order to make monetary poli...