30th July, 2009 - Posted by admin - No Comments
There are a lot of reasons for the big housing crash that the country is still fighting through. Mortgage lenders loaned out money to customers who weren't financially able to handle a large month…
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30th July, 2009 - Posted by admin - No Comments
A growing number of economists are joining the chorus: A housing recovery has begun.
To that, we can all add a hearty "Hallelujah!"
The latest economic type to opine that the housing recov…
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29th July, 2009 - Posted by admin - No Comments
In his more than six months in office, Pres. Barack Obama has shown a willingness to fight hard for what he wants. And what he wants now — besides the passage of health-insurance reform — …
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28th July, 2009 - Posted by admin - No Comments
The Obama administration had the right intentions when it came up with a program to reduce the number of home foreclosures across the country by modifying existing mortgage loans. Problem is, the prog…
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27th July, 2009 - Posted by admin - No Comments
Do you trust mortgage firms to carry out Pres. Barack Obama's programs designed to keep people from losing thier homes to foreclosure? How about the government itself? Do you trust it to do anythi…
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24th July, 2009 - Posted by admin - No Comments
Mortgage lenders have taken a lot of the blame for the collapse of the housing market. They approved borrowers who couldn't pay back their mortgage loans. They pushed other homebuyers to take out …
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23rd July, 2009 - Posted by admin - No Comments
You can practically hear the real estate agents screaming for joy. Yes, there is yet more evidence today that the housing market is in the midst of a recovery. Yes, it's early in the process. And,…
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22nd July, 2009 - Posted by admin - No Comments
I first started covering residential real estate during the housing boom years. At that time, every real estate agent I interviewed would always run down a list of reasons why owning a house made more…
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21st July, 2009 - Posted by admin - No Comments
Yesterday, I wrote about a shady mortgage loan officer who is now working for a loan-modification company. This individual, who helped talk his clients into risky loan products that often landed them …
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21st July, 2009 - Posted by admin - No Comments
For most people when they get their first mortgage there is a pretty good chance that it is your first time living without roommates or close apartment neighbors. This is the first time and many peopl…
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