Mussings on Short Sales and other Things

The Federal REserves Beige book for the end of 2010, which is an anecdotal collection of business report from the country by region offered confirmation of some trends shown by economic data. Mainly; manufacturing, retail and service industry(except finance) have had strong growth, while job grow...

Your Distressed Property and Short Sale Expert in Maryland  Foreclosure Scams on the Rise Here are common examples: 1) Equity skimming - "buyer" offers to buy your home solving your financial problems.He will take over,and pay your existing mortgage and give some proceeds of sale to you. To do so...

Your Distressed Property and Short Sale Expert in Maryland States enact emergency amendments to state foreclosure laws, or consider them. Vermont enacted it's amendment to apply to all foreclosures in the legal system, and requires plaintiffs(bank trustees) to "more extensively validate and verif...

Your Distressed Property and Short Sale Expert in Maryland  China has the money(our's and Europe's - almost $3 Trillion) and the goods, and the means to produce them cheaply, but the US Export/Import Bank has finally taken the Chinese on in a big case in Pakistan. The Ex/Im decided to match a dea...

Your Distressed Property and Short Sale Expert in Maryland  One Federal Reserve Bank President thinks the $600 billion Treasury bond buying program may need to be scaled back, but he seems almost alone at the Federal Reserve. Charles Plosser, who heads the Philadelphia Federal Reserve Bank, is co...

Your Distressed Property and Short Sale Expert in Maryland  In an Economic Symposium last night at Frederick's Weinberg Center for the Arts, the director of research at the Federal Reserve Bank of Richmond said he believes the economy is on the road to recovery after the most severe contraction s...

Your Distressed Property and Short Sale Expert in Maryland China, over flowing with dollars from American consumers, and exports to other countries that pay in dollars, is investing in European debt issues, helping to prop up the economies of Portugal and Spain, buth of which could have crises si...

Your Distressed Property and Short Sale Expert in Maryland  OK, a little hype perhaps, but the Federal Reserve owns $2.4 TRILLION of securities, and not just the normal T-Bonds or T-Bills, i.e. Government Secruities, but lots of other investments are in the portfolio. That's the big surprise - at...

Your Distressed Property and Short Sale Expert in Maryland  the Securities and Exchange Commission has charged Robert Feinblatt, co-founder of Trivium Capital Management, a hedge fund, and an analyst and two others, with insider trading. The information allegedly allowed Feinblatt and an associat...

Your Distressed Property and Short Sale Expert in Maryland  The debate is on - will the payroll tax lead to more consumer spending? The 2% reduction in payroll taxes(from Social Security), amounts to about $1,000 for the average family. Some economists recommend lump sum tax rebates - as in 2008,...