Ya' know...it comes a time when things just piss you off! Bank of America gets caught with their hand in the cookie jar and blames Countrywide. But doesn’t Bank of America own Countrywide? Yes! When Bank of America took over Countrywide in 2008 during the wo
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07/23/2010
Two locations draw thousands of fans to sites to pay tribute to the Doors’ late lead singer, Jim Morrison. One is his grave in Paris cemetery and the other is Morrison’s Laurel Canyon home he shared with his girlfriend Pamela Courson during the Doors’ heyday. And now, Morrison’s home is for sale
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07/23/2010
No one want to hear that Americans are in trouble...but the reality is we are! Listen to the projected numbers of homes for sale versus homes being purchased...scary. There is good news in the fact that Foreclosure sales are down and short sales are increasingly being accepted by banks.
07/22/2010
Today the FHFA, overseer of Fannie Mae and Freddie Mac, made an unprecedented move, issuing 64 subpoenas to “various entities,”seeking information on private-label mortgage-backed securities in which the two invested, specifically “the contents of loan files, which include documents used in the
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07/21/2010
The 6 reasons: Declining Job Market Shared Households increases inventory. Foreclosures adding inventory and no relief in sight. Tight Lending Restrictions…getting tighter. Falling Home Prices…”Educated” Buyers say “what’s the rush”? You Have to sell your home…that ain’t easy today! The artice
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07/21/2010
The number of borrowers dropping out of a government program to help struggling homeowners rework their mortgage grew in June at almost twice the pace of those getting a permanent modification, the Treasury Department said on Tuesday. The latest figures could signal a rise in foreclosures in the
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07/21/2010
Of the eight million homeowners currently not making mortgage payments, six million are expected to lose their homes over the next two years, according to the latest Market Intelligence newsletter from John Burns Real Estate Consulting. As a result, the national homeownership rate will fall to
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07/20/2010
Expectant parents shopping for a home are not the only ones concerned about the date of the baby’s arrival. Mortgage lenders are taking a harder look at prospective borrowers whose income has temporarily fallen while they are on leave, including new parents at home taking care of a baby. Even if
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07/20/2010
It's not that we love bad news! Actually, as in good news, and bad news, there is opportunity. Think of all the homeowners you can help! This article hit this morning and we support its 6 reasons: Declining Job Market Shared Households increases inventory. Foreclosures adding inventory and no r
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07/16/2010
Isaiah Mustafa...The Old Spice Guy is so freakin' cool! How can you not love this brilliant series of advertising created by Old Spice! In this video...Old Spice Guy responds to a tweet received...where the "tweet" obviously contained a typo.
07/14/2010