Brenda Donato's (seniorliving) Blog

WASHINGTON-In order to ensure equality in today's lending and market environment, the U.S. Department of Housing and Urban Development of Fair Housing and Equal Opportunity announced today it is creatinga new Fair Lending Division that will review mortgage lending thoughout the nation. HUD has hi...

AID AND ATTENDANCE is a commonly used term for a little known veterans disability income. The offical title of this benefit is PENSION. The reason for using AID AND ATTENDANCE to refer to Pension is that many veterans or their single surviving spouses can become eligible if they have a regular ne...

Home foreclosures in May jumped 90 percent from a year earlier, reflecting a poor spring housing market and foreshadowing even higher levels later in 2007, real estate data firm Realty Trac said Tuesday.The May foreclosures-a sum of default notices, auction sale notices and bank repossessions-tot...

Homes sales are projected to move in a relatively narrow range with a gradual upturn becoming more pronounced by the end of the year, according to the latest forecast by the National Association of Realtors.Lawrence Yun, NAR senior economist, said the market is relatively soft. Overall housing le...

As people age, they often become overly attached to their homes and even though there may be compelling reasons to find other living arrangements, these folks will go to extreme lengths to remain in their homes.Notwithstanding the affection for their dwellings, there is oftentimes undeniable pres...

Buyer represenation is a relatively new business model in the world of real estate sales, and many of us are reluctant to ask buyers, to sign a representation agreement.  This reluctance stems from the inherent diffcultiesof altering long-established mindsets and ways of doing busines. But don't ...

If your Boomer clients are pondering early retirement, one survey conducted by the Washington, D.C. based Urban Institute provided into the implications of such a decision and the benefits of retirement. 'By working until age 67 instead of retiring at a typical worker could gain about $10,00 in a...

Female Boomers who own a home have a distinct advantage over rent, when it comes to long-term financial security. That's a research by the Joint Center for Housing Studies. The report provides timeless insight you can use to market to counsel female client.  For instance, homeownership expands by...

Housing activity this year will be somewhat lower than in earlier forecasts, with clearer analysis of the effects of stricter lending standards and a decline in subprime mortgage origination, according to the latest projections by the National Association of Realtors.Lawrence Yun, NAR senior econ...

This time next year, some homeowners who pay mortgage insurance will have an extra deduction on tax returns. Under a new law, certain borrowers who take out a mortgage for purchases can write off all or a portion of their mortgage insurance premiums for the year. It's a tax break sought for years...