I'm back on the foreclosure bandwagon again, especially after getting the Treasury's Home Affordable Modification Program status report this morning, and its glaring omission of any information as to how many borrowers are actually keeping up with the payments on their trial modifications... Read More
While we all worry so much about the auto industry, I find it astounding that we don't pay all that much attention to the battered industries behind the battered housing market.... Read More
While the Realtors and Home Builders and Mortgage Bankers all bask in the glow of the home buyer tax credit extension/expansion, we all need to turn our attention to the real drag on a housing recovery: Foreclosures... Read More
In landslide votes, the extension/expansion of the first time home buyer tax credit passed both houses of Congress and is now on its way to the President's desk for signing tomorrow... Read More
Yep, thanks to a new program announced by the nation's largest owner of home loans, Fannie Mae, troubled borrowers can sign over the deed of their homes and rent back for the current market rate.... Read More