Obama administration makes one last push for affordable housing



The Obama administration is rapidly coming to an end, but that hasn’t stopped the White House incumbents from making one last push for states and municipalities to boost affordable housing.

Obama announces cheaper FHA mortgage insurance premiums



President Barack Obama said in a speech Thursday that mortgages need to be more accessible and affordable to creditworthy families to spur a stronger housing market.

What To Consider When Qualifying A Short Sale



Short sales are slowly fading into the past but good deals will remain until increasing house values fully exceed under water values. Right now, short sales remain a viable investment option in many markets. Start By Qualifying the Seller While the amount of time it takes loan servicers to decide to accept a short sale […]

A Short Rant on Ecomomic Disaster: The State of Fair Play 2013



Anyone reading this has to have been affected by the so called “Great Recession”, and most of you very negatively. Without going into history lessons or far reaching “what ifs” – suffice it to say when Wall Street crashed this time, your future was altered inextricably. Given all that, near continuous news of underhanded dealings prompts this little rant. Okay, it’s a big rant – but you don’t even want to go here.

Obama And Boehner Agree On General Framework For Lying To American Public



As the fiscal cliff negotiations continue over who gets to pay more income taxes, the good news is that President Obama and House Speaker Boehner have made significant progress. They’ve already got a framework in place for exactly how they plan to mislead the American public about the economy and inflation. Once that is done, it’s relatively easy to cut the deficit and tell the public that things are OK.

Fiscal Cliff “Deal” Highly Unlikely, Grab Your Parachute, Get Ready To Jump



The idea that President Obama and House Speaker John Boehner are going to come to some sort of legitimate “compromise” to avoid the so called “fiscal cliff” is akin to expecting the NFC and AFC winners to come to a negotiated agreement over which team will be the winner of the superbowl.

It’s Time To Think About How Residential Investors Can Reap Obamacare Profits



Now that the election is over, and Obama’s lease on the White House has been renewed for 4 more years, it’s time for residential real estate investors to consider ways that they can benefit from the impact of Obamacare and other government policies.

Will Foreclosures Cost Obama the Presidency?



A lot of back and forth has gone on this election year between the GOP and the Democrats. America, much like this election night, reveals a nation at odds with itself over what course is best. For incumbent Obama, it just may all boil down to what fueled the Great Recession in the first place – a housing market gone mad. Will Romney take the White House over Obama’s cautious approach to cleaning up the housing disaster?

Sheila Bair’s New Book – “Obama Administration Never Intended To Help Homeowners”



Former Chairmain of the Federal Deposit Insurance Corporation, Sheila Bair, has written a new book about the housing / banking crisis of 2008. As head of the FDIC at the time, Bair had a front row seat during the battle to save the housing market, banking and the economy.

Obama Housing Rescue: Not Enough Life Jackets to Go Around



When government decides to dive into the water and rescue drowning homeowners, little thought is given to how so-called “bold” rescue plans will impact those who won’t be offered their very own bailout package. For instance, the Obama administration is bent on rescuing a core constituency: vulnerable, middle-class homeowners.

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