Market Watch, Mortgage, Real Estate, Residential, US Real Estate

Two Thirds Of Potential Foreclosures Are Prime or FHA Insured - The FED

By Donna S. Robinson | September 6, 2011
Last week the Federal Reserve held a policy forum in Washington, DC called "The Housing Market Going Forward, Lessons Learned From The Recent Crisis". At this forum Fed Governor Elizabeth A. Duke gave a presentation entitled "Rebalancing The Housing Market". While much of the presentation centered on the current discussion of how to get housing […]
Mortgage, Real Estate, US Real Estate

Study Shows Foreclosures Are Bad For Your Health

By Mike Wheatley | September 5, 2011
The more foreclosures there are in your home state, the more your community's health is at risk, says a new study. New research carried out by Princeton University's Janet Currie and Georgia State University's Erdal Tekin has shown that the rising number of foreclosures in states like Florida, California, Arizona and New Jersey appears to […]
Featured News, Mortgage, Real Estate, Real Estate Investing, Residential, US Real Estate

Residential Real Estate Industry Cringes As Dodd-Frank Era Begins

By Donna S. Robinson | September 4, 2011
The financial regulatory bill known as Dodd-Frank, named for it's two main congressional proponents, Chris Dodd and Barney Frank, has begun to kick in. The bill is more than 1,000 pages in length, and will address virtually every corner of the residential real estate industry. Virtually no one in the industry will avoid the impact […]
Mortgage, Real Estate, Residential, US Real Estate

Federal Housing Finance Agency To Sue Big Banks Over Toxic Mortgages

By Donna S. Robinson | September 3, 2011
The New York Times is reporting that the Federal Housing Finance Agency, which oversees Fannie Mae and Freddie Mac, is planning to sue more than a dozen big banks for misrepresenting the quality of mortgages that were sold at the height of the housing boom. The suit alleges that the banks who packaged and sold […]
Mortgage, Real Estate, US Real Estate

Obama May Reveal Mortgage Refinancing Plan Next Week

By Mike Wheatley | September 2, 2011
The Obama Administration is rumored to be about to reveal a new program for mortgage relief next week, in order to decrease foreclosure numbers and help homeowners stay in their homes, reports Reuters. Details of the new proposal remain a closely guarded secret, but the speculation is that President Obama is set to unveil a […]
Featured News, Home Builders/Developer's, Mortgage, Real Estate, Real Estate Investing, Residential, US Real Estate

Atlanta Development Authority Announces $50,000 Down Payment Assistance

By Donna S. Robinson | September 2, 2011
The Atlanta Development Authority has announced that they have new mortgage funding available beginning September 1st of 2011, until April 15th of 2012. Read the press release here. This new program is funded through the Federal New Issue Bond Program. It aims to make mortgage funding available to home buyers who meet specific qualifications. One […]
Mortgage, Real Estate, Real Estate Investing, Residential, US Real Estate

National Mortgage Complaint Center Issues Warning On U.S. Housing Market

By Donna S. Robinson | September 1, 2011
The National Mortgage Complaint Center, a consumer advocacy group that tracks and responds to complaints in the U.S. residential mortgage market, is warning of further declines in the U.S. housing market. The group is asking the congress to immediately introduce legislation to restore buyer tax credits. But unlike the original buyer tax credit from the […]

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