US Real Estate

Sheila Bair's New Book - "Obama Administration Never Intended To Help Homeowners"

By Donna S. Robinson | October 2, 2012
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.
Mortgage, Real Estate, US Real Estate

Mortgages Harder Than Ever to Obtain

By Mike Wheatley | May 14, 2012
Mortgages have become notoriously difficult to obtain, even among some of the most creditworthy borrowers, and lending standards are unlikely to be eased any time soon, according to Federal Reserve Chairman Ben Bernanke.
International, Real Estate, US Real Estate

Canadian Real Estate Benefits From US Federal Reserve Policy

By Allison Halliday | November 15, 2011
Although the Canadian property market was affected by the global financial crisis, house prices didn't crash, and have now resumed their steady decade-long climb. With US interest rates at a 60 year historic low, the bank of Canada has been forced to keep its interest rates at an even lower level. When you combine these […]
Featured News, Real Estate, Residential, US Real Estate

Bernanke Admits Policy Failure, Then Asks For More Of The Same

By Donna S. Robinson | October 5, 2011
In today's report to congress, I could not help but notice two things. First, Fed Chairman Ben Bernanke was essentially admitting that his program to solve our economic problems with more spending is not working out very well. And it was painfully obvious that some if not most of the congressmen/women on the panel had […]
Featured News, Mortgage, Real Estate, Residential, US Real Estate

Obama Planning Expansion of Home Affordable Refinance Program

By Mike Wheatley | September 13, 2011
More homeowners will be able to make the most of current low interest rates, after the Obama administration announced plans to expand the two-year old Home Affordable Refinance Program. Addressing a joint session in Congress last week, President Obama said that the government would do everything it could to assist “responsible homeowners” in refinancing their […]
Commercial Real Estate, Mortgage, Real Estate, Real Estate Investing, Realtors, Residential, US Real Estate

Bernanke Refuses To Flush Toilet, Economy Begins To Really Stink

By Donna S. Robinson | August 10, 2011
It's been a long hot summer. Employment is barely growing; residential housing prices continue to erode because of too many foreclosures and too few buyers; Commercial Real Estate headed south as delinquent mortgages reached an all time high in July; AIG has had enough with the endless stream of losses on MBS's and is now […]
Mortgage, Real Estate, US Real Estate

Government Plans To Rent Out Foreclosed Homes

By Mike Wheatley | July 24, 2011
The government is investigating new plans to try and limit the number of foreclosures going onto the market in an effort to prevent unsold foreclosed homes damaging values even more – by simply renting them all out instead. The Wall Street Journal reported that the Obama administration is currently examining the viability of pulling foreclosed […]
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