Mortgage, Real Estate, US Real Estate

How Soon Can You Buy After Foreclosure?

By Mike Wheatley | June 27, 2011
What with the millions of former homeowners sitting around twiddling their thumbs following foreclosure or a short sale, many of them might be wondering how soon they will be able to get back into the real estate business. One article that recently caught our attention in the New York Times attempted to answer that question, […]
Real Estate Investing, US Real Estate

Americans Lose Interest in Home Ownership

By Mike Wheatley | April 20, 2011
What with the lowest housing prices in a generation, you would think that anyone in a position to buy a home would jump at the chance. But in fact, as Victoria Pauli concurs, the housing collapse has made many people think twice about home ownership.
Featured News, US Real Estate

Top Housing Official Jumps Ship For Lobbying Job

By Ryan Cox | March 17, 2011
Last week David H. Stevens announced he would step down as commissioner of the Federal Housing Administration, and this week its being announced that he will be named the next chief executive of the Mortgage Bankers Association (MBA). During his two-year stint in the Obama administration, he was a key adviser on housing-finance policies. He will succeed John A. Courson, a former mortgage banker who took the helm of the MBA in 2008. Mr. Courson’s departure is seen as a unexpected upheaval to a trade association that has had an extremely vociferous three year period.
US Real Estate

GOP Begins Plans to Reduce Role of Fannie and Freddie

By Tavis J. Hampton | March 15, 2011
By the time the media began to reveal the extent of damage major lending institutions had done to the U.S. economy, the names Fannie Mae and Freddie Mac were about as common as Brad and Angelina.  Republican legislators in Congress are now ironing out a new plan to more gradually reduce the role of Fannie […]
Featured News, US Real Estate

Fannie Mae's Michael Williams: Clueless in San Diego

By Phil Butler | March 6, 2011
Fannie Mae President and CEO Michael J. Williams was at the University of San Diego at an annual discussion on the future of home lending. At the top of his agenda, the Obama Administration's plans to eliminate Fannie Mae altogether - but some side stepping was involved. However slippery Williams and other officials have become, it's clear lending may never be the same again.
US Real Estate

NAHB Upbeat About 2011 Housing Starts

By Phil Butler | January 16, 2011
Economists who appears at the Orlando NAHB International Business' show last week suggest the housing market will see gradual improvement this year. Citing recent momentum as the reason for optimism, the group expects the industry to seek higher ground in 2011.
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