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US Real Estate
Housing Crisis Looms for Older Americans
By
Mike Wheatley
| April 10, 2012
Investing
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Residential
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US Real Estate
Cash Buyers Driving Sales In Housing Market
By
Donna S. Robinson
| March 28, 2012
Many, if not most of the major markets across the U.S. are reporting an uptick in home sales activity. But these are not your new, first time home buyers with FHA loans that are driving this increase, it's real estate investors and foreign buyers.
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Taxpayers On Hook As Government Insured Lending Spins Out Of Control
By
Donna S. Robinson
| March 24, 2012
Even as government agencies settle mortgage and foreclosure related lawsuits, the Dodd-Frank legislation takes effect and the nation grapples with the fallout from the largest credit crisis in U.S. history, the truth is we're no better off today than we were when this entire mess began to unravel back in 2007.
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73 Percent of Consumers: What's a HAMP? Who's a HARP?
By
Broderick Perkins
| March 23, 2012
It doesn't matter that the Obama Administration recently enhanced leading government programs to bail out more underwater homeowners and save others from foreclosure. Most consumers don't even know these programs exist.
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American Enterprise Institute - Why The Next Housing Crisis Is Already Underway
By
Donna S. Robinson
| March 22, 2012
Like a cancerous tumor that just won't go away, another housing crisis is growing ever larger. It's a debt tumor, fed by the blood that flows in the form of government insured mortgages which are in essence nothing more than taxpayer backed guarantees for Fannie, Freddie, USDA, and FHA, to name a few.
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Latest Foreclosure Report - The Glass Is Half-Full And Half-Empty
By
Donna S. Robinson
| March 19, 2012
Realty Trac has released their foreclosure report for February 2012. While there are some spots of encouragement, the over all consensus is that foreclosure activity is again trending upward, now that the "robo-signing" scandal has been settled.
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Real Estate
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Residential
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American Enterprise Institute Says NAR Is Ignoring FHA Insolvency
By
Donna S. Robinson
| March 16, 2012
Created by congress during the great depression to help spur the housing market, FHA has become one of the most important institutions ever created to help fund mortgages for home buyers, especially for home buyers who want a home but have very little money to put down.
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Time Is Running Out For Avoiding Taxable Income On Your Foreclosure
By
Donna S. Robinson
| March 12, 2012
It seems that the ultimate "insult-to-injury" scenario would be to lose your personal residence to foreclosure or a short sale, then find out that you owe taxes on the "income" you "received" as a result. But that is exactly what could happen to millions of homeowners who will face foreclosure or be forced into a short sale on their personal home after December 31, 2012.
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