The agency is making life easier for mortgage borrowers and tenants facing foreclosure evictions. It has had its problems lately, including being taken over by the government last year because its portfolio of home loans was collapsing under failing mortgage paper, but is now making pro-active de
...
01/31/2009
Home builders have been absorbing severe body blows for a while with their over-priced product and too much supply. Using Las Vegas as an example, the scenario here easily applies to many areas of the country, the troubles really began gathering steam two-three years ago and haven't let up since.
...
01/29/2009
Warren Buffett rarely needs an introduction. By most standards he can be considered as popular as today's movie stars, music performers and sports heroes. As a savvy guru of the business world he has made a tidy sum of money as one of the most revered investors of the last several decades. Whatev
...
01/27/2009
It comes as now surprise. The trend has been talked about in the industry for months and the last time it came up again was at the International Builders' Show held recently here in Las Vegas. But there has been no hard evidence to support that, until now. U.S. Census Bureau has compiled a load o
...
01/25/2009
As foreclosure numbers keep growing nationwide lenders are facing more pressure to make home loan modifications, or workouts, more meaningful. Up to now their efforts have mostly been half measures from the borrower's perspective, backed by recent stats that around half of modified home loans re-
...
01/22/2009
This is an improvement credit applicants can cheer about. For instance, when a house is purchased with a mortgage the borrower's credit credentials are pulled and in most cases the company providing it is Fair Isaac Corporation, the home of the well-known FICO score. It's used to get a look at th
...
01/20/2009
Forecasts of any activity are hard to be accurate about. That's why they are forecasts. Las Vegas Housing Outlook 2009 had attracted the cream of local real estate gurus to discuss the state of the market from here on out. The general feeling among those who stood at the podium and spoke into the
...
01/17/2009
It could make home buying, or even a refinance, a reality. Mortgage interest rates are bouncing around the low 5% mark that ought to draw consumers to the marketplace by the thousands, and it's doing that to some degree. What still keeps many from getting a loan approved, though, are the stringen
...
01/15/2009
2008 is at last behind us and it was what it was. A thoroughly memorable year for the mortgage and real estate industries, and the entire U'S economy for that matter. As years go, a few in the recent history have had as many spectacular market events rumble through the landscape as this one, leav
...
01/13/2009
The latest report from the Southern Nevada real estate market gives the reader a warm feeling, at least for now. It was somewhat unexpected as the winter months tend to slow down a bit. Regardless, local industry observers and home buyers are doing flips over the encouraging turn of events. In it
...
01/10/2009
