Ar_home_b_search
 



gse: What'll they call subprime loans next time around? - 10/24/11 06:18 PM
Lower conforming loan limits back to 2007 levels? Whose bright idea was that?
Another cluster **** from a government reeling from one uninformed decision to the next. It seems every time you turn around someone from the administration is bemoaning the state of housing in the country today. Housing has pulled us out of 6 of the last 8 recessions - why not this one? 
Why? Because Washington says one thing and does the complete opposite. Or one branch does one thing while another branch acts to negate the first (see: PACE Program). Is it any wonder confidence is at record … (25 comments)

gse: National Association of Realtors® Issues Brief: Mortgage Interest Deduction, GSE Loan Limits & National Flood Insurance - 08/12/11 07:40 PM
This is the most recent Issues Brief issued by NAR. In one page summaries it outlines the major talking points the Association is following for in-district meetings with our Congresspeople. They're on vacation right now you know, exhausted from the crippling mano a mano over the debt ceiling. Will Rogers used to say "The only difference between death and taxes is that death don't get any worse every time Congress meets."
The next 100 days or less is critical to housing. Both higher conforming loan limits and the National Flood Insurance Program are scheduled to expire on September 30. the NFIP … (2 comments)

gse: FHA's Dave Stevens Talks. WE created the mess. THEY'll fix it. Oboy. - 04/19/10 06:47 PM
This morning we were treated to an hour long conference call with FHA Commissioner Dave Stevens, courtesy of NAR. Long-time readers know I'm a fan of Stevens, even got a nice comment from him on a blog I wrote last fall following his address at NAR. I think it's a good thing to have somebody in his position who actually knows real estate, knows what it takes to sell a house, get a mortgage, work a short sale, etc. As introduced this morning, they said it's 'refreshing to have someone who knows our industry.' I concur.
Stevens started his talk saying … (5 comments)