ARCHIVED BLOG POSTS
2009
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YESTERDAY I WAS READING THE FORTUNE 500 COMPANIES VALUE IS 13% BELOW THE VALUE OF 1998 SO YOUR INVESTMENT STARTING POINT IS OVER ELEVEN YEARS BACK. IF YOU HAD HAD BOUGHT HOUSES INSTEAD OF STOCK IN THE 20 LARGEST CITIES THE VALUE OF YOUR INVESTMENT WOULD HAVE ONLY GONE BACKWARDS TO JULY 2003 BASI...
04/28/2009
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In congress right now there is legislation to deal with the mortgage "crises" by allowing bankruptcy judges rewrite home loans the issues with such authority are outlined below Problems with Cramdowns Granting judges the power to modify mortgages in this way would: Raise mortgage costs.The added ...
04/27/2009
Rep. Brad Miller (NC-13), along with Rep. Mel Watt (NC-12) and House Financial Services Committee Chairman Barney Frank, introduced today The Mortgage Reform and Anti-Predatory Lending Act of 2009 aimed at curbing predatory lending, which has been a major factor in the highest home foreclosure ...
04/24/2009
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Billings Area has enjoyed steady upward price movement. Average sales price for a family home in Yellowstone County is $199,566 (2009- thru April 15th) down from $202,842 (2008- thru April 15th). Average square footage for a family home sold is 2299 (2009- thru April 15th) up from 2283 (2008- thr...
04/23/2009
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» Return to Main Releases Page FOR IMMEDIATE RELEASEWEDNESDAY, APRIL 22, 2009 Tom Edwards Public Information Office 301-763-3030/763-3762 (phone/fax) e-mail: CB09-62 Detailed tables Residential Mover Rate in U.S. is LowestSince Census Bureau Began Tracking in 1948 ...
04/23/2009
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Messing With The Mortgage Gods : 9 Different Ways Your Mortgage Approval Could Go Bad Mortgage rates have followed an interesting pattern lately that I'm dubbing the Plunge-and-Surge. In Plunge-and-Surge trading, mortgage rates respond to an outside influence -- usually the government -- by m...
04/22/2009
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Preparing for Homeownership Buyer's GuideBefore you begin your home search at REALTOR.com, prepare yourself by reading Ten Steps to Homeownership.Homebuying GuidesEven before you begin looking for a home, the homebuying process requires diligent preparation. Buyers who have been preapproved for a...
04/22/2009
the Montana legislature has before it in the main appropriations bill a program to lend first time buyers a portion of the the Federal tax refund they would receive if they bout a home. the bill text of that is below if you would like to see the entire bill in house bill 645 NEW SECTION. SECTION ...
04/22/2009
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FEDERAL HOUSING FINANCE AGENCY NEWS RELEASE For Immediate Release Contact: Corinne Russell (202) 414-6921 April 21, 2009 Stefanie Mullin (202) 414-6376 FHFA EXPANDS REPORTING ON HOMEOWNER ASSISTANCE Washington, DC - Federal Housing Finance Agency (FHFA) Director James B. Lockhart submitted to...
04/21/2009
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CA 2008-1Consumer Advisory Comptroller of the CurrencyAdministrator of National Banks Washington, DC 20219 May 16, 2008 OCC Consumer Tips for Avoiding Foreclosure Rescue Scams Foreclosures are increasing nationwide, and so are scams that promise to "rescue" homeowners from foreclosure...
04/21/2009
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