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No Cheese For You

From desmoinesregister.com: Financial help is moving to embattled homeowners under the $25 billion national mortgage settlement that resulted from abusive foreclosure practices by some of the nation’s...

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House Passes FHA Bill

From dsnews.com: House lawmakers overcame election-year gridlock on Tuesday to punt their version of a bill that would shore up the Federal Housing Administration, whose embattled Mutual Mortgage...

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QE3 Impact on Housing?

In January, 2009 the Fed didn’t hold any mortgage-backed securities. Today they have $843 billion, and yesterday they ”agreed to increase policy accommodation by purchasing additional agency...

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BofA Not Foreclosing

Hat tip to HW for publishing this story, but I’m not sure that they or Barclays grasp the full meaning – that banks are deliberately letting defaulters live for free…..for years. Loans serviced by Bank...

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QE3 To Facilitate Next Bubble?

From David D. at FDL: Analysts have tried to parcel out whether QE3 will really help the economy. The way almost everyone looks at this is about the impact on housing, specifically mortgage prices. But...

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Is China Next?

The looming real estate crisis in China, from 60 Minutes:

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More Free Cheese

More foreclosure-avoidance incentives were announced this week: http://www.mortgagenewsdaily.com/12052014_hamp_mfa_programs.asp An excerpt: “While the housing sector has strengthened in recent years,...

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Kitchen-Sink Foreclosure Avoidance

Hat tip to daytrip for sending this along: http://www.vice.com/read/this-former-bank-regulator-quit-his-job-to-fight-for-his-house-518 Eric Mains is fulfilling a dream many Americans have had since the...

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Boomerang

From the SD Union-Tribune: http://www.utsandiego.com/news/2015/jun/05/foreclosure-shortsale-boomerang-buyers-real-estate/? An excerpt: When Chad Sanfillipo got the keys to his house in Ramona last...

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National Housing Policy

I saw these questions from Ed DeMarco on Twitter. My answers: 1. Have the M.I.D. apply towards primary residence only (not second homes), and lower from $1,000,000 to $500,000.  Those buying in hopes...

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Solutions For The Non-Super-Rich

Hat tip to Eddie89 for sending in this article – he also wondered when we’ll see this around here!...

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More Sermon

More on how the game has changed forever: http://www.housingwire.com/articles/36843-treasury-committing-1-billion-more-to-fight-blight-help-struggling-borrowers? The post More Sermon appeared first on...

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Squatters Still Squatting

Collateral damage from the on-going No Foreclosure era – hat tip to Richard! http://www.nytimes.com/2016/05/15/us/las-vegas-squatters-housing-collapse.html LAS VEGAS — On a drive through this desert...

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Mayor Gets Forgiven

Hat tip to daytrip for sending in this article on mortgage forgiveness: http://www.clarionledger.com/story/news/local/2016/05/21/jackson-mayors-mortgage-vanishes-after-election/83615172/ A few weeks...

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Bank of Mom & Dad

How can the market keep going? Generational wealth distribution! Among respondents with an annual income over $100,000 who anticipate familial help with a down payment, the average expected level of...

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Is China Next?

The looming real estate crisis in China, from 60 Minutes: The post Is China Next? appeared first on bubbleinfo.com.

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More Free Cheese

More foreclosure-avoidance incentives were announced this week: http://www.mortgagenewsdaily.com/12052014_hamp_mfa_programs.asp An excerpt: “While the housing sector has strengthened in recent years,...

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Kitchen-Sink Foreclosure Avoidance

Hat tip to daytrip for sending this along: http://www.vice.com/read/this-former-bank-regulator-quit-his-job-to-fight-for-his-house-518 Eric Mains is fulfilling a dream many Americans have had since the...

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Boomerang

From the SD Union-Tribune: http://www.utsandiego.com/news/2015/jun/05/foreclosure-shortsale-boomerang-buyers-real-estate/? An excerpt: When Chad Sanfillipo got the keys to his house in Ramona last...

View Article

National Housing Policy

I saw these questions from Ed DeMarco on Twitter. My answers: 1. Have the M.I.D. apply towards primary residence only (not second homes), and lower from $1,000,000 to $500,000.  Those buying in hopes...

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