Continue reading... AG Settlement: Not Perfect, But Significant Reform of Mortgage Servicing

1. Feds Take Action Against Banks for Misconduct and Negligence Related to Mortgage Loan Servicing and Foreclosure Practices Over the past year or so there have been dozens,...
2. ‘Shoddy’ mortage servicing practices prolonging housing market trouble This past Friday Federal Reserve Board Governor Sarah Bloom Raskin...
3. Victims of bad foreclosure practices can now apply for review and possible compensation In late September I wrote about a plan presented by...

I’m doing this article as I attend a presentation by Robert Shiller, Yale Economics Professor and Co-Founder of the S&P/Case Shiller Home Price Indices at the S&P Housing Summit 2011, as he discussed “Unusual Factors Influencing the Outlook for the U.S. Housing Market.   So it may be a little choppy, but here are

Continue reading... Robert Shiller on the Housing Boom and Bust and where home prices are headed

1. Report confirms home prices still falling; headed toward double-dip Dennis Norman Today the S&P/Case-Shiller Index report for December was...
2. Will jobs fix the housing market or will housing fix the job market? There is a lot of talk in the media today...
3. Home prices continue to fall and continue to point to double dip in housing market Dennis Norman Today the S&P/Case-Shiller Index report for February was...

Continue reading... U.S. Pending Home Sales increase slightly in February; mixed results regionally

1. Home sales cool off in January; down almost 3 percent from December Dennis Norman The National Association of REALTORS Pending Home...

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While many us have been worrying about what is happening to the value of our homes, how to deal with being underwater on a mortgage or even facing the loss of a home, there are many people, families included, in the U.S. whose worry is much more basic….where to find safe shelter for

Continue reading... Homelessness in America

As the real estate market and industry continues to struggle to try to pull out of the dumps, another blow could come soon from Congress in the form of new tax burdens on real estate.

Congress is proposing that all owners of rental properties be required to complete and file 1099 forms for all

Continue reading... Congress Considering New Tax Burdens on Real Estate

According to the Annual Consumer Credit Forecasts issued by TransUnion, Florida is expected to have the highest mortgage delinquency rate by the end of next year at 16.86 percent (up from 13.34

Continue reading... Florida predicted to have highest mortgage delinquency rate next year