James Barnes's (jbarnes1960) Blog

Texas legislators are trying to impose a sales tax on our real estate and mortgage commissions for real estate transactions. Check out this link from TREC. http://tinyurl.com/yct7sob This must be stopped!    

Since the mortgage meltdown, more than 50% of new home loans are now FHA. Congress in their infinite wisdom, following Barney Frank's lead, is now pushing HR 3706 with Benanke's blessing. What is HR 3706? Just a bill that will require 5% down on all FHA loans and requires borrowers to pay the clo...