RECENT BLOG POSTS
In the spring of 2006, with reports of computer hacks, lost laptops, and other precursors to identity theft increasing, President Bush appointed an Identity Theft Task Force to investigate the problem and suggest solutions. The group was composed of many of the President's cabinet including the s...
04/30/2007
With reverse mortgages becoming more & more positive for the right client, Bank of America, Charlotte, N.C., has announced an agreement to acquire the reverse mortgage business of Seattle Mortgage Co., the third-ranked producer of federally backed reverse mortgages, for an undisclosed price. Appr...
04/30/2007
                                    At bottom, it's a simple concept: advertisers define an "action" -- anything from a signup to a sale -- and put a dollar value on it. Publishers then look over these action/payment opportunities, along with the associated ads, and decide whether or not to run a...
04/26/2007
Soothing news about inflation was reflected by declining mortgage interest rates last week, although Freddie Mac and the Mortgage Bankers Association were in substantial disagreement about the scale of the changes.According to Freddie Mac's Primary Mortgage Market Survey, the 30-year fixed-rate m...
04/25/2007
Builders appeared to have remained cautious about the housing market in March, pulling permits and starting construction on new houses in numbers little changed from February.The monthly data on new residential construction jointly released by the U.S. Census Bureau and the Department of Housing ...
04/17/2007
                                                    COLLEGE STATION, TX-According to Mark Dotzour, chief economist of the Real Estate Center at Texas A&M University, if you're writing anything good about real estate, then you must be writing about Texas. The Real Estate Center is funded primarily...
04/17/2007
National Association of Realtors economists are projecting that tighter subprime underwriting will dampen home sales and that existing-home prices will decline nationally by 0.7% this year. The updated forecast indicates that the median resale prices will slip to $220,300 in 2007, following a 1% ...
04/17/2007
A coalition of housing activists and civil rights groups has called for a six month moratorium on foreclosures to provide time for financially troubled homeowners with time to solve their problems.The Leadership Council on Civil Rights, The Center for Responsible Lending, The National Council of ...
04/16/2007
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Great infor for Buyers:Genworth Financial Inc., Raleigh, N.C., has announced the introduction of a new and interactive website designed to educate users about mortgage insurance. Genworth said SmarterMI.com features talking tour guides, video testimonials, and animated tutorials to help lenders a...
04/16/2007
Here is a great article I just finished reading on Homeowners Insurance and the affordabiity:"The Senate Banking Committee and one of its subcommittees dealt this week, however superficially, with two issues that should be of interest to a lot of homeowners. Hopefully these won't be problems that...
04/16/2007
Rainer
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