In my economic forecast presentations this year one of the mega themes is that people that graduated from a technical school, college or university in the past three years or the coming three years will be more pre-disposed to be renters than home owners. Literally,… Read more
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FBI 2010 Mortgage Fraud Report
Jan03
1
In 2010 alone CoreLogic estimates at more than $12 billion in loans involved fraudulent application data. The schemes and techniques include: Details on these activities are on pages 17 through 21 of the report. In a quick summary of the most often occurring see below… Read more
Report on International Internet Traffic Searching for US Homes
Dec21
3
Point2homes.com, a global compilation of almost 775,000 residential listings, has just released a report on where the viewers are coming from internationally and where they are looking in the U.S. Some really interesting findings include: • 33 percent of the international traffic searching for homes was… Read more
LPS Sued by Nevada AG Over Robo Signing
Dec20
0
Nevada Sues Lender Processing Services Alleging Foreclosure ‘Robo-Signing’ By Margaret Cronin Fisk – Dec 16, 2011 5:29 PM CT Nevada Attorney General Catherine Cortez Masto sued Lender Processing Services Inc. (LPS) , alleging the company falsified foreclosure documents and demanded kickbacks for referrals, sending the… Read more
Top 10 Tax Unfriendly States for Retirees Per Kiplinger
Dec15
0
Kiplinger has analyzed states on economic friendliness to retirees based on higher-than average taxes including income, real estate, sales, estate and inheritance taxes. The 10 most tax unfriendly are included in the table. Kiplinger also includes an analysis of all 50 states. In addition they… Read more
TransUnion Sees Decline in Mortgage Delinquency Rate as 2012 Progresses
Dec12
0
TransUnion has projected a falling mortgage delinquency rate for the last three quarters of 2012—and that’s great news since default rates are precursors to foreclosures. They define a mortgage delinquency as a loan 60 or me days past due. While the delinquency rate is anticipated… Read more
10-Year Treasury Rates and 30-Year Mortgage Rates 6 1340 Posted by on Mar 17, 2009 For the past 36 years the spread between 10-year Treasury note rates and 30-year residential rates on a monthly basis has averaged 1.7 percent or 170 basis points. The current spread between the two i...
Home Prices – Are We There Yet? 75 619 Posted by on Oct 09, 2008 Any parent who has ever been on a trip with a child knows the all too frequent question of “Are we there yet?” That question is no longer exclusively relegated to children on trips—it is now the...
Postponing a Home Purchase Waiting for Home Values to Decline Further May Price You Out of the Market 23 564 Posted by on Apr 02, 2009 U.S. home prices have declined across the nation in the past year—albeit at varying levels. Latest national price declines (and again I invoke the TINSTAANREM Clause — There Is No Such Thing As ...
10 Cheapest Housing Markets 5 537 Posted by on May 31, 2011 While the housing market plunge has evaporated the wealth and investment on million of American households, at the same time depressed prices have made the some of the buying opportunities in perhaps ...
Some Housing Markets Bottoming Out Per Zillow as Reported by USA Today (and some never went down per Ted C. Jones) 2 488 Posted by on Apr 07, 2011 In an article, (USA Today), Zillow believes that at least six housing markets in the U.S. have bottomed out (Las Vegas, Ft Myers, Stockton, Vallejo, Hartford and Columbus). Do not confuse this with ...
Home Prices – Are We There Yet? 75 Posted by on Oct 09, 2008 Any parent who has ever been on a trip with a child knows the all too frequent question of “Are we there yet?” That question is no longer exclusively relegated to children on trips—it is now the...
THE Solution 60 Posted by on Oct 24, 2008 Before you get to the solution you first must accurately define the problem. As The Wall Street Journal pointed out this past week, we are merely treating the symptoms of the financial crisis and not ...
Postponing a Home Purchase Waiting for Home Values to Decline Further May Price You Out of the Market 23 Posted by on Apr 02, 2009 U.S. home prices have declined across the nation in the past year—albeit at varying levels. Latest national price declines (and again I invoke the TINSTAANREM Clause — There Is No Such Thing As ...
10-Year Treasury Rates and 30-Year Mortgage Rates 6 Posted by on Mar 17, 2009 For the past 36 years the spread between 10-year Treasury note rates and 30-year residential rates on a monthly basis has averaged 1.7 percent or 170 basis points. The current spread between the two i...
Apartment Rents, Values Rising As U.S. Economy Adds Jobs 6 Posted by on May 05, 2011 USA Today reports that MPF Research predicts apartment rents will rise 4.3 percent this year and vacancy rates fall 1.8 percent to a 6.2 percent (and since rents are a major component of the Consumer ...
