-
Archives
- August 2011
- July 2011
- June 2011
- May 2011
- April 2011
- March 2011
- February 2011
- January 2011
- December 2010
- November 2010
- October 2010
- September 2010
- August 2010
- July 2010
- June 2010
- May 2010
- April 2010
- March 2010
- February 2010
- January 2010
- December 2009
- November 2009
- October 2009
- September 2009
- August 2009
-
Meta
Tag Archives: Bank Regulations
The Real Estate Market is in flux
I know it has been several months since I have posted, honestly it has been a blood bath out there and tough to stay focused. There have been lots of changes on the Real Estate front to have been beaten … Continue reading
Banks in Real Estate part 1 of 2
Forever it seems, banks have been trying to get into real estate. With all the short sales and foreclosures (2/3 of our sales here in Orlando) they have finally gotten what they wanted. Realtors have fought legislation time and time … Continue reading
Banks Refuse to Recognize HELOC and Second Mortgage Losses
None of us knows how the housing bust will play out. Some contend it already has, but those living in the reality-based community know we have a tremendous problem with delinquencies lenders are unable to resolve. What are we waiting for? Lenders to take losses.
The delinquency problem will be resolved through a combination of loan modifications, short sales and foreclosures. Those are the only three viable options. Loan modifications are proving to fail, so that leaves short sales and foreclosures. Either solution will push prices lower. Continue reading
Posted in Best Of The Storm, Financial News
Tagged Bailouts, Bank Regulations, Foreclosures, HAFA, HELOCs, Home Prices, Short Sales
1 Comment
HAFA: Double-Edged Sword
Every six months or so, Washington’s political will seems to coalesce in support of the only issue where there is true agreement across party lines: The housing market is still broken. Sadly, in our view, the Treasury Department’s Home Affordable Foreclosure Alternatives Program, or “HAFA,” is simply the latest in a series of flawed legislation aimed more at pacifying popular outrage rather than offering real, tangible solutions to the challenges facing the US housing market. Continue reading
Phase Shifts, Stick/Slip and the Demise of Our “Socialist” Housing Policy
Any of several critical factors could trigger the next phase shift decline in housing prices. One of the central ironies of the current “housing recovery” is that it is 100% “socialist,” that is, funded entirely by the Federal Reserve and … Continue reading
Posted in Best Of The Storm, Home Economics
Tagged Bailouts, Bank Regulations, Home Prices, Housing Bubble, Stimulus, The Fed
1 Comment