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Own Vs. Rent Riles Government Housing Policy

Posted by Realty Check with Diana Olick in Uncategorized on February 2, 2012

While homeownership may be a tenet of the “American Dream,” renting is today’s actuality for a growing number of Americans.

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Obama’s Mortgage Refi Plan to Go Through FHA

Posted by Realty Check with Diana Olick in Uncategorized on February 1, 2012

It will go through the government mortgage insurer, the Federal Housing Administration and could cost between 5 and 10 billion dollars, according to senior administration officials.

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Obama’s Mortgage Refi Plan To Go Through FHA

Posted by Realty Check with Diana Olick in Uncategorized on February 1, 2012

It will go through the government mortgage insurer, the Federal Housing Administration and could cost between 5 and 10 billion dollars, according to senior administration officials.

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Housing Demand Defies Fundamentals

Posted by Realty Check with Diana Olick in Uncategorized on January 31, 2012

Anyone with any cash in hand should be buying a house right now. That’s what any real estate agent will tell you, obviously, but that’s also what many investors now believe. Unfortunately, the potential home-buying public…isn’t buying it.

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Housing Demand Defies Fundamentals

Posted by Realty Check with Diana Olick in Uncategorized on January 31, 2012

Anyone with any cash in hand should be buying a house right now. That’s what any real estate agent will tell you, obviously, but that’s also what many investors now believe. Unfortunately, the potential home-buying public…isn’t buying it.

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US Treasury Forcing Mortgage Principal Forgiveness

Posted by Realty Check with Diana Olick in Uncategorized on January 30, 2012

Late Friday the U.S. Treasury Department announced a major expansion of its Home Affordable Modification Program. Now taxpayers will pony up the cash, as Treasury is tripling the financial incentives to lenders and opening the program up to Fannie Mae, Freddie Mac and investors in rental properties.

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US Treasury Forcing Mortgage Principal Forgiveness

Posted by Realty Check with Diana Olick in Uncategorized on January 30, 2012

Late Friday the U.S. Treasury Department announced a major expansion of its Home Affordable Modification Program. Now taxpayers will pony up the cash, as Treasury is tripling the financial incentives to lenders and opening the program up to Fannie Mae, Freddie Mac and investors in rental properties.

No Comments

Robo-Reality: Final Foreclosures Fall as Pipeline Swells

Posted by Realty Check with Diana Olick in Uncategorized on January 27, 2012

The number of new foreclosures in 2011 dropped nearly 40 percent, according to year-end numbers just released by Lender Processing Services; there is, however, little cause for celebration.

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Robo-Reality: Final Foreclosures Fall as Pipeline Swells

Posted by Realty Check with Diana Olick in Uncategorized on January 27, 2012

The number of new foreclosures in 2011 dropped nearly 40 percent, according to year-end numbers just released by Lender Processing Services; there is, however, little cause for celebration.

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New Financial Crimes Unit Could Throw Wrench in ‘Robo’ Settlement

Posted by Realty Check with Diana Olick in Uncategorized on January 25, 2012

President Obama announced he was ordering the U.S. Attorney General to create a “Financial Crimes Unit,” its number one task being to go after the banks for faulty mortgage originations and securitizations.

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