If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!“Fair housing advocates have been warning the federal government for a decade, to no avail, about the damage that abusive lending would bring,” said Shanna L. Smith, President and CEO of the National Fair Housing Alliance (NFHA). “For too [...]
“It’s not all doom and gloom. We found Americans are optimistic about homeownership despite concerns,” said Steve Berkowitz, Chief Executive Officer (CEO) of Move, Inc. “They’re doing everything they can, from reducing discretionary spending to pay their mortgages, to planning to take advantage of the administration’s new program to stop foreclosures. They’re also working with [...]
Huffington Post - GOP Fighting For Money From Stimulus They Opposed
Housing Wire - Mortgage Lending Down Among Top TARP Recipients
Dr. Housing Bubble - The End of the 6% Commission: Examining the National Association of Realtors and why Agents and Lenders are Going the way of the Travel Agent.
The Big Picture - Homes: Still Too Pricey to Stabilize
Calculated Risk - Comments [...]
The Case-Shiller home price index was released for October today, and (surprise, surprise) home prices are down a record 18% from last year’s levels. This drop marks the 27th straight monthly drop in home prices in the 20 major metro areas tracked by the study.
Surely, it will only get worse with this dismal economy really [...]