Archive for November, 2007 « Previous Entries Next Entries »

Realius - Bringing Joy Back To Real Estate?

Monday, November 26th, 2007

It may be hard to remember now but there was a time when real
estate was fun
, maybe even fun and games. It was in those long
ago days before falling housing starts, crashing real estate values, and
the sub-prime mortgage debacle consumed so many companies and jobs and so
much time, energy, and newsprint.

Well, if the fun isn’t exactly back, at least the games are.

A new company called Realius debuted recently and it
offers the equivalent of fantasy baseball or football for the real estate
wonk.

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Consumer Bad Credit Repair Guide

Friday, November 23rd, 2007

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GSEs Reported Losses Mean They Are Not the White Knight Some Had Hoped

Wednesday, November 21st, 2007

Some of the financial world may be hoping that Freddie
Mac
and Fannie Mae are at least part of the
solution to the sub prime mess, but the two government sponsored
enterprises (GSEs) seem to have a propensity for getting into plenty of
trouble on their own.

Then James Lockhart, director of the Office of
Federal Housing Enterprise Oversight which regulates Fannie and Freddie
told CNBC television that the two GSEs should…

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Mortgage Rates Steady Among Mixed Economic News

Wednesday, November 21st, 2007

With the exception of the five-year treasury indexed hybrid adjustable
rate mortgage (ARM), href="http://www.mortgagenewsdaily.com/mortgage_rates/">mortgage
rates remained virtually unchanged for the second week in a row
according to the results of the Primary Mortgage Market Survey conducted
by Freddie Mac for the week ended November 15.

“Higher productivity growth in the third quarter coupled with a larger-
than-expected decline in consumer confidence in November sent mixed
signals to the current state of the economy,” said Frank
Nothaft
, Freddie Mac vice president and chief economist.

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Tips for Getting Started on Refinancing your Mortgage

Wednesday, November 21st, 2007

Tips for Getting Started on Refinancing your Mortgage There is an old adage that says if you can improve your

Housing Starts? Hold the Applause!

Tuesday, November 20th, 2007

The national media was trumpeting the good news about housing
start data
released Tuesday morning by the Census Bureau and the
Department of Housing and Urban Development, but it is not clear exactly
what they were cheering about.

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HR 3915 - Getting Warmer

Tuesday, November 20th, 2007

The reason 3915 makes me so incensed is that it will still harm those
who it professes to protect. I could care less about what you think
CAUSED the CRISIS. If you are focused on blame, like
Ralph Roberts and Barney Frank, you are missing the big picture…

Now we get to the hardball… This may shock and amaze
you
. This may be the most radical thing that anyone has ever
suggested, but I just have to say it. I may be shunned for all eternity
for suggesting something so radical, but it has to be done. No more
stalling, here goes nothing:

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Housing and Credit Woes Continue to Weigh on Wall Street

Monday, November 19th, 2007

The stock market by mid-day on Monday was heading toward another hefty
loss and analysts were blaming - what else - fallout
from the sub-prime market for the bearish behavior of investors.

Two big housing related corporations seemed to be
causing most of the concern, but there were ancillary contributions from
an overseas corporation and from the National Association of Home
Builders…

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An extra side of speculation please…

Friday, November 16th, 2007

Recently the Wall Street Journal reported that our good buddy Ben Bernanke is making some changes.. Federal Reserve Chairman Ben

Mortgage Rates Ease for Fourth Straight Week

Thursday, November 15th, 2007

Both long and short term interest rates dropped slightly last week
according to Freddie Mac’s Primary Mortgage Market Survey for the week
ended November 8.

“With mortgage rates remaining low, approximately 38 percent of
applications were for refinance transactions in the
third quarter…”

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