Latest Housing Industry News

Octomom is Under the Magnifying Glass, However She is No Different from Other Foreclosure Victims
Foreclosure victims often are not victims. A majority of them have simply overspent, or mishandled their funds. Very few foreclosure victims have no one else to blame but themselves.Octomom is a great example of a pattern I see in numerous foreclosure cases that come across my desk. A classic … [Read More...]

April 2012 State of San Francisco Bay Area Real Estate Market
For those homeowners who have waited out the lull in San Francisco Bay Area Housing market, your patience is now being rewarded!Mortgage rates inched up last week after the Fed signaled to investors that it won't buy more bonds to provide further stimulus to the U.S.economy. The benchmark … [Read More...]

We Answer Confused Homeowners Questions About HARP 2
Harp 2 has confused homeowners seeking refinancing which have led to the outpour of question from our readers. Below are some of the answers to the common questions our readers were asking about HARP 2 and refinancing. Am I required to refinance with the same lender I did … [Read More...]

Comparing Canada and United States Housing Finance Systems – Some Interesting Facts
Canadian government does not have a goal of increasing the rate of home ownership. Rather, they encourage the availability of housing across a variety of tenure types – home ownership, rental housing, supportive housing and transitional housing. The housing needs of low-income Canadians are … [Read More...]
Latest Real Estate News
The Promise To Secure Loan Modifications For an Upfront Fee Lands 5 Orange County Men In Jail.
A 2009 California law protects homeowners forbidding any person or business to charge an upfront fee for loan modification services was breached. The five are charged with at least seven counts of felony grand theft and other charges are:Jacob J. Cunningham, 24, of Irvine Justin D. Koelle, … [Read More...]
Redding Realtor Accused of Stealing From His Listings
Randall Byrd realtor is being charged with four misdemeanor counts for stealing from a home he was listing.He is accused of stealing doorknobs, plates for doors, and locks for doors. Bryd, once a broker for Keller Williams Realty Office in Redding now closed, works for Platinum Properties … [Read More...]
Latest Mortgage News
How to Spot Mortgage Scams and Avoid Home Loan Fraud
It might not always be easy to spot mortgage scams. However, it can help to know some of the warning signs to look out for. Below are six red flags that might indicate you could be dealing with home loan fraud or mortgage scam: A company tries to pressure you to sign over the deed … [Read More...]
When Will the Mortgage Industy Start Revoking Licences – Second NAMB President Signs Consent Agreement with PA Department of Banking Bureau Compliance Investigation & Licencing for Violating and doing Unethical Loans
Current National Association of Mortgage Brokers (namb.org) President Michael D'Alonzo and his company, Creative Mortgage signed a consent agreement with the Commonwealth of Pennsylvania for violations of the Real Estate Settlement Procedures Act and the Pennsylvania Mortgage Licensing … [Read More...]

Life of a Real Estate Agent – If Only This Was True
Don't we all hang out at Starbucks surfing Facebook and Google Plus, telling our families we are pulling listing and comps for a new client. Mother finally feels I made it because I drive a nice car, that is always clean because the big commission I get from leasing apartments such as Trump … [Read More...]