Margaret writes in: I have a twenty four year old daughter who is still living at home. She went away to college, but moved back in after college while looking for a job. She’s had a good job now for two years, but has made no move at all…

From RealtyTrac: U.S. Foreclosure Activity Increases 5 Percent in Q3 RealtyTrac® … today released its U.S. Foreclosure Market Report™ for Q3 2009, which shows that foreclosure filings — default notices, scheduled auctions and bank repossessions — were reported on 937,840 properties in the third quarter, a 5 percent increase from…

There will be a Free First Time Home Buyer Seminar on October 24, 2009 from 10:00 AM till Noon and from 1:00 PM till 3:00 PM at Christiana Hilton Hotel in Newark, Delaware . The seminar will cover all the basics of buying a home. It will cover Delaware…

From Austin Kilgore at Housing Wire: Chances Are, Most HAMP Mods Won’t Work: Amherst The Making Home Affordable Modification Program (HAMP) adds another layer of uncertainty for private label securitization investors, making it more difficult to predict cash flows, according to a report by analysts at Amherst Securities Group, who…

California Loan modification companies and attorneys that charge up front fees will have to change their business model as of Monday. via The Sacramento Bee | Oct. 13,2009 Loan modification firms that promise to help struggling borrowers get their mortgages rewritten have been banned immediately from asking for cash…

I was on vacation Monday, when Governor Arnold Schwarzenegger signed seven bills meant to crack down on lending abuses, and thus better protect consumers. So I am writing now about the bills. The main bill he signed is AB 260 , which targets higher-priced loans, the government’s term for…

The real estate market has gone crazy. At the low end we’ve been seeing many offers per house for some time, and recently agents have been telling me there is almost no inventory. Jim the Realtor has been reporting on this in San Diego, see: Hot All Over and The…

This is the thirteenth of sixteen parts of a “book club” reading and discussion of Keith Ferrazzi and Tahl Raz’s Never Eat Alone , where this book on building a lifelong community of colleagues, contacts, friends, and mentors is teased apart and looked at in detail. This entry covers…

From March 29, 1999: A CNBC Promo … Click on graph for larger image in new window. This graph is from Doug Short of dshort.com (financial planner): “Four Bad Bears”. Note that the Great Depression crash is based on the DOW; the three others are for the S&P 500.
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Recently, many potential homebuyers in Arizona have been frustrated by how long it takes to process and close an FHA loan.  Many brokers and bankers are too bogged down or understaffed to handle the influx of volume of FHA loan applications that have become increasingly more popular.  In addition…