Archive for March, 2010

Flat Hunting

Flat hunting can be very frustrating for several potential tenants. Often the variety of options available to these tenants are a source of overwhelming frustration for the tenants. With so many attractive alternatives it can be tough to select just one. However, there are several tips which can help to ease the process of Apartment [...]

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Principal Forgiveness:  And Now We All Pay

The government is officially giving borrowers back home equity. Yep, somewhere between $35 and $50 billion worth. Of course we’ve all lost over $5 trillion, but who’s counting? Lenders still aren’t required to do it, but they’re going to get an awful lot of taxpayer-funded incentives to do it.

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Treasury Confirms Underwater Help

I wanted to call this blog, “Hammering HAMP,” but I knew before I wrote it that my editors would nix that. But what a show at the House Committee on Oversight and Government Reform today, as members questioned one of the members of the TARP oversight panel and then got to blast Asst. Treasury Secretary Herb Allison (he’s the former Fannie Mae exec who now watches over the Treasury’s housing bailout).

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Will Treasury Adopt a Mortgage Plan Like BofA’s?

The reason this program is so important is because something is in the works over at Treasury to do a progam like it. News of that may be coming later this week, according to sources.

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Huge Jump in Homes for Sale

I saw some analysts claim this is a seasonal effect, as sellers get ready for the Spring market, but the Realtors said it is a much bigger jump than usual, in fact the biggest they’ve seen in a few decades.

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