HAMP

Housing Market Insight – Week of August 16th

by Ryan Hinricher | August 16, 2010

Looking back, last week offered the much awaited HAMP program re-default rate revisions, an update on interest rates, mortgage purchase activity, and a quick count of REO inventory over at Fannie, Freddie, and FHA. We finish up with some thoughts on the current deflation scare and what it means to you as an investor. HAMP [...]

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Housing

Housing Market Insight – August 2nd Edition

by Ryan Hinricher | August 2, 2010

Last week saw critical changes to appraisals, an increase in mortgage purchase applications, the interest rate trend continuing, corrections in last week’s HAMP report, and the new emerging trend; “renter nation”. Appraisal Rules Set to Change Housing Market There were 2 important changes in the appraisal world recently; Fannie Mae is stopping lenders from cutting [...]

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Housing

Housing Market Insight – Week of July 26th

by Ryan Hinricher | July 26, 2010

As we near the end of July, much of the recent housing news has been focused on a double-dip. While much data points to a decline in pricing, signs continue to point to a market which has largely bottomed out recovering. This week’s housing coverage includes updates on builder confidence, an update on interest rates, [...]

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Real Estate

Where is the Real Estate Market Headed?

by Alex Cortez | June 26, 2010

The current real estate market is very volatile and can experience further depreciation with high unemployment rates and foreclosure rates. Are you prepared?

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Real Estate

The Ten Best in RE.net This Week: June 20, 2010 Edition

by Dean Ouellette | June 20, 2010

1 ) REALTOR, it is such a hot button word for many agents. How many agents are told they cannot use the word the way they are using it such as in website names . . . a lot of them. Realtor -vs- Real Estate Agent. When is it Appropriate to Use the Term Realtor? [...]

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Commentary

Watchdog Panel Finds Fed Anti-Foreclosure Program A Big Flop

by Charles Feldman | April 14, 2010

It just ain’t working. The government’s foreclosure prevention program that is. A congressional panel, reports the Washington Post, has concluded that the so-called Making Home Affordable program has, thus far, only “helped” distressed homeowners head off, at least for the time being, about one million foreclosures, by the time all the numbers eventually get added [...]

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Real Estate News

The Ten Best in RE.net This Week: Feb. 6, 2010 Edition

by Dean Ouellette | February 6, 2010

1) On the ethics of “strategic default”… – I understand where Scott is coming from on this post, but some parts of the country are in such a bad position you have to start questioning it. Imagine being in a home you owe $600,000 and today it is only worth $350,000. At some point a common [...]

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Commentary

Foreclosure Mitigation Deemed A Flop: Congressional Panel Tells It Like It Is; Administration Plan Fizzles; Foreclosures Rise; More Expected; Don’t Expect Much More Government Help; Forget About The Banks Bailing YOU Out; Don’t Bother Rationalization; Treasury Strategy Derided As Not Long Term Solution; Did I Leave Anything Out???; No, I Didn’t!!

by Charles Feldman | October 14, 2009

Let’s stop beating around the bush….or, in this case, the Obama. The dismal results are in and there is NO question that the efforts, such as they are, of the Obama administration to effectively deal with the nation’s growing foreclosure problem amount to a failure.

Says who? Well, me, for one. But don’t take my word for it, just read the most recent report from the Congressional Oversight Panel which is charged with overseeing the administration’s efforts to cope with the foreclosure emergency.

Called “An Assessment of Foreclosure Mitigation Efforts after Six Months“–the panel report laments the “limited scope and scale of the Making Home Affordable” program……

And, it goes on to raise serious questions about whether any of the programs now in place will actually lead to permanent mortgage modifications for most or even many disperate homeowners.

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