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Appraisal Fraud Plagues Mortgage Market
The housing crisis has many little helpers that have contributed to its devastating effect. Real estate agents and mortgage brokers seeking higher commissions through an inflated home-sale price, have...
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Housing: Some Good News for a Change
From Forbes.com: While no one is ready to call the bottom of the worst housing collapse in decades, there were glimmers this week that the severity could be waning. Reports Tuesday showed the glut of...
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“Bailout” Passes. What’s Next?
From HSH’s Market Trends Newsletter: October 3, 2008 — After an initial and shocking failure, elected representatives spent most of the week scurrying to come up with a “better” version of Treasury...
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New Article From HSH: “The 1% Solution?”
HSH’s latest featured article, “The 1% Solution?,” reports on the latest action by the Federal Reserve and its influence on consumers and the market. As most of you know, the Fed cuts its target for...
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Monday’s Market Trends Recap
The most recent issue of HSH’s Market Trends Newsletter, “Mortgage Rates: It’s All About Change,” leads off by discussing last week’s rise in mortgage rates: October 31, 2008 — Rates go up, rates go...
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“What I Learned from Almost Buying a House”
Freemoneyfinance.com has a very informative and enlightening post that details the author’s experience when he almost bought a house — the deal never went through. The post reveals how the author...
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Thoughts on Foreclosure and Eminent Domain
I was thinking about the plan laid out in Foreclosure Assistance Through Eminent Domain?, in which the National Community Reinvestment Coalition (NCRC) urged Congress to adopt their large-scale loan...
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Subprime Borrowers Will Return to the Marketplace (Part 2)
We postulated not long ago in this blog that the subprime mortgage markets — one of the causes of the mortgage market meltdown — will re-emerge. What we don’t know is when that will actually occur, but...
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The danger of vilifying Wall Street
It’s been a chaotic week of outrage and finger-pointing over the AIG bonuses. Depending upon your view, the bonuses — which were put in place last year and known to the Obama administration since at...
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Hurricane’s coming, are you prepared?
What a week for natural disasters here on the East Coast. After a 5.8 earthquake hit outside Washington D.C., Hurricane Irene is expected to hit North Carolina this morning and work its way up the...
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