The story for this month, in finance, is one foretold. Nay, it is a continuation of a story that has been unfolding for several months now. It is a classic good vs. evil battle, and the characters are “all-time low interest rates” and the “inability to access funds”.
Earlier this week, the FHFA (Federal Housing Finance Agency) managed to get a set of new “short sale guidelines” passed by Fannie Mae, Freddie Mac, and the Mortgage Insurers with which they work. While this is great news on the surface, what does it really mean to distressed homeowners?
Yet another lawsuit has been filed against the “big banks” in relation to the lending standards and practices employed by the companies leading up to the housing market crash. What seperates this case from others is the fact that this is the first case brought by homeowners (not government) against an investment bank.
As we approach the deadline to file a lawsuit against the “big” banks for their alleged fraudulent behavior and activity, with regards to their involvement in the housing market crash, we are starting to see a new round of promises for retribution from government “heads” across the country; but are the promises sincere or […]
JohnHart takes a look at past and present real estate of both presidential candidates of Barack Obama and Mitt Romney.
Despite the economy still being depressed, current trends show that right now may be the correct time to get back into the real estate market.
Homes going into default judgement in the second quarter fell 2.9% from the first quarter.
Just how deep do the roots of the Madoff family fraud tree run?
JohnHart Real Estate is now an approved “Chase Priority Partner”, what does that entail? Find out here!
2007 Mortgage Debt Relief Forgiveness Act expiring at the end of 2012, is it too late for a short sale?
