In a recent Reuters article (here), authors Ann Saphir and Lindsay Dunsmuir note that the Federal largesse of trillions of dollars currently being spent to
For a brief history of the multiple extensions of the The Mortgage Debt Relief Act of 2007 (“the Act”), go to my June 2017 post here.
Some good news from the latest RMLS™ Market Action letter. New listings for May 2017 reached 4,388, which was 5.9% higher than May 2016, at 4,144.
For those who experienced, even tangentially, some of the fallout from the housing and foreclosure crisis, circa 2007/8 – 2012, most are aware of the
“Trickle-down did not work. It got us into the mess we were in, in 2008 and 2009,” Mrs. Clinton said, referring to the idea that
In the July 23, 2015 Wall Street Journal, former Senator Phil Gramm, wrote about the “double whammy” effect of Dodd-Frank (here). First, it “…has hit
Like the pig through the python, we are still seeing homeowners slowly going through the unpleasant process of foreclosure, seven years after the housing and
Quantitative Easing (“QE”) & Tapering. QE is a process whereby the Fed purchases large quantities of long-term securities held by big banks. The Fed prints
“…the Obama administration may represent “Peak Left” in American politics, and what we are getting from the left these days is a mix of bewilderment
“The economic role of the state has managed to hold the attention of scholars for over two centuries without arousing their curiosity.” ~George Stigler, “The
