AND THE AWARD GOES TO… [complimentary drum roll here] Jason Furman and James Stock! [Hereinafter collectively referred to as “J&J.”] Both economists,[1] apparently shilling for
In a recent Wall Street Journal article entitled “Mortgage Lenders Ease Rules for Home Buyers in Hunt for Business” by Nick Timiraos and Annamaria Andriotis,
Quoting Kai Ryssdal, of NPR’s Marketplace, “Let’s go to the numbers!” There is no question that beginning in 4Q 2013, the number of foreclosures began
A recent March 21 article by Wendy Culverwell of the Portland Business Journal [“Cover Story: Land squeeze stalls Portland homebuilders”] offers a sobering view of
This question is not just rhetorical. As of January 10, 2014, a batch of new laws became effective across the country, including Oregon. Though the
As 2013 recedes in the rear-view mirror of memory, I thought it high time to ask what were some of the significant developments of the
“Ocwen, Ocwen, Ocwen.” What a peculiar sounding name for a large company! Does it have some noble Greek meaning? Or perhaps a venerated Roman god
For those folks experiencing, or about to experience, a “1099 event” resulting from a short sale, deed-in-lieu-of-foreclosure or foreclosure in 2014, these are harrowing times.
Ever wonder when the foreclosure crisis would wind down? That is an important issue, since “shadow inventory,” i.e. distressed homes not yet in the marketplace,
Generally. Condominiums and townhomes are similar types of housing – almost. The condo owner (technically called the “unit owner”) does not own the entirety of
