Monthly Archive:: January 2012

Independent Analysis: 60% of ‘Good’ Loans Wouldn’t Qualify Under QRM

The Center for Responsible Lending (CRL) and a research institute of the University of North Carolina just released the results of an exacting study on how borrowers would fare under different QRM scenarios and they don’t look good. Let’s...
January 31, 2012

Buy a House or Bury Your Money?

If you’re given a choice to either invest $1,000 in a two-year bank certificate of deposit or bury that money in your backyard, don’t spend too much time thinking about it, because for all practical purposes you’ll come out...
January 30, 2012

Obama Refi Plan Wouldn’t be Hard to Implement

How easy would it be to launch the initiative to help underwater home owners that President Barack Obama talked about in his state of the union speech on January 24? Policy experts speaking with politically active REALTORS® in Washington...
January 27, 2012

GOP Debate Sidesteps Fannie, Freddie Reform

By Brian Summerfield, Online Editor, REALTOR® Magazine A subject we’ve talked about a great deal here on the Speaking of Real Estate blog got some play during the Republican presidential debate last night in Jacksonville. (Transcripts are available here.)...
January 27, 2012

7 Things I’ve Learned in 7 Years of Blogging

By Todd Carpenter, Director of Digital Engagement, National Association of REALTORS® I wrote my first blog post about the real estate and mortgage industries on Jan. 27, 2005. Much has changed, but several truths about blogging have remained pretty...
January 27, 2012

Obama: Speed Underwater Mortgage Refis

President Obama in his third State of the Union speech last night called on Congress to pass a plan to help millions of underwater home owners refinance into loans with historically low interest rates by charging banks a fee...
January 25, 2012

White House Invites SOTU Speech Questions

We don’t know if President Obama is going to talk about housing in his State of the Union speech tonight, but with the economy still struggling it’ll be important to hear his take on things—and, just as importantly, there’s...
January 24, 2012

REO Sales: Success Requires Ramp Up

REO sales are a big part of today’s market and it might make a lot of sense for you to consider getting into this niche. But after talking to two REO specialists in Northern Virgina, it’s clear that this...
January 24, 2012

Sec. 504 Refi Program Could Be Lifeline

By Robert Freedman, Senior Editor, REALTOR® Magazine In the flood of information we try to process on a daily basis, it’s easy to miss something that can be genuinely useful. If you work with commercial property owners, you might...

Lawmakers Expected to Look at Fannie, Freddie Reform This Spring

Since the market downturn several years ago lawmakers in Washington have been talking about reforming the secondary mortgage market but nothing has come out of Congress yet. This year, though, a lot of progress is expected to be made...
January 17, 2012