OOPS… National Associattion of Realtors overstates sales numbersThe National Association of Realtors (NAR) has admitted to grossly overstating.... CONTINUE
Lenders Win Another Round on Condo Foreclosure – ALMOSTJust last week, in Harbour Vista, LLC v. HSBC Mortgage Services.... CONTINUE
Cramdowns – or a Crock of Crap?Representative Zoe Lofgren, a California Democrat, proposed securing meaningful principal write-downs.... CONTINUE
Some real help for commercial property owners?In a bold attempt to further energize the economic recovery, the.... CONTINUE
The “New” Federal H.O.M.E. Program is stupid, Stupid, STUPIDWhat is H.O.M.E. ? The Hardship Outlays to protect Mortgagee Equity.... CONTINUE
15% More to Drop – Prediction for Housing Prices in CaliforniaHistorical trends don't lie. At least that's what "smart people" are.... CONTINUE
CA Real Estate Middle Market – No Where to Go, Just Stuck in the Mud.The Sacramento Bee recently reported that the “move-up” buyer (the one.... CONTINUE
A New Nightmare – A Way for Lenders to Avoid Anti-deficiency Rules?Here’s a thought that ought to strike fear in strategic defaulters....... CONTINUE
“Senior” Retirement Housing. A Sobering Thought.Vickie Elmer, of the New York Times recently reported that "About.... CONTINUE
Take This Loan and … Well, Take This Loan.As you know, I have been preaching that "Strategic Defaults" are.... CONTINUE
This call is being recorded…???Calling a Bank about a loan is THE most frustrating experience.... CONTINUE
When a Bank’s Promise NOT to Foreclose – is a PromiseIn a recent California case (as reported by firsttuesday) "an owner.... CONTINUE