Category Archives: Real Estate News

Banks Fight Mortgage Principal Reduction

Page 1 of 3 | Next PageShow Entire Article At the end of a day-long negotiation session over the foreclosure paperwork mess at the Department of Justice, Iowa Attorney General Tom Miller and Associate Attorney General Thomas Perrelli came out … Continue reading

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Big Banks Lose: Mortgage Risk Retention Doesn’t Expire

Page 1 of 2 | Next PageShow Entire Article Yesterday morning I attended the FDIC’s background press briefing before the vote on proposed risk retention rules. While the rules covered a vast ground, I was of course most interested in … Continue reading

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How Low Will Home Prices Go?

Page 1 of 3 | Next PageShow Entire Article Did I say double dip? Well I’m not the only one. Today’s home price report from SP Case Shiller proves the point. Remember, this report is based on the sale prices … Continue reading

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Mortgage Principal Reduction in Play

Page 1 of 3 | Next PageShow Entire Article This week state attorneys general from Virginia, Texas, Florida and South Carolina sent a letter to their colleague in Iowa, Attorney General Tom Miller. He is leading the 50 state investigation … Continue reading

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Why Housing Is Going Through a Double Dip

Page 1 of 4 | Next PageShow Entire Article The sales pace of newly built homes is now at the lowest on record. Sales dropped nearly 17 percent in February after a big drop in January. Put that on top … Continue reading

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