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Recent Posts
- Bay Area adjustable-rate mortgages return as interest rates rise
- San Francisco’s Housing Market Is Cooling Faster Than Rest of the Region
- Housing Deconstructed Newsletter: Bay Area Housing Market Cooling Down, Burned Out House Listed for $765k, and SJ Offers RV Owners $500
- SF can follow Calgary and turn empty downtown offices into housing
- Bay Area ‘Western White House’ sells far below asking price
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Categories
Homes Millbrae Pages
Tag Archives: Joseph A Smith
As Mortgages Improve, Old Ills Still Hit Big Banks
“The five mortgage services that signed the National Mortgage Settlement are legally required to take specific, rigorous, and enforceable steps to protect homeowners,” Attorney General Schneiderman said. “Wells Fargo and Bank of America have flagrantly violated those obligations, putting hundreds … Continue reading
Posted in Real Estate News
Tagged Analytics, Bank Of America, Blecher, Borrowers, Commissioner Joseph, Consumer Complaints, Delinquencies, Delinquency, homes millbrae, Ills, Joseph A Smith, Lps, Ltv, Mortgage Principal, Mortgage Services, National Mortgage, Negative Equity, Norms, Processing Services, Schneiderman, Wells Fargo
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Why ‘Fiscal Cliff’ Deal Will Help the Housing Recovery
The housing market is on firmer ground today, as two major tax provisions survived the “fiscal cliff.” Congress did not touch the mortgage interest deduction, and it extended tax relief for one year on mortgage debt forgiveness. “An extension of … Continue reading
Posted in Real Estate News
Tagged Aggressive Stance, Borrowers, Debt Forgiveness, Debt Relief, Guggenheim Partners, Home Values, homes millbrae, Housing Market, Joseph A Smith, Joseph A Smith Jr, Loan Balance, Mortgage Debt, Mortgage Interest Deduction, Principal Balance, Principal Reduction, Principal Relief, Securities Group, Streamlined Procedures, Tax Break, Tax Provisions, Tax Relief
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Housing Recovery Depends on Slashing Mortgage Debt
(Read More: Mortgage Deduction Is Popular, but Few Claim It) “The prospect of being taxed on potentially tens or hundreds of thousands of dollars in additional income may motivate more distressed homeowners to forgo a short sale and allow the … Continue reading
Posted in Real Estate News
Tagged Additional Income, Amherst, Bank Of America, Blomquist, Borrowers, Daren, Distressed Homeowners, Foreclosure, homes millbrae, Hundreds Of Thousands, Joseph A Smith, Loan Balances, Mortgage Debt, Mortgage Deduction, Mortgage Interest Deduction, Principal Reduction, Principal Relief, Quagmire, Realtytrac, Securities Group, Thousands Of Dollars
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