insert-headers-and-footers domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/internetpages/srec.internetpages.net/wp-includes/functions.php on line 6131oxygen domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/internetpages/srec.internetpages.net/wp-includes/functions.php on line 6131CEO Charles E. Haldeman Jr. said that foreclosure is the least attractive option from a secondary markets perspective and considers forbearance a viable option to keeping seriously delinquent borrowers in their homes. A full transcript of that conversation is in the October issue of HousingWire magazine. Haldeman said that forbearance, as an option in loss […]
It’s really a sign of the times – we’re so embedded in this housing crisis, and it’s becoming such a part of our culture that it’s actually losing some of its stigma. Get this – 36% of Americans now view strategic default – simply walking away from a mortgage – is acceptable, at least under […]
Will this program finally make a difference? The government is trying to jump-start its so-far weak attempts to tackle the foreclosure crisis by trying to help homeowners who owe more on their homes than they are worth. The Federal Housing Administration will allow lenders to give these borrowers refinanced loans if the lender agrees to […]
Just another attempt by the Feds to provide some relief for homeowners... I’m glad they’re doing something... it’s just that they’re caught in a lose - lose situation. But everything proposed seems like a gimmick compared to what we thought we’d get with TARP. Oh... remember TARP, signed under President Bush? The total cost looks […]
What a great weekend! I hope you guys found time for fun with family and friends... and enjoyed some good weather. I’m posting a few articles I came across early this morning. It’s always a great way to get my head back in the game after some time off. Let’s begin this week with a […]
This is a quick snippet I came across this morning after my workout... The article provides a link to what’s going on in the Central Valley. Hey, I know most of us don’t live in California, but with a population of 38MM it’s still a juggernaut and one of the largest economies in the world. […]
Another good article that proposes a couple good questions at the end to consider... ~josh “For the growing number of struggling homeowners in this country, more help is on the way. Additional aid from the federal government will begin making its way to them next month -- one program would help qualified homeowners refinance their […]
Morning! I just finished up a morning bike ride to get in my daily exercise. My doctor said I’m having back spasms so I’m riding my bike instead of lifting weights. Man does it feel good. Anyway, I was thinking about you while I was riding and I have a question.... Do you negotiate your […]
Here’s a simple question for all of you. If commercial real-estate companies are walking away from mortgages on properties that are now worth less than they paid for them, why shouldn’t homeowners? When homeowners do it, it’s seen as a violation of a business contract. Moreover, the mortgage industry and government then toss in that […]
The troubled housing market is bringing out all sorts of scam artists – people looking to make a quick buck, at the expense of others. Despite tightened lending standards and a greater focus on fraud, the chances of fraud occurring in new mortgages is very high. Interthinx, a California-based company that provides risk mitigation and […]
