All Posts Tagged With: "publicity"

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Principal Reduction will solve the housing crisis and jumpstart the economy!

by Tanya Marchiol:  Two words that seem taboo in this down turned economy and horrific housing crisis are “Principal Reduction”. Are the geniuses that created this mess at the banks going to keep telling us how impossible this concept is when nothing they do even dents the problem, but actually continues to exacerbate it? Principal [...]

December 1st, 2011 | tmarchiol | 27 comments | Continued
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Federal National Mortgage Association

Fannie Mae is the nation’s largest mortgage buyer and a financial juggernaut that affects the lives of tens of millions of home buyers. It was taken over by the federal government on Sept. 8, 2008, along with Freddie Mac, as the two mortgage giants struggled with deep losses and investors lost confidence in the pair. [...]

November 15th, 2010 | tmarchiol | 0 comments | Continued
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Realtors Ask Mortgage Industry to Ease Underwriting Policies

by Jann Swanson  The National Association of Realtors® (NAR) used the forum of its 2010 Conference in New Orleans to urge the lending industry to make things easier to qualified buyers to become homeowners.  NAR appealed primarily to the public sector, i.e. FHA, Fannie Mae, and Freddie Mac, which it said account for more than 90 percent [...]

November 9th, 2010 | tmarchiol | 1 comment | Continued
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Fed Dissenter Hoenig Offers Input on Housing Finance Reform

by Jann Swanson on    There are several factors that argue for this approach, he said.  First,the crisis clearly shows that a mortgage finance system based on encouraging the ratio of debt to equity places households at significant risk and creates unsustainable trends in housing expansion.  Such policies also create harmful distortions in the economy and are [...]

November 5th, 2010 | tmarchiol | 0 comments | Continued
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Five places where land is free

 In the spirit of settling the wild, wild West, some communities are giving away free land lots. What’s the catch? You have to agree to build a house (or park a mobile home) and live in it. For the most part, the places doing this are rural communities without much in the way of work [...]

November 1st, 2010 | tmarchiol | 0 comments | Continued
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The Short Sale Alternative

 By SARAH MAXWhen newlyweds Justin and Rebecca Rakitin starting shopping for their first home in the Fort Lauderdale, Fla., area last year they assumed the process would be quick and easy, with a $8,000 first-time buyer tax credit at their disposal and ‘For Sale’ signs littering every block.In fact, most of the listings in the Rakitins’ [...]

October 14th, 2010 | tmarchiol | 0 comments | Continued
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Buying a home – Top things to know

1. Don’t buy if you can’t stay put. If you can’t commit to remaining in one place for at least a few years, then owning is probably not for you, at least not yet. With the transaction costs of buying and selling a home, you may end up losing money if you sell any sooner [...]

October 4th, 2010 | tmarchiol | 0 comments | Continued
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5 Reasons To Buy a Home

ROI SEPTEMBER 16, 2010, 7:13 A.M. ET Sure, maybe there’s more pain to come in the housing market. But when Time magazine starts running covers that declare “Owning a home may no longer make economic sense,” it’s time to say: Enough is enough. This is what “capitulation” looks like. Everyone has given up. After all, at the [...]

September 16th, 2010 | tmarchiol | 0 comments | Continued
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5 things you must know about homeowners insurance

By Sarah Max, contributing writer September 2, 2010: 3:14 PM ET(MONEY Magazine) 1. Loyalty is overrated Many insurers have been raising rates to make up for losses they suffered during the financial crisis, industry experts say. At the same time, insurers are competing hard for new customers, which means some of them are cutting better [...]

September 13th, 2010 | tmarchiol | 0 comments | Continued
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Housing quagmire: Is it time to remove relief?

by Nin-Hai Tseng, reporter September 2, 2010: 6:06 PM ET FORTUNE — 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 mortgages after seeing [...]

September 8th, 2010 | tmarchiol | 0 comments | Continued
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How Foreclosure impacts your credit

NEW YORK ( — If you’re delinquent on your mortgage, your credit score will suffer. Everyone knows that. The question is, by how much? Until recently, those answers were hard to come by. Credit bureaus were uncommunicative about expressing, in points, just how much impact different foreclosure types of mortgage delinquencies have on scores   [...]

April 22nd, 2010 | tmarchiol | 0 comments | Continued
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House flipping makes a comeback

Flippers swoop in at public auctions of foreclosed homes, buying from banks eager to move the troubled properties off their books. By The Wall Street Journal Four years after the collapse of the U.S. housing bubble , flipping homes is back in fashion. Jon Mirmelli, a Phoenix real-estate investor, learned late in the morning of [...]

January 3rd, 2010 | tmarchiol | 0 comments | Continued
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Buying? Selling? Don’t undervalue the home

Here are five things you need to know about getting a fair appraisal.    1. The new rules don’t guarantee accuracy After the bust, lenders came under fire for pressuring appraisers to inflate property values. Now banks are largely required to work with independent appraisers, which should help fix the problems that may have led [...]

August 2nd, 2009 | tmarchiol | 0 comments | Continued
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Realty Viewpoint: NAR Battles Bad Press With Housing Facts For Consumers

by Blanche Evans  The NAR’s new website — — is designed to give homebuyers and sellers information that illustrates the value of real estate as a long-term investment. Why do you need to be told the obvious? The NAR spends over $40 million annually on public service messages, but the news media typically turns [...]

May 19th, 2009 | tmarchiol | 0 comments | Continued
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The safest ways to buy foreclosures

By With interest rates at record lows and the stock market looking too perilous for small investors, many people are putting money in an asset they understand — real estate.One of the best places to invest is in foreclosures and bargain residential real estate.The current market conditions make it a perfect time for a [...]

April 21st, 2009 | tmarchiol | 0 comments | Continued