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Putting a New Spin on the “Occupy” Movement
Wednesday, December 7, 2011 - A man from Riverside, California, is taking “National Reoccupy Homes Day” a bit too literally by moving back into his foreclosed home whether it’s legal or not.
Arturo de los Santos’ case is, of course, a special one. He coordinated...
“Mortgage Giants” Suspend Eviction and Foreclosures Over the Holidays
Friday, December 2, 2011 - Fannie Mae and Freddie Mac will not foreclose from December 19, 2011 to January 2, 2012. JP Morgan and Bank of America will follow suit with their own “moratorium” plans, while Wells Fargo will suspend evictions but not the process of eviction...
The Connection between Highway Traffic and Investing
Monday, October 24, 2011 - Jan Brzeski, private real estate investment adviser, relates experiences of how travelling on Los Angeles freeways and connects these experiences with investing.
Brzeski starts off by noting how West LA locals tend to get off the highway at...
Senate Opens Up “Residence Visas” For Foreigners
Friday, October 21, 2011 - You know a country’s real estate market is at its lowest when its government invites foreigners to come buy up property.
Senators Mike Lee (R-Utah) and Charles Schumer (D-N.Y.) have co-authored a package of immigration measures with one particularly...
Fannie Mae; Freddie Mac “Booting” Robo-Signing Lawyer Networks
Thursday, October 20, 2011 - It has been a long time coming, but it’s finally happened: the lawyer networks responsible for so many false foreclosure rulings due to shoddy and fraudulent practices are finally getting cut off.
The Federal National Mortgage Association...
Real Estate the Retirement Choice for Baby Boomers?
Wednesday, October 12, 2011 - Record low interest rates for mortgages coupled with rock-bottom property prices paint a very grim picture of the real estate market in America.
Baby boomers, however, appear to continue gobbling up real estate despite the current difficulties....
Report: Fannie Mae “Knew” of Foreclosure Abuses as Early as ‘03 But Did Not Act
Tuesday, October 4, 2011 - According to a report by Steve Linick, the Federal National Mortgage Association (Fannie Mae) knew about the 2003 allegations of improper and abusive foreclosure practices conducted by law firms.
Linick is the inspector general of the Federal...
Arizona Foreclosure Auctions Subject of New Reality Show
Saturday, September 17, 2011 - Media is rarely sensitive about things that hit close to home, but a new reality show about the “highly competitive world of foreclosure auctions” is a rather risky gamble.
Phoenix, Arizona is the set for “Betting the House” –...
How Do You Know When It’s Time to Buy and Sell Property?
Friday, September 9, 2011 - The state of America’s real estate market is rather depressing as of late, but not all markets are completely hopeless.
Some areas of America are gaining strength – whether it’s just a temporary shift in the market or a steady, long-term...
Making Money by Cleaning Out Foreclosed Homes
Thursday, September 1, 2011 - In a Q&A section hosted by Fox 6’s Elaine Zimmerman, one curious reader wanted to know if it is possible to earn around $10,000 a month simply cleaning out foreclosed properties.
Zimmerman says yes, it is possible and that she knows several...
