Causes For Optimism in the Nation’s Housing Market (via Total Mortgage Services)
A recent article in the Wall Street Journal begins on a downward note. Says the WSJ: economists project U.S. gross domestic product growth will slow in the final three months of the year from the sluggish 2% annual rate in the third quarter. Businesses, unnerved by the prospect of federal tax increases…
Housing Market’s Recovery Picking Up Steam
The housing recovery has surged in the past three or four months and through the end of October stands significantly closer to pre-meltdown levels than it did just a year prior, according to new data from the real estate tracking firm Trulia. Based on a number of factors, the housing market now stands…
FOCUS: Short Sale Fraud (via http://mortgagespectator.com)
A number of people in an attempt to get out from under a crushing mortgage have resorted to short sales in an effort to move on with their lives. What is a Short Sale? A short sale occurs when the house owner is in danger of forfeiting on the mortgage and is allowed to sell the house for less than…
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