Read this report also.
Housing prices on the rise – Downey Real Estate
Please read this report on house prices are finally rising in certain Los Angeles Areas. If you have not done so, you should consider buying NOW.
The ethics of Loan Modifications – Downey Real Estate
Great NPR interview with Barry Ritholtz from http://www.ritholtz.com/blog/ regarding the Ethics of loan modifications. It’s only 3 minutes and worth you listening to it here.
The Pros and Cons of Saving your Home
BofA sued for not modifying home loans
Find what a homeowner didwhen his loan was not modified.
Financial Reform Summary
Some thoughts on this:
1. A consumer watchdog agency is created to protect the public. The watchdog is to be housed inside the Federal Reserve,that is not Federal and not a Reserve in any case. So who is to watch the watchdog? I guess it’s better than nothing.
2. Limits on CEO compensations. that’s good, it gives the shareholders voting rights. CEOs can’t cook the books, get paid MILLIONS and then release the real books.
3. Won’t let the companies get TOO BIG. Who determines this? In any case they are trying to avoid another AIG.
Please read the summary at this link.
New Foreclosure prevention program – Downey Real Estate
4/5/10 new foreclosure prevention program HAFA taking effect. Challenges still expected for all short sales. Downey real estate. http://TheMortgageSpin.com. Read Report.
1 Million Foreclosures since ’08 – Downey Real Estate
Downey Real Estate – Over 1 million homes lost to foreclosure since ’08. You have options to avoid this from happening to you. Read the report here http://TheMortgageSpin.com – DPPHVQQKZ6XF

