Year: 2011

Fannie/Freddie Death March

From HW: Republicans in the House of Representatives unveiled seven more bills Friday to reform the government-sponsored enterprises for a total of 15 since March. Rep. Scott Garrett (R-N.J.) is chairman of the GSE subcommittee and leads the GOP effort to wind down...

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ARM Recasts Coming

From Reuters: Remember way back in 2006, when everyone was in a frenzy to buy a house, any house, with whatever mortgage they could grab? In many cases, it meant signing up for adjustable-rate mortgages that would reset in half a decade. Move forward those five years...

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Mello-Roos to Increase?

From the Coast News: Those who own property in the Encinitas Ranch might want to take a closer look at your Mello Roos Taxes. They are going to increase. Encinitas City Council voted 3-1 April 27 to allow the Encinitas Ranch Golf Authority, or ERGA, to pay themselves...

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Today’s Market Conditions

This is a great depiction of today's market conditions - way to go Eric! Eric Wolff, North County Times Lenders outplay traditional sellers - Setting lower prices means they get their bid  Lenders are doing better than individuals in pricing houses for quick sales;...

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