• Cerberus Seeks to Bankroll Investor Landlords by

    (Reuters) - Private equity firm Cerberus Capital Management wants to provide financing to small investment firms that are buying foreclosed homes as part of a long-term bullish bet on the housing recovery, according to four sources familiar with the situation.

  • Foreclosure Specialist Indicted Over Kickbacks by

    (AP) — Federal prosecutors say a former Orange County foreclosure specialist for Fannie Mae has been named in a grand jury indictment saying he took kickbacks from a real estate broker in exchange for granting him properties to sell.

  • Fannie Mae: Economic Growth Poised to Strengthen by

    (Fannie Mae) -- The strong jobs report and the rebound in consumer confidence in February suggested that businesses and consumers set aside their worries about fiscal drag ahead of the looming sequestration deadline, according to Fannie Mae’s (FNMA/OTC) Economic & Strategic Research Group. Activity in both the stock and housing markets also picked up recently and continues to act as a tailwind for the economy. Furthermore, the pace of manufacturing and service activity has expanded at a healthy pace and should contribute to growth this quarter. Although income and consumer spending took a hit at the start of the year and may slow again due primarily to tax increases, overall economic growth is expected to pick up in the second half of the year, coming in at 2.1 percent in 2013.

  • Buying a Home Called a “Foolish Mistake” by

    Buying a house makes a national list of the most foolish mistakes American adults feel they have made, according to a survey released to coincide with April Fools’ Day.

  • Energy Independence and Freedom! by

    An associate recently asked the question “why do we have to pay to live on planet earth”? Along with that, I have then heard complaints as to the costs of utility bills, whether they are an owner or an investor. Some Americans, frustrated with the cost of fossil fuels, are researching alternative options today in facing a different economy as well as climate change. Before you turn the page or look away, what if we had more choices in deciding the future of both our money and the future?

  • Five Vital Questions You Need to Ask Your LO About HARP Refinancing by

    Many homeowners across the country are underwater - stuck with a mortgage that is higher than the present value of their home. To make matters worse, a vast number of homeowners faced with this predicament have had difficulty qualifying for normal refinancing loans.


Is TILA-RESPA a good or bad thing long term?