• U.S. Home Builders Appeal to Congress for More Housing Incentives by

    According to the National Association of Home Builders (NAHB), oversimplifying the tax code and reducing financial incentives for housing could hurt the American middle class and widen the gap between the super-rich and everyone else. Such was the testimony presented to the U.S. Congress by economist Robert Dietz on behalf of the NAHB.

  • Homeownership Makes Most Americans Poorer by

    From 2009 to 2011, the mean net worth of the top 7 percent of American households rose by 28 percent, while the mean net worth of households in the lower 93 percent dropped by 4 percent, largely because wealthy Americans have the bulk of their holdings in stocks and bonds while most Americans rely heavily on home equity for their personal wealth.

  • High Rates of Default Among HAMP Borrowers by

    Among the various White House initiatives aimed at reducing the devastating numbers of foreclosures that have plagued the United States over the last few years, the Home Affordable Modification Program (HAMP) has been a controversial target of both praise and criticism. According to a recent report by the Office of the Special General for the Troubled Asset Relief Program (SIGTARP), the delinquency and default rates among many of the earliest HAMP recipients are reaching levels of deep concern.

  • U.S. Mortgage Delinquency Levels Drop Significantly by

    Mortgage delinquencies, defaults and foreclosures have been an absolute drag on the United States economy since the bursting of the housing bubble years ago. As the housing market recovers, however, the number of borrowers unable to make payments or hold on to their homes is thankfully diminishing.

  • The Many Ways to Be Relieved of Your Timeshare Obligations by Ryan Smith

    While it is true that a timeshare contract is a binding legal document, it is often mistakenly thought that such a contract cannot only be cancelled. In fact, most timeshare companies maintain that their contracts are non – cancellable. This misconception is perpetuated by timeshare companies and user groups that are funded, maintained and controlled by the timeshare industry.

  • In Search of the Silver Bullet by

    As a licensed contractor and real estate broker, I’m constantly inundated with emails of products which will cause me to make tons of money if I buy into their hype. I often attend conventions where many other products and coaching companies pitch their wares which will be the “Silver Bullet” to my success as I make strides against my competition. I walk through and bookstores and grab the latest self-help manuscript that proclaims great wealth for me, if I follow their plan. I, like many others have purchased programs, coaching CD’s, books, attended seminars; looking for that Silver Bullet that will give me a step ahead of my competition, and just like my competition, I discovered that the Silver Bullet was nothing more than chrome plated hype. But all was not for a loss, I did gain some knowledge and a few tips, which some have helped me gain additional income.


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