by Thomas Feng on January 15, 2013
It’s Tuesday News Day and these are this weeks hot topics concerning the real estate market, the financial market, general market conditions, and interest rates. The New York Times – Writing the “hardship letter” Homeowners having trouble paying their mortgage are often required to write a hardship letter when applying for a loan modification. Such [...]
by Thomas Feng on January 8, 2013
It’s Tuesday News Day and these are this weeks hot topics concerning the real estate market, the financial market, general market conditions, and interest rates. San Diego Union-Tribune – New homeowner protections go into effect Jan. 1 The start of the new year brings more protections to California homeowners, mainly those who are trying to [...]
by Thomas Feng on December 4, 2012
It’s Tuesday News Day and these are this weeks hot topics concerning the real estate market, the financial market, general market conditions, and interest rates. The New York Times – Factoring in commuting costs A recent study by the Center for Housing Policy and the Center for Neighborhood Technology suggests that borrowers of moderate means [...]
by Thomas Feng on November 21, 2012
It’s Tuesday News Day and these are this weeks hot topics concerning the real estate market, the financial market, general market conditions, and interest rates. Los Angeles Times – New short-sale program offers relief for underwater homeowners One of the federal government’s most-important financial relief efforts for underwater homeowners started operating Nov. 1. Making sense [...]
by Thomas Feng on November 13, 2012
It’s Tuesday News Day and these are this weeks hot topics concerning the real estate market, the financial market, general market conditions, and interest rates. Los Angeles Times – Potential borrowers eager to find lenders with superior service A poll by Carlisle & Gallagher Consulting Group found that more than a third of potential borrowers [...]
by Thomas Feng on November 6, 2012
It’s Tuesday News Day and these are this weeks hot topics concerning the real estate market, the financial market, general market conditions, and interest rates. San Francisco Chronicle – Principal relief for stressed homeowners A limited number of underwater homeowners in California will soon be able to get principal reductions of up to $100,000 apiece [...]
by Thomas Feng on October 30, 2012
It’s Tuesday News Day and these are this weeks hot topics concerning the real estate market, the financial market, general market conditions, and interest rates. The New York Times – End is nigh for certain tax exemptions Currently, any debt forgiven by a lender in a short sale, loan modification, or foreclosure is exempt from [...]
by Thomas Feng on October 23, 2012
It’s Tuesday News Day and these are this weeks hot topics concerning the real estate market, the financial market, general market conditions, and interest rates. Mercury News – California home prices rise in September; sales fall A continued shortage of available homes for sale lowered California home sales in September, while the median price reached [...]