Monthly Archives: October 2013

Now that the CFPB has defined the QRM (see CFPB & the Qualified Residential Mortgage (QRM)), HUD will define theirs and would like your comments…really? The Dodd–Frank Wall Street Reform and Consumer Protection Act requires HUD to propose a QM … Continue reading →

This BLOG post will be updated on an ongoing basis to update you on news about large US banks and their behavior.  My guess is … some of it won’t be good behavior! 10-24-2013: In addition to my other blog … Continue reading →

Investment in small, locally defined areas and neighborhoods may prove more successful than the billion$ spent in this same effort by federal, state, local governments and nonprofits. East Lake Foundation More specifically East Lake Meadows (a.k.a. Villages of East Lake) … Continue reading →

Well, I know this subject isn’t related directly to home ownership, but it is of importance… Apparently the CDC is concerned about our overuse or inappropriate use of antibiotics and that as a society, we may be making ourselves immune … Continue reading →

This is not a recommendation, but a responsible warning…interest only loans serve a purpose, but they have some “gotch-yas”. I wrote about interest only loans and their pros and cons years ago. Gentle words of warning about interest only loans. … Continue reading →

10-7-2014: Venture Homes will build 49 townhomes near South Cobb and Church Roads in Smyrna that will list for $190,000-240,000 – no details on square footage or floor plans…but watch www.venturehomes.com for updates. 8-27-2014: Minerva developers is planning to build … Continue reading →

I am researching any updated information, but.. According to calculatedriskblog, about 4 million loans were seriously delinquent in 2011: about 75% were Prime or Subprime loans, but FHA delinquencies more than doubled in 4 years. Even though the number of … Continue reading →

Are you getting pretty tired of getting jerked around? Housing prices are going up – better buy before they’re too high! Mortgage rates rising – buy NOW! Prices are rising – buy NOW! 11-26-2013: WSJ, 11-23-24-2013, A1 reported housing advances … Continue reading →

Do you know who the real estate you are working with is “working for” – Seller, Buyer, or neither? BRRETA was established to make this relationship more transparent – How’s it working out for you, so far? After establishing the … Continue reading →

Bottom line message: If you do seek termite damage protection, make sure there is a valid, enforceable termite damage repair coverage in addition to the termite treatment last performed at your residence. Ok, volumes of information have been published on … Continue reading →