Monthly Archives: October 2013

HUD Now weighs in on their Qualified Residential Mortgage (HUD-QRM)

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

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Mega Bank News

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

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Reviving Poor Neighborhoods – Atlanta Style?

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

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Superbugs

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

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They’re bbbaaaccckkk – Interest Only Loans

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

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New Home Developments in Metro Atlanta

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

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Mortgage Loan Delinquencies by Loan Type

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

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Are you following the real estate hype?

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

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Brokerage Relationships in Real Estate Transactions Act (BRRETA)

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

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Termites – Will they eat you out of house and home?

Ok, volumes of information have been published on the subject and most people have an image when they hear the word Termites, but you can learn a little more about them to put potential immediate damage in perspective and how … Continue reading

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