As home prices rise, fewer homeowners are underwater, or owing more on their mortgage than their home is currently worth. In the first quarter of 2017, 350,000 borrowers regained equity, which dropped the total number of underwater owners to 1.8 million, according to the latest Mortgage Monitor Report from Black Knight Financial Services, a real …
Sifting through the Internet to find the answer to a specific question can be a daunting task. This article compiles some of the most useful online tax resources. READ MORE: http://www.cpajournal.com/2017/07/12/tax-resources-internet/
Living close to good transport links can be a major selling point for a house, but one property developer seems to have taken things a bit too far. Amused locals have been crying tears of laughter after spotting an embarrassing gaffe outside a local new-build. It looks nice enough from the outside – there’s just …
The real estate industry has been bombarded with cyber crime over the past few years. The risks are escalating as hackers penetrate property transactions, swiping people’s life savings from under the radar. These funds are often never recovered. Real estate cyber theft happens when home buyers receive what seems like a perfectly normal e-mail from …
On July 1, about half of tax liens and almost all civil judgments — both big negatives — were expunged from consumer credit files. The big three credit bureaus — Experian, Equifax and TransUnion — no longer report a tax lien or civil judgment on a consumer’s credit report unless it includes the person’s name, …
As of July 1 credit scores became much less useful. Read More »
SmartAsset, a personal finance technology company, has analyzed its second annual round of undervalued cities in the U.S. Each city had a projected price per square foot based on livability metrics such as unemployment rate, crime, high school graduation rates, number of entertainment and dining establishments, and walkability. SmartAsset then compared that number to the actual …
It’s been around for a while, but few people know about it, thanks to the silence of the drive-by media. If Sen. Diane Feinstein (D-CA) wasn’t a super-liberal and instead was a conservative, the media would have been all over this story. In July 2011, the US Postal Service entered into an exclusive contract with …
Sen. Feinstein’s Husband’s $19 BILLION Real Estate Deal Read More »
According to House Financial Services Committee Chairman Jeb Hensarling, the biggest effect of the CHOICE act will be to strip a great deal of power from the Consumer Financial Protection Bureau. Here’s a primer on the CHOICE Act: https://financialservices.house.gov/choice/
Two U.S. senators working on a bipartisan overhaul of Fannie Mae and Freddie Mac are seriously considering a plan that would break up the mortgage-finance giants, according to people with knowledge of the matter. The proposal by Tennessee Republican Bob Corker and Virginia Democrat Mark Warner would attempt to foster competition in the secondary mortgage market, where …
June 23, 2017 – The Supreme Court constrained the rights of property owners Friday, establishing a test that favors government officials in assessing the loss of property value caused by government regulations. The case concerned a Wisconsin family called the Murrs, who argued that the government has unconstitutionally taken their land by refusing to allow …
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