by Franklin Sanders Fundamental problem is that most American Christians think in hermetically sealed compartments. There is God’s pigeonhole and the world’s pigeonhole, and never the twain shall meet. In their minds they have nothing to do with each other and never touch. The missing bridge between Christianity and the world—including investing—is ethics, the application …
What Does Christianity Have To Do With Investing? Read More »
“Seller-financed property purchases are ‘predatory’” — And this financial columnist thinks all seller financing involves land contracts: “the protections offered by the mortgage foreclosure process don’t apply to seller-financed properties, which are also called “land contracts.” What an ignorant statement! READ MORE: http://www.marketwatch.com/story/toxic-home-financing-contracts-should-get-more-oversight-legal-group-argues-2016-07-14
“A look at the pros and cons of this recent drop in mortgage rates shows that they may not be as unambiguously beneficial to the housing market as previous low rates have been.” READ MORE: http://realtormag.realtor.org/daily-news/2016/07/12/pros-and-cons-low-mortgage-rates?om_rid=AADDXn&om_mid=_BXhUU9B9PtsFJp&om_ntype=RMODaily
Florida, Michigan, Texas, Ohio, and California combined for approximately 186,000 completed foreclosures during the year-long period ending in April, according to CoreLogic. This number represented more than 40 percent of the 461,000 completed foreclosures nationwide for the 12-month period that ended April 30. The number of 12-month completed foreclosures dropped by about 14 percent year-over-year …
Investors rattled by the U.K.’s vote to leave the EU have been prevented from yanking their money out of several U.K. property funds in recent days. This is happening in the UK right now. Think it can’t happen here? “Investors may wait six months before they get their hands on what remains of their cash …
Think It Can’t Happen Here? The Risks Of Mutual Funds Read More »
Background to the Gold Bullion Coin Act, Which Created The American Eagle Gold Coins by Joe Cobb, M.B.A. (University of Chicago) Here is an analysis of my first proposal in Congress, which was initially introduced by Rep. Dan Crane (R-IL). My good friend from our university days in Chicago, Bill Mencarow, was a principal staff …
How We Made Gold Ownership Legal After 50 Years Of Federal Prohibition Read More »
Ohio lawmakers passed legislation this week to quicken the pace at which abandoned foreclosures move through the pipeline. “Ohio has now put itself ahead of the national curve in fighting community blight,” Robert Klein, founder and chairman of Community Blight Solutions, told HousingWire. Klein says his Cleveland-based organization has worked for three years to get …
Home prices are rising way too fast compared to people’s income and wage growth. Indicators of another crash? READ MORE: http://www.cnbc.com/2016/06/23/new-warning-lights-for-rising-home-prices.html
A couple in Tampa, Fla., is facing foreclosure even though they have never missed a mortgage payment or did any business with the bank that is trying to foreclose on them. READ MORE: http://realtormag.realtor.org/daily-news/2016/02/18/couple-s-home-for-sale-without-them-knowing?om_rid=AADDXn&om_mid=_BWxiLHB9K6hd8P&om_ntype=RMODaily
HUD announced today (6/30/16) that is making the most significant changes to date for its Distressed Asset Stabilization Program (DASP) that include requiring purchasers of the delinquent loans to offer principal reduction to qualified borrowers. Other changes include prohibiting investors from abandoning low-value properties and offering greater opportunities for non-profits and local governments to participate …
FHA Now Requires NPN/NPL Buyers To Reduce Principal Read More »
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