Blog Archives

Trying to make sense of the financial "bailout"

I’m going to preface this by saying #1 – I am not a mortgage broker and #2 – this is just plain confusing even to those in the business of explaining to the rest of us. That said…. The Page

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AgentGenius on the Housing Reform Act

For a more in depth look at the Housing Reform Act of 2008 and especially what it will mean for the Capital Gains taxes Рlook no further than to AgentGenuis Housing and Economic Recover Act of 2008 REvealed  Be

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Housing Reform Act of 2008 and the Lake Powell Real Estate Market

Specific areas of the Housing Reform act of 2008 will affect the Lake Powell Real Estate market on both the Utah and Arizona sides. The FHA lending cap which was set to reset to a much lower rate at the

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Down Payment Assistance Programs Look to be Going Away

I’ve written several times over the past few months about Nehemiah and Ameridream, two of the largest down payment assistance programs in the country. A bill eliminating, or severely limiting, Down Payment Assistance (DPA) programs has already passed Congress, is

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HUD, Rating Agencies, The Big Three, and The Ongoing Mortgage Mess

In an attempt to try and get a grip on what has happened in the mortgage mess I read a lot. Tonight there was a interesting article on MSNBC (see article here) about the part HUD, Housing and Urban Development,

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Nehemiah Hud Lawsuit Statement

On March 3, 2008 Nehemiah officials released a statement regarding the ongoing lawsuit with HUD. Background: Nehemiah is the largest of the privately funded, non-profit, downpayment assistant programs. In October 2007, HUD ruled to ban private downpayment assistance programs. Nehemiah

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