Around The Web - All Comments

re: Real Estate News: Housing Recovery Stalls

Renee Duval — Thu, 30 Dec 2010 01:10:15 GMT

There are some great opportunities out there right now. Buy low so you can sell high!

re: Ally's Fannie Mae Settlement Scales Back Potential BofA, JPMorgan Putback Costs

bps163 — Wed, 29 Dec 2010 19:05:27 GMT

I say make them take back the bad mortgages and deal with it. If they do this Freddy and Fanny will come back to life and start trading up.

re: Ten Economic Questions for 2011

Abram Holland — Mon, 20 Dec 2010 14:29:16 GMT

With housng prices still falling I believe building supplies will need to adjust as well. I do mean all things related to building homes, factories, or mailboxes. Oil prices/energy cost remains unchecked during this recession and most comsumers appear to be okay with energy prices. Cutting taxes at this point in our economic watershed meerly pushes the problem to the right. Spending more does the same thing. What's left? If production is increased more enterprises will go belly up due to high stake competition. In my un initiated opinion the logical thing to do would be to DROP prices. The only way we're ever going to get out of this funky economy is if EVERYONE is willing to sacrifice. I don't think the majority of Americans use their money wisely, judging from the crowds at the ATL malls; "what recession?". If we all could learn to live off of 80% of what we bring home; not worry about looks and appearances to the point of delinquent payments or defaults. Excessive credit card debt, quick and easy fixes, bankruptcies (renege on debts is basically weasling out of responsibility); live off of 80% for five years as a nation. We would as a nation enter into a "modern golden age", and our children and grandchildren would be forever grateful. They would call us blessed.

re: RealtyTrac: Foreclosures To Roar Back in 2011

Corey Sacken — Fri, 17 Dec 2010 16:00:39 GMT

proof that the housing market has receovered......NOT

re: Moody's may shift U.S. rating outlook on tax package

WB Fendley — Mon, 13 Dec 2010 18:18:40 GMT

cut federal spending, such a noval approach.

re: Under 35: Living with Parents vs. Homeownership rate

Mohammad Hossain — Sat, 11 Dec 2010 05:14:10 GMT

I m shocked to see the graph :( http://www.housewithbadcredit.com

re: Foreclosure process 'must be fixed,' Treasury official says

haedo1881 — Fri, 26 Nov 2010 19:35:08 GMT

Hi, Yes, the foreclosure process must be fixed and as soon as possible. The pain of losing one's home is too great for things to remain the same. And there has to come a time when we, the borrowers, can rule instead of being ruled. Eugenia Renskoff

re: Appraisers up Next for 'Wall Street Reform' Brand of Regulatory Do-Over

Ed Connor — Fri, 19 Nov 2010 00:12:59 GMT

Crazy, the author is playing up pressure on appraisers as if appraisers were spineless. I never felt any pressure - I know how to say No.

re: Pressure Builds Over Loan Modifying

Hugh Fitzpatrick — Thu, 18 Nov 2010 09:47:11 GMT

I wonder if anyone will be going to jail because of this mess

re: Foreclosure Delays Provide an Underground Stimulus

Cynthia LuVisi — Wed, 03 Nov 2010 16:07:36 GMT

The Foreclosures delays is helping the economy in my opinion; Why you ask? 1) more time for the people to get over the shock of what had happen to our economy.2) Give a chance to "make it right" the faith in believing America does care and there is justice that stands here in our country 3) Give a chance for the government to think how they will generate jobs for the future and recoup the lost from the business that caused the situation, including the Government itself. 4)Reorganized office meaning time to implement more control so this does not happen again. Must always remember what goes up must come down and the goes back up. The amount it took to come down or go up is double amount to correct the situation. If we did not have these cycles as you can see by avoiding the cycle like the government did and keeping the rates low at the beginning instead at a 7% caused the cycle to worsen itself, so it is taken longer because it has to hit flat bottom to correct itself and it has not yet. Therefore if we would have follow the cycle raised rates when the economy was soaring we wouldn't have been so bad off when we had hit bottom. Therefore everything is a learning experience and this is what drives the economy. We learn and we make it better for the next time (and depending on who is in office at that time). So yes it is good for the economy because we are playing a fare game now. Meaning negations are going on with the homes, everyone is taking responsibility for their side. Judges, Officials, advocates are stepping in to be the referees or the game would not be played right and everything would be disqualified.

re: Foreclosure Fraud For Dummies, 4: How Could This Explode into a Systemic Crisis?

Frank Ceizyk — Thu, 21 Oct 2010 19:21:42 GMT

On behalf of the mortgage industry and housing industry, I apologize for what has happened to you. You certainly did not deserve to have your financial life turned upside down. Hopefully, if you ever need housing advice in the future, you will seek out a non profit housing official in your area who can give you information objectively without having to worry about being "sold" something you don't need, can't afford, or without fully understanding all the risks of what you are buying. If you ever get the urge, it would be helpful to this community to hear your entire story, so we can perhaps learn how to prevent the same thing in the future.

re: Foreclosure Fraud For Dummies, 4: How Could This Explode into a Systemic Crisis?

haedo1881 — Thu, 21 Oct 2010 18:25:33 GMT

Hi, I think this happened for obvious reasons: loan officers and realtors were greedy, sometimes too greedy. In my case, back in 2002 when I bought my condo in Ga,, the greed on their part may have been in part because the market in Atlanta at the time was very soft. There was a lot of inventory. This does not excuse their behavior in any way, shape or form as the experience has had a devastating effect on my life. I lost my excellent credit rating, I became homeless and I cannot trust real estate people any longer. I went from having a pretty good life to having practically nothing. Eugenia Renskoff

re: Homebuyers, Lenders Return to Mortgage Market

Ray Shelton — Sun, 10 Oct 2010 13:03:00 GMT

Re: The outragous letter from the mortgage bankers to our Goverment... This letter is just another attempt to scam the American Public and conned our politicians into creating another late nite passing of a bill that gives a blanket protection for all the fraud committed by the well to do connected fat cats. In the beginning: If the judges had only given the homeowners a fair chance to go to trial the truth about Foreclosure gate (the decades Greatest American Scam) would have been stopped in the very early days. The truth would have come out a long time ago. The Florida bar should be ashamed of themselves for not stepping in and stopping the potential violations by the duly appointed. Where is Eric holder? Still thinking about who he might have to charge or is it another protection deal in the making for the fat cats. They all need to do a better job of policing the predatory lenders and the foreclosure mills who hired the companies that forged all the documents. They should also condemn and fire all the judges who put inocent families on the street via the summary judgements. Dont talk about Robe signers, lets talk about the few Robo Judges. Some Judges all across the country were acting like collectors for the lenders and servicers. some Judges never gave the homeowner a fair chance to prove their case in court, many judges took it very personal and just said pay your dam bills and get the hell out of my court room. Some families may have lost their homes in 90 seconds or less. I am however very proud of the judges who stood up to the fraud and who always did the right thing. But way to many hate the poor who are struggling with debt and they hate them tying up their courtrooms. Just look at some of the sad but very recorded foreclosure cases in Florida and you will see for yourself how the Robe Judges are treating the attorneys and the homeowners. Summary judgments, disrespect for defense attorneys and clients and utter rudeness is common in some court rooms. Rocket dockets and retired judges are the rule of the day in Florida and that may prove to be against the law and violating Americans rights to a fair hearing. Some judges have treated lawyers defending homeowners like idiots and banned most the truth from the court room with their ungodly summary judgments. Talk about Robo Signers what about the Rob Judges who put hundreds possibly thousands of families on the street? Who will eventually pay for the judges mistakes when all the homes sold to new buyers are given back due to fraud? That's right not the judges who took homes its the tax payers. Or will the law makers create another protection bill to cover the fat cats at the last moment. Talk to any defense attorney and you will see how some judges took many homes and put families on the street. Many attorneys say serious violations of ethics and rules of law may have been broken but most wont say it publicly because they fear they might take their licence's. I always believed as a child that all judges were here to protect the people and the American family from fraud and abuse by the big guys but sadly I came to find out that I was very wrong. The real Hero's are the Good judges protecting Homeowners and families, the hard working defense attorneys like April charney, Matt Weidner, Mike Wayslic and many others like Ice legal. Keep up the good work people you will be rewarded. Read more: Foreclosure mess continues to deepen in S. Fla. - South Florida Business Journal

re: About Those Expiring Tax Cuts . . .

Anthony Rich — Fri, 17 Sep 2010 23:24:03 GMT

If the tax cuts are so helpful,, then why did we go into a recession in the first place ?????????????????????????????

re: 10 Reasons to Buy a Home

Michael Tadros — Fri, 17 Sep 2010 02:59:43 GMT

Great atricle to send out to realtor network partners.