One of the most vocal proponents of the Chicken Little philosophy of real estate is John R. Talbott, who in 2003 wrote the best selling book The Coming Crash in the Housing Market . His new book Sell Now! The End of the Housing Bubble was published this year and has occasioned a lot of press and a certain...
Well now, didn't we say that Michael Oxley was more than just curious? And that Barney Frank might have a bit of an agenda too? That would, of course be Congressmen Oxley, R-OH and Frank (D-MA), Chairman and Ranking Member respectively of the House Committee on Financial Services. Rep. Oxley first caught...
So, why has appraisal fraud gained the foothold that it apparently has in the mortgage granting process ? Is anyone watching the store? According to the Demos Report, there are a lot of people who might be or maybe even are watching, but few who have both the power and the motivation to crack down on...
Back in November we reported that Congressman Michael Oxley (R-Ohio), Chairman of the House Committee on Financial Services had written a letter to the General Accounting Office (GAO) asking for information on the competitiveness of the real estate industry. He was, at that point, focusing on technology...
If you are getting a little muddled by the number and variety of reports about mortgage interest rates, home sales, homes prices, and so forth that we report here, please believe they are not as confusing as they appear. These are among dozens of reports issued monthly, quarterly, and annually on the...