201305.30
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Sequestration and Other Short Sale Market Factors

Sequestration has had a profound but graduated  impact on Tidewater, Virginia real estate markets, affecting both civilian and military sectors.   Some civilians have lost future defense contracts but are still finishing existing work and need to be proactive about replacing the work or lowering their personal overhead, perhaps with a home downsizing or a short…

201303.29
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The Great Paradox

Even as Fannie Mae and Freddie Mac trot out new guidelines and regulations to make it easier for struggling homeowners to modify their mortgages, the news comes in today on HousingWire.com that: Loan mod, foreclosure complaints dominate CFPB consumer reports 3/28/13 3:44pm Loan modifications, foreclosures and other servicing issues dominate the Consumer Financial Protection Bureau’s…

201303.15
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Fresh Breeze in 2013?

Anyone who loves sailing has experienced the slow death by calm winds experience.   You sit motionless in the water hoping that either the tide and current are with you or enough air movement kicks up to at least stop your ropes and stays from slapping the mast and making noise whenever the boat tips a…

201302.22
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Zombie Update

Brian Stevens and Frank Garay give their usual lively spin on zombie titles and zombie foreclosures but also give an astute insight into another hidden consequence of zombie titles:     As long as a house (and it’s mortgage) shows up on a borrower’s credit report and the borrower continues to hold legal title despite a foreclosure…

201302.09
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What we can learn from zombies

We’ve blogged in the past on the dangers of “zombie titles”.    But a greater danger of this ongoing recession and insecure time in our country’s economy, indeed in the world economy, is the bankrupting and death of the soul.  It is a profound reflection on our culture that zombie movies and TV shows are so…