Near Irvine CA 92614

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Lender's fear of strategic default will prevent future housing bubbles
By golfplan18 in Irvine CA 92620   3 comments, latest 4 hours ago:
bubblesitter says golfplan18 says Lender's fear Yeah right!

Bloomberg Financial Interview at the BNY Mellon Conference: Housing Reality
By Logan Mohtashami in Irvine CA 92603   41 comments, latest 4 hours ago:
Robber Baron Elite Scum says APOCALYPSEFUCKisShostikovitch says If you can't afford to be bankrupted by a mortgage, you don't deserve to be bankrupted by rent. Exactly. Completely agree. Even rents are way too high. Part...

Foreclosure and eviction from the American Dream - OC Housing News
By golfplan18 in Irvine CA 92620   posted 1 day ago:
http://ochousingnews.com/blog/ Is foreclosure the end of the American Dream, or is it a fresh start and an opportunity for redemption? Source: http://ochousingnews.com/blog/

Mortgage equity withdrawal should be heavily regulated - OC Housing News
By golfplan18 in Irvine CA 92620   1 comment, latest 2 days ago:
APOCALYPSEFUCKisShostikovitch says Commie fucks. Your house. Your money. Get house. Drain equity. Spend. Move on. Do these ASSHOLES! know how our modern economy works?

How to run a personal Ponzi scheme with mortgage debt - OC Housing News
By golfplan18 in Irvine CA 92620   posted 3 days ago:
http://ochousingnews.com/blog/ In its simplest form, a personal Ponzi scheme is borrowing money to pay debt service: acquiring new debt to pay old debt. It’s a path to disaster. Source: http://ochousingnews.com/blog/

Should bankruptcy judges reduce mortgage principal balances? - OC Housing News
By golfplan18 in Irvine CA 92620   posted 6 days ago:
http://ochousingnews.com/blog/ Lenders argue reducing principal balances in bankruptcy proceedings would increase borrowing costs. The federal reserve disagrees. Source: http://ochousingnews.com/blog/

The four fundamentals of housing market prices - OC Housing News
By golfplan18 in Irvine CA 92620   1 comment, latest 1 week ago:
tatupu70 says The article forgot rents of similar properties.

Neurotic people prefer to own real estate - OC Housing News
By golfplan18 in Irvine CA 92620   7 comments, latest 1 week ago:
Call it Crazy says CaptainShuddup says I really really REALLY!!! Wish you guys would buy a house. so You would know what you're talking about. Ha Ha ha... So true... So many of the "experts"...

Americans increase debt servitude and restart Ponzi schemes - OC Housing News
By golfplan18 in Irvine CA 92620   posted 1 week ago:
http://ochousingnews.com/blog/ The exciting era of increasing financial freedom through household deleveraging recently came to an end. Source: http://ochousingnews.com/blog/

Lingering debt from collapsed Ponzi schemes hinders economic growth - OC Housing
By golfplan18 in Irvine CA 92620   posted 1 week ago:
http://ochousingnews.com/blog/ The economy of the 00s was built on millions of personal Ponzi schemes. The residual debt from their collapse weakens the recovery. Source: http://ochousingnews.com/blog/

Renters need more opportunities to build wealth - OC Housing News
By golfplan18 in Irvine CA 92620   posted 1 week ago:
http://ochousingnews.com/blog/ Instead of encouraging home ownership as the best means of acquiring wealth, perhaps government policy should encourage saving and investment among renters. Source: http://ochousingnews.com/blog/

Ferguson: case closed!
By Quigley in Huntington Beach CA 92647   377 comments, latest 1 week ago:
bob2356 says marcus says Btw, I don't claim to be that knowledgeable about grand juries. I just read today that they virtually always indict. Less than 1% of the time that they don't. That's very...

If buyer and seller agree, should appraisers hit the number? - OC Housing News
By golfplan18 in Irvine CA 92620   5 comments, latest 2 weeks ago:
5ader5 says All appraisals are pro forma. No appraiser for a residential shack ever killed a deal, unless they were colluding with the REALTOR to crush the valuation so the REALTOR could sell it to...

Reflating the housing bubble hurts homebuilders - OC Housing News
By golfplan18 in Irvine CA 92620   posted 2 weeks ago:
http://ochousingnews.com/blog/ Lenders, the government, and the federal reserve reflated the old housing bubble and priced out the buyers homebuilders counted on for sales growth. Source: http://ochousingnews.com/blog/

The fantasy of looser lending standards provides false hope for 2015
By golfplan18 in Irvine CA 92620   posted 2 weeks ago:
http://ochousingnews.com/blog/ Everyone in the real estate industry is hopeful for a better 2015. Financial media panders to this hope with stories of looser credit standards. Source: http://ochousingnews.com/blog/

"Kill the Unbeliever"
By Quigley in Huntington Beach CA 92647   4 comments, latest 2 weeks ago:
Strategist says Quigley says "The FBI and DHS recommend that current and former members of the military review their online social media accounts for any information that might serve to attract the attention of ISIL...

Wave of HELOC resets to cause 400% increase in delinquency - OC Housing News
By golfplan18 in Irvine CA 92620   posted 2 weeks ago:
http://ochousingnews.com/blog/ When a HELOC recasts to a higher payment, borrowers default at rates four times larger than normal. Source: http://ochousingnews.com/blog/

Why do lenders and politicians promote HELOC abuse?
By golfplan18 in Irvine CA 92620   3 comments, latest 2 weeks ago:
EInvestor says Just because some/a lot of people misuse any asset, including HELOC, isn't the lenders' or anyone else's fault except the borrower's in failing to use HELOC responsibly. I know many smart investors who...

Should unaffordable housing be a government policy?
By golfplan18 in Irvine CA 92620   2 comments, latest 3 weeks ago:
CaptainShuddup says It has less to do with selling houses, and more to do with justifying practically giving away houses that they couldn't sell at inflated prices to investment companies. I think the archaic word...

Mel Watt is doing a surprisingly good job - OC Housing News
By golfplan18 in Irvine CA 92620   posted 3 weeks ago:
http://ochousingnews.com/blog/ Mel Watt receives criticism from both political parties, demonstrating he balances the competing ends, a competent replacement for Ed DeMarco. Source: http://ochousingnews.com/blog/

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