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 Loan modification can-kicking going to extremes
By golfplan18 in Irvine CA 92620 posted 3 weeks ago:
http://ochousingnews.com/news/ If they were forced to write down the losses on their bad loans or approve too many short sales, the losses would drive them out of business — either that, or we would have... |
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 3152 Bermuda Dr., Costa Mesa, CA 92626
By JodyChunder in Costa Mesa CA 92626 6 comments, latest 3 weeks ago:
JodyChunder says Well, the property is likely to be available soon...the neighbors were pretty decent, FWIW. They seemed more concerned and saddened than they did discomfited...could be a great place to call home! |
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No escape velocity as depleted inventory pummels house sales
By golfplan18 in Irvine CA 92620 posted 3 weeks ago:
http://ochousingnews.com/news/ Typically, January is the slowest month of the year for real estate sales. Sales volume rises each month through July or August when it peaks as buyers rush to get into homes before their... |
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Faith in house price appreciation is religion in California
By golfplan18 in Irvine CA 92620 posted 3 weeks ago:
http://ochousingnews.com/news/ Besides, OC real estate has been and will continue to be desirable. Its also very cyclical and I knew there would be another cycle coming much sooner than the bears predicted. This place has... |
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Did stopping HELOC abuse kill the economy?
By golfplan18 in Irvine CA 92620 4 comments, latest 3 weeks ago:
CaptainShuddup says I remember those days. As my wife and I would schlep our meager purchases form BJ's, a few meat and putry items, and a few cases of bottled and canned good, and shove... |
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Great monthly payment affordability is driving sales
By golfplan18 in Irvine CA 92620 29 comments, latest 3 weeks ago:
taxee says David Losh says So, I don't really know how it all works, but think that the global economy is awash in cash, and it's going to where it pays the highest return. They... |
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Low MLS inventory a boon to homebuilders
By golfplan18 in Irvine CA 92620 posted 1 month ago:
http://ochousingnews.com/news/ I discussed the various market distortions resulting from the federal reserve’s zero-interest-rate policy. The inflated asset values are byproducts of the fed’s actions, but with respect to housing, the distortion of market prices is... |
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Is Mark Zandi a good choice to run the GSEs?
By golfplan18 in Irvine CA 92620 1 comment, latest 1 month ago:
Logan Mohtashami says Zandi has one of the worst records on housing calls Epic disaster Associated Press – Feb. 4 2006 “The pendulum, which had been fully in favor of employers, is swinging back in... |
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 Housing Inventory Crisis will Continue in 2013
By Logan Mohtashami in Irvine CA 92603 235 comments, latest 1 month ago:
Logan Mohtashami says robertoaribas says see you in several months, as prices continue to climb. Prices for sure are going up this year, there just isn't enough inventory coming to market fast enough. You would... |
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The only increase in housing demand is coming from investors
By golfplan18 in Irvine CA 92620 49 comments, latest 1 month ago:
CaptainShuddup says bmwman91 says This sort of touches on the greater issue of our single-party government with two marketing departments. Damn that's good stuff. |
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How might the house mortgage interest deduction be changed?
By golfplan18 in Irvine CA 92620 3 comments, latest 1 month ago:
ducsingle5313 says robertoaribas says I imagine it would be grandfathered in, and eliminated or reduced going forward. I don't think giving special treatment to those who currently have mortgages will go over very well. Especially... |
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 Friend is a serial cheater, he has wife and kids... should I rat him out?
By Goran_K in Laguna Beach CA 92651 88 comments, latest 1 month ago:
APOCALYPSEFUCK is Shostakovich says elliemae says AF: you are twisted. But I like it... You know moi. I try to be constructive and find the win-win scenario. |
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New down payment requirements could crash housing again
By golfplan18 in Irvine CA 92620 35 comments, latest 1 month ago:
Goran_K says APOCALYPSEFUCK is Shostakovich says Name one person who has been bagged for laundering money through RE, anywhere but particularly the states. There ain't none in the US because the whole industry is criminalized.... |
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Obama urges lenders to make bad loans to irresponsible borrowers at taxpayer exp
By golfplan18 in Irvine CA 92620 5 comments, latest 1 month ago:
marco says Obama sold out every average American to his Bankster and Wall Street buddies in the first 60 days after his first election. And is still doing it. Here's what a black man with... |
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How likely is a sudden rise in mortgage rates?
By golfplan18 in Irvine CA 92620 2 comments, latest 1 month ago:
unclemat says Do we have solid data on "all cash" purchases? This is being repeated ad nauseum, but I wonder how many of these "all cash" deals are purchases on on short term borrowed cash,... |
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 Karl Rove is Scum
By Quigley in Huntington Beach CA 92647 49 comments, latest 1 month ago:
Ceffer says I put him on ignore a while ago, or wouldn't be able to tolerate PATNET. Reminded me of the crazy, shouting lunatics on Berkeley street corners that would never shut up. When the... |
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Low MLS supply hurting sales but boosting prices
By golfplan18 in Irvine CA 92620 12 comments, latest 1 month ago:
SJ says @inflection point, I was just kidding. |
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Banks are the largest players in the REO-to-rental space
By golfplan18 in Irvine CA 92620 3 comments, latest 1 month ago:
REpro says In a push to simplify mortgage modifications, federal regulators announced a streamlined process that doesn't require borrowers to prove a hardship. Borrowers would see their payments slashed by an average of about 30%.... |
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Now is the time to reform the house mortgage interest deduction
By golfplan18 in Irvine CA 92620 1 comment, latest 1 month ago:
Oil Can says There is should be no tax deduction for owning a home period. We need to encourage retirement savings not spending on consumption items. |
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Orange County house resale volume very weak by historic norms
By golfplan18 in Irvine CA 92620 2 comments, latest 1 month ago:
Goran_K says OC has gone insane. The house I bought in February, my direct neighbor just sold his home for $175,000 above mine and it has less square footage and sat for a total of... |
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