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Peter G. Miller is a nationally syndicated columnist who writes about real estate, economic and personal finance. He also writes for various online sites and is the author of seven books (one with a co-author), all originally published by Harper & Row.

joined 2010 Dec 2, 3:32am   United States 64 posts   197 comments   following x   ignore ignoring OurBroker x ignore


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Huge Homes Drive Away Would-Be Buyers (ourbroker.com)
by OurBroker on 3 Mar 2014  44 comments, latest 4 years ago
Homes keep growing in size, families keep shrinking and household incomes are 9 percent lower than in 1999. The inevitable result is that new home sale activity has plummeted: sales...

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Church real estate write-off threatened (ourbroker.com)
by OurBroker on 25 Nov 2013  1 comment, latest 4 years ago
A federal judge says housing write-offs for clerics are unconstitutional. More than $2 billion is at stake as well as big church/state questions. Real Estate: Will Church Ministers Lose Tax-Free...

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Lenders Place 1,000% Mark-Up On Homeowners Insurance (ourbroker.com)
by OurBroker on 24 Sep 2013  10 comments, latest 4 years ago
The state of New York has discovers -- and intends to ban -- the practice of lenders charging as much as a 1,000% mark-up on what is called "force-placed" homeowners...

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Why A Media Shield Law Won't Protect Bloggers (huffingtonpost.com)
by OurBroker on 16 May 2013  Posted 5 years ago
Hi -- I know this is a little off the usual subject but as a journalist and blogger this is important stuff for us, for Patrick and for those who...

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Big Bank Derivative Bets Near $225 Trillion (ourbroker.com)
by OurBroker on 4 Oct 2012  1 comment, latest 5 years ago
The notational value of big bank derivatives is near $225 trillion -- really, trillion. That's up from $120 trillion in 2006. >>>Derivatives are simply bets. They finance no factories, no...

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Should “Old” Folks Get Mortgages? (ourbroker.com)
by OurBroker on 20 Aug 2012  5 comments, latest 6 years ago
Should people age 66 and above get a fixed-rate 30-year mortgage? This is a real question which arose on PBS -- honest. >>>Despite the implication of the PBS question, in...

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How Misplaced Mortgage Fraud Fears Hurt The Market (ourbroker.com)
by OurBroker on 9 Jul 2012  9 comments, latest 6 years ago
Anyone who has recently completed a mortgage application will tell you that the process has become ridiculous complex and picky. One alleged reason is to prevent mortgage fraud but mortgage...

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Wells Fargo Accepts Huge Discrimination Settlement (wellsfargo.com)
by OurBroker on 12 Jul 2012  2 comments, latest 6 years ago
Wells Fargo agreed to pay $125 million to minority borrowers who were "adversely impacted" by discriminatory lending practices. In addition, the company will pay $50 million for community improvement programs...

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Are Foreclosure Reviews A Hoax? (ourbroker.com)
by OurBroker on 11 Jul 2012  Posted 6 years ago
People who think they have been wrongly foreclosed can now apply for an "independent foreclosure review." Sounds very reasonable -- until you look at the specifics. For instance, your case...

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More Than 300,000 Foreclosure Actions To Be Reviewed (ourbroker.com)
by OurBroker on 21 Jun 2012  4 comments, latest 6 years ago
The federal government sent out nearly 4.4 million letters looking for people who were hit with wrongful foreclosure actions. As a result nearly 340,000 cases -- so far -- have...

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Tough Credit Rule Dropped by FHA (ourbroker.com)
by OurBroker on 18 Jun 2012  5 comments, latest 6 years ago
A new FHA underwriting standard set to go into effect July 1st has been dumped by HUD. The rule would have blocked any borrower who had outstanding credit disputes worth...

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Why Low Mortgage Rates Are A Problem (ourbroker.com)
by OurBroker on 6 Jun 2012  20 comments, latest 6 years ago
Low rates are great -- but only for borrowers who can get through the application process. Ben Bernanke says even borrowers with 20 percent down are having a hard time...

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Why The Buffett Rule Is Just A Start (ourbroker.com)
by OurBroker on 16 Apr 2012  7 comments, latest 6 years ago
Should the incomes of the rich and famous be taxed on the basis of the Buffett Rule? That’s the latest question on the political front, a question which explains just...

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Break Up The Big Banks — Now or Later? (ourbroker.com)
by OurBroker on 25 Mar 2012  Posted 6 years ago
There is a very serious suggestion which argues that the time to start breaking up the big banks is now. Why serious? It comes from the head of the Dallas...

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Will debt to China raise US mortgage rates? (ourbroker.com)
by OurBroker on 12 Mar 2012  11 comments, latest 6 years ago
Yes, we owe a lot to China -- more than $1.1 trillion. But how can they collect? In the game of leverage we are ahead. China cannot unload it's debt...

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Texas teen mistakenly deported to Colombia (reuters.com)
by OurBroker on 6 Jan 2012  1 comment, latest 6 years ago
Whoops. A then-14-year-old-girl, a US citizen who does not speak Spanish, was arrested for shop lifting in Texas and so naturally was deported to Columbia. She remained in Columbia for...

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Bank of America severing some small-business credit lines (latimes.com)
by OurBroker on 4 Jan 2012  3 comments, latest 6 years ago
>>>Bank of America Corp., under pressure to raise capital and cut risks, is severing lines of credit to some small-business owners who have used them to stay afloat. >>>The Charlotte,...

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FHA Mortgage Insurance Premium To Rise In 2012 (OurBroker.com) (ourbroker.com)
by OurBroker on 2 Jan 2012  Posted 6 years ago
The legislation passed by Congress in late December which continued the payroll tax reduction for 60-days also increased the cost of using Fannie Mae and Freddie Mac plus -- as...

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Happy New Year: Corporate Profits Up, Taxes Down (OurBroker.com) (ourbroker.com)
by OurBroker on 26 Dec 2011  Posted 6 years ago
“Corporate profits with inventory valuation and capital consumption adjustments) increased $32.5 billion in the third quarter,” says the government. And what about taxes? “Taxes on corporate income decreased $9.1 billion...

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How America got its first Christmas tree : Mortgage Loans, Rates, Home Buying, Selling, Foreclosures (ourbroker.com)
by OurBroker on 22 Dec 2011  Posted 6 years ago
http://www.ourbroker.com/news/
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