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Browsing All posts tagged under »Real Estate News«
Home Ownership Matters: Home Ownership and Parenting
The impact of home ownership on children has been documented in numerous academic studies, many of which have found that home ownership has a wide range of positive effects. The positive outcomes include: better health; fewer behavioral problems; greater achievement in math and reading; lower high school dropout rates; fewer teen births; more years of […]
Home Ownership Matters: Home Ownership and Parenting
November 17, 2010
The impact of home ownership on children has been documented in numerous academic studies, many of which have found that home ownership has a wide range of positive effects. The positive outcomes include: better health; fewer behavioral problems; greater achievement in math and reading; lower high school dropout rates; fewer teen births; more years of […]
Banks, Congress to Face Off on Foreclosures
November 17, 2010
Banks will appear before the Senate Banking Committee on Tuesday to explain sloppy mortgage paperwork, but observers aren’t expecting much Congressional harmony on the topic. Senators are likely to press lenders on the question of whether “robosigners” are evidence that modifying loans is better than eviction. On the House side where lenders are expected to […]
Securing Your Most Valuable Assets
November 14, 2010
Over a cup of coffee a good Ranger Buddy and I were talking about home security. He enjoys watching the TV show “It Takes A Thief” and how quickly these professional robbers can break into a house that has modern security systems and then escape, usually with the owners vehicle, and not get caught. We thoroughly […]
Mortgage Bankers Predict Rising Rates in 2011
October 29, 2010
Barring any big announcement from the Federal Reserve, rates on 30-year fixed–rate mortgages will climb to 5.1 percent by the end of 2011, the Mortgage Bankers Association predicts. Jay Brinkmann, chief economist of the MBA, said he expects applications for mortgages to purchase homes to stay about the same as they were in 2009, higher […]
Wells Fargo Refiling of 55,000 Cases
October 29, 2010
Wells Fargo said Wednesday that it had made paperwork mistakes and it plans to refile foreclosure documents in 55,000 cases by mid-November, but the company said the mistakes were technical and it doesn’t plan to halt foreclosures. Unlike other major lenders, Wells Fargo had previously refused to suspend foreclosures. It continued to maintain that the […]
Bank of America and The Freeze Before Winter
October 13, 2010
With CEO Brian T. Moynihan citing a need to “clear the air,” Bank of America announced last week that it would halt foreclosures in every U.S. state to ensure accuracy in its documentation. Bank of America, JPMorgan Chase & Co., and Ally Financial Inc. had previously frozen foreclosures in 23 states where courts have oversight […]
Foreclosure Reviews Could Lead to Costly Delays
October 8, 2010
House Speaker Nancy Pelosi has called for a federal investigation of foreclosure sales and evictions. Observers say that if the government gets further involved and millions of foreclosures need to be re-processed, it is unclear how long the job will take and how costs will be allocated. Lenders are rushing to review their own situations. […]
Does Homeownership Create More Stable Communities?
October 5, 2010
Homeowners are more active in their communities, benefit from improved education opportunities, and report higher levels of self-esteem and happiness when compared to renters, according to leading research. A new report from the National Association of Realtors®, Social Benefits of Homeownership and Stable Housing, explores the impact of stable housing and the positive social outcomes […]
The Real Estate Ranger's Blog 
January 18, 2011
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