House Republicans do not think much of the way that the federal government is managing property and the housing crisis, and a new report’s title indicates just how low their opinion really is. The report, titled “Sitting on Our Assets,” blasts the oversight of the entire foreclosure crisis and housing market with special focus on government-owned properties and the waste Read full article »
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One of my favorite sources of up-to-date public opinion information is Rasmussen Reports by pollster Scott Rasmussen, and an article in today's edition really caught my attention. According to Rasmussen's polling, only 23% of the public believes that if a person can't pay their mortgage, it is better for the government to assist in making payments. You'd think, based on the way Read full article »
New Tax on Real Estate Investors Helps Pay for Healthcare: Will Your Real Estate Investing be Impacted?
Now that the administration’s healthcare bill has passed, things are kicking into gear. The Republicans are amping up their campaigns on reversal and repeal; the Democrats are working on setting the thing in stone, and homesellers are getting ready to “do their part,” (like it or not) by making a little less money on the sale of their properties. While there Read full article »
The Obama administration is poised to announce YET ANOTHER initiative to stem the tide of foreclosures in the United States. So far, all of their efforts have been unmitigated failures, and the latest one will directly damage one of the most important segments of the investment industry: Real estate mortgage note investors. Today's initiative is truly horrendous. According to the Washington Read full article »