Keith Davis | February 27, 2009
Originally Posted October 9, 2008
As I watched the debate Tuesday night, I listened as both candidates threw the blame for our current economic crisis on our mortgage debacle. The bubble of housing prices through the US has created negative equity, high foreclosures, which in turn are causing bank failures, etc… We’ve all heard it on [...]
Category: Mortgages, Real Estate |
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Tags: Bubble, McCain, Politics, Recession
Keith Davis | February 27, 2009
Originally Posted October 9, 2008
Seeing as we as taxpayers now have access to $700 Billion of federal money to play with in the mortgage market, I thought it would be irresponsible of me if I did not put forth a legitimate plan for what to do with this money. Yes it involves restructuring debt loads, [...]
Category: Mortgages, Real Estate |
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Tags: Foreclosure, Politics, Short Sale, TARP, Tax Credit
Keith Davis | February 27, 2009
Originally Published on August 12, 2008
On June 9, I wrote about a proposal that was floating through Congress to provide some real incentives to first time home buyers. I wasn’t a big fan of what I was reading at the time, but it appears that what congress has come up with is actually a pretty [...]
Category: Buying, Financial Analysis, Mortgages, Pricing, Real Estate, Selling |
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Tags: Lending, Politics, Tax Credit, taxes
admin | February 26, 2009
Originally Posted March 25, 2008
Today, John McCain called for more transparency in the mortgage market, claiming that such an act would keep us from a situation down the road. The stock market is regulated to death, and attempts to have the perfect market, and thus information is available to all, and valuations are market driven. [...]
Category: Financial Analysis, Mortgages, Real Estate |
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Tags: Keating, McCain, Politics, Transparency