Are You Ready for “Septaper”?

August is winding down, and investors and financial gurus – not to mention the little guys holding residential mortgages – are warily eyeing the advent of “Septaper.” the media’s dreadful new name for the Federal Reserve’s promised drawing down of its massive mortgage...

Fannie Mae and Freddie Mac’s Foot Dragging Helps Homeowners

As new housing policy plans circulating in Washington plot the demise of Fannie Mae and Freddie Mac, the two mortgage lending giants are posting record profits. But according to a new report by the Federal Housing Finance Agency, which owns the two firms, those...

Can a California Town Rock the Mortgage Industry?

In a move reminiscent of feudal days, a California city is making a novel move on struggling homeowners that could affect the mortgage lending industry all over the country. In an effort to reduce the number of foreclosures in town, Richmond, CA is using its right of...

Is Retirement Dead? The Rise of the Encore Career

The “American Dream” of retirement – hang up the working clothes at 65 and hit the golf course – is becoming an impossible dream for many Americans who keep on working because they can’t afford to retire. But still others are choosing to delay or skip retirement...

Home Office Deductions: Get What’s Coming To You

Investing in income property brings with it a long list of tax deductions – benefits for homeowners that include repairs, maintenance and even travel. One of the most important deductions relating to investment property is the home office – yet it’s a write-off many...