The Prognosticators Had It All Wrong

An email I received from a Empowered Investor Network member… Jason, I was reading an article in Newsweek that made me think about the seminar I attended at Platinum. Basically David Lereah the old spokeshole for the NAR, which I’m sure you know has...

Homes in foreclosure top 1 million

More than one million homes are now in foreclosure, the highest rate ever recorded, according to a trade group which warned Thursday that number will continue to climb. The Mortgage Bankers Association’s first quarter report showed that a record 2.5% of all...

New York proposes 1-year moratorium on foreclosures

Legislation that would give some New Yorkers facing foreclosure a one-year reprieve has passed the state assembly as part of a package of four bills aimed at stemming foreclosures. Assembly Bill 9695 [1] would allow courts to impose a one-year moratorium on...