View from the other side of the road

IT'S BACK....believe it or not ML-09-15 with attachments are back. Called Using First-Time Homebuyer Tax Credits so here are the guidelines: The first thing to keep in mind is you must follow IRS guidance to see if you are even eligible for this tax credit. that website is http://www.irs.gov/newr...

What happened today with rates and what to expect? That is the question many will be asking and I will try an attempt to give some insights. The selling started last Thursday when Bill Gross from PIMCO questioned the AAA credit rating of the US. That is was bad but then Credit Suisse said that th...

Monetize, I am not embarrassed to say that two days ago was the first time in my 52 years I ever saw this word. Since it was in a sentence I had a general idea what it meant, but honestly I wasn't sure. So, at 52, when you see a word you don't know what do you do??? Google it???? No....ol' school...

Yesterday, Secretary Shaun Donovan spoke to the National Association of Realtors Real Estate Summit. In that speech he announced HUD would allow the $8000 Tax Credit for First-Time Home Buyers to be "monetize" as he put it. Here are the details as outlined in Mortgagee Letter 09-15.       Remembe...

Photo taken by my daughter Tara

Today is the first time in weeks I have posted a blog on ActiveRain. What happened? I am not sure why it has been so long but for me I have to "feel" something in order to write. I am not the most creative person you have ever meant and in fact I would say it would be fair to characterize me as i...

Change is the only Constant....how true is that? I have found over my life that change, and nothing else, is the thing I KNOW will take place everyday.   H. R. 1728, mortgage reform legislation passed by the U.S. House of Representatives last week contained language instructing HUD to suspend its...

  The Blue Mosque, Istanbul, Turkey July 2006

Now I bet you are wondering where I learned math? Well...same place you did school. However the equation above is real world math, not the math they teach in school. There is a case that should catch every one's attention. Why, because this case, in my opinion, outlines some of the most innocent ...