Peace in the Neighborhood

Services for Real Estate Pros
New York AG Targets Rescue Firms Andrew Cuomo has expanded his investigation and is sending cease-and-desist letters to mortage rescue companies warning them to "immediately end all misleading and illegal conduct." According to the AG's office, a total of 213 of these companies in New York have "...
Mortgage Loan Application Fees Most lenders and mortgage brokers will take your mortgage application free of charge and present you with your loan options.    Since it typically takes some time to do this analysis and present you with the information, they do incur some costs to do the mortgage ...
Where is Your Desk? It is not just about what is on your desk, but it is about where your desk is in your home office.  Move your desk next to or near your office window.  Natural light is the best light, make the most of it. Position your desk perpendicular to the window and your work surface wi...
5% Down Payment for Homeowners...Senate says, "No" I know this is about a month old...but The Senate rejected a proposal by Sen. Bob Corker, R-Tenn., to impose a minimum 5% down payment for virtually all home mortgages.  His proposal was rejected on a mostly party-line vote. The classic line was ...
A Three-Legged Stool With Three Broken Legs...Housing, Economy & Banks. Most of our country is sitting on a wobbly, three legged stool. At times the "stool" may appear sturdy, but the cracking legs of the stool have forced its occupant from its perch time and time again. Yet after each slip from ...
Regulators Struggle to Contain Foreclosure Fraud The government is struggling to hold back a wave of foreclosure "rescue” scams arising from the growing number of homeowners facing the loss of their homes.  Unfortunately, the regulators may be fighting a losing battle. Sadly, there continues to b...
Oil Spill's Impact on Gulf Coast Housing Industry  The Gulf Coast has seen an incredible increase in population in recent years. Homes along the path of the Gulf Coast oil leak are forecast to decline at least 30% in value. We have all seen the incredible pictures on the news every night, and we ...
This Shouldn't Happen in our Country  
Prisoners Getting Paid Homebuyer Tax Credit...Seriously Over 1200 prison inmates wrongly received more than $9 million in tax credits for homebuyers despite being locked up when they claimed they bought a home, a government investigator reported Wednesday. The investigator said 241 of the inmates...

MJ Anton

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