August 6, 2010

Fannie Mae: Friend or Foe?

Fannie Mae has unleashed a new website purporting to give consumers a new opportunity to explore options regarding their home loans including, but not limited to, […]
July 29, 2010

Las Vegas Home Prices Continue To Fall

Unfortunately, Las Vegas home prices bucked the national trend by falling in May according to Standard & Poor’s monthly S&P/Case-Shiller Home Price Indices report.  Prices in […]
July 27, 2010

Will Filing for Bankruptcy Protection Affect My Job?

As Nevada continues to lead the country in per capita bankruptcy filings, many Las Vegans are concerned they might be fired or face other retaliation by […]
July 26, 2010

REALITY CHECK: Loan Modifications Rarely Include A Principal Reduction

Las Vegans are subjected to a non-stop barrage of commercials and advertisements from people and companies promising principal reductions through loan modifications.  However, the majority of loan […]
July 21, 2010

June HAMP Numbers Look Gloomy

The Treasury Department recently released figures that indicate approximately 91,000 borrowers dropped out of the Home Affordable Modification Program (HAMP) in June, putting the total number […]
July 19, 2010

Fraud Still Happening Despite Crackdown by Lenders

Despite the mortgage industry’s recent decline in fraud risk, CoreLogic reports that 1 in 200 home loans still contain misrepresentations that could result in default.  Short sales […]
July 16, 2010

New Foreclosure Numbers For 1st Half of 2010

Nearly 1.7 million homeowners received a foreclosure-related warning between January and June of this year. That translates to 1 in 78 U.S. homes.  It is projected […]
July 15, 2010

Avoid Foreclosure with a Deed-In-Lieu?

The latest question in the local real estate market seems to be about the Deed-In-Lieu of Foreclosure and how it can help.  A Deed-In-Lieu of Foreclosure […]
July 12, 2010

Las Vegas Home Sales Drop But Home Price Remains Stable

According to the latest report from MDA DataQuick,  May marked the first time in 21 months that Las Vegas region home sales dropped below the year-ago […]