Bank of America's Matt Vernon Pushing Cooperative Short Sales
Earlier this week a top executive at Bank of America told an REO conference in Dallas that the lender would be focusing more on short sales than ever before. At first hearing this, I assumed it was because of the government's Home Affordable Foreclosure Alternative...
Another Blow For Housing…Refinancing…going. going…gone?
A surprise in this morning's weekly mortgage applications report from the Mortgage Bankers Association. I'm not talking about the part that said purchase applications tanked another 5.7 percent, now down 42 percent from where they were at the end of the home buyer tax...
30 Yr Mortgage Hits 4.58%…Creeping Ever closer to Free Money!
Mortgage rates for 30-year fixed mortgages fell this week, with the current rate borrowers were quoted on Zillow Mortgage Marketplace at 4.58 percent, down from 4.67 percent at this same time last week. This is the lowest rate recorded since Zillow Mortgage...
Sheryl Crow Bailing Out of Tennessee…$7,500,000 for 154 Acres and a Sweet Pad
Singer Sheryl Crow discovered you can take the girl out of the country, but you can’t take the country out of the girl. And so, in 2008, Crow bought a magnificent 154-acre farm about 40 minutes south of Nashville to be near her sister and family in Missouri and moved...
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