Tag Archives: federal government

Federal Government Considering Changes to Mortgage Downpayment Amounts

Posted on March 29, 2011 by Alison Moss
a copy of a mortgage note

The Federal Government, in response to the mortgage crisis, is making changes to their rules that require banks that initiate loans have to hold onto portions of those loans. Part of the reason that the mortgage crisis occurred was that … Continue reading →

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Corporate Foreclosures and Individual Foreclosures

Posted on February 5, 2010 by DetonateCreative

In recent weeks major real estate developers have been walking away from properties because like many home owners, they are underwater on their mortgages. Tishman Speyer Properties gave up the 56-building, 11,232-unit Peter Cooper Village and Stuyvesant Town apartment complex … Continue reading →

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First Time Home Buyer Tax Credit Impacts Winter Real Estate Market

Posted on January 18, 2010 by Alison Moss

here has been a lot of talk recently about the impact of the Federal First Time Home Buyer tax credit. The newspapers, the talk shows, the blogs, and the radio dj’s have all been talking about how important it is. … Continue reading →

Posted in Cincinnati Real Estate, Home Buyer Resource, Home Seller Resource, Taxes | Tagged , , , , , , , , , , , , , , , , , , , | 3 Comments

Federal Government Exerts Pressure on Lenders to Modify Mortgages

Posted on December 1, 2009 by DetonateCreative

The Federal Government is looking to increase pressure on many mortgage lenders and banks to follow through with the loan modification that began under the ‘Making Homes Affordable Program’. In the program borrowers renegotiate their monthly payments to a lower level … Continue reading →

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The Mortgage Forgiveness Debt Relief Act of 2007 H.R. 3648,

Posted on December 4, 2007 by Alison Moss

Everyone agrees that people loosing their homes to Foreclosure is bad for individuals, banks, and neighborhoods. In fact so many people are aware of it even Congress is stepping in to help people in better proceed with Debt Forgiveness. In … Continue reading →

Posted in Mortgages and Finance, Property Value, Taxes | Tagged , , , , , | 1 Comment