Housing Tax Credit was like a Painkiller…
According to a CNN Money article, “The tax credit was like a painkiller for the housing market, but we’ll have to go into surgery to deal with the underlying problems…” I certainly can’t speak for the rest of you, but surgery isn’t exactly a fun experience.  The housing market has taken it’s bumps and bruises, broken bones, etc., but the bandages have to be addressed properly, not just put
Unusually Uncertain – Take it two ways…
The Chairman of the Federal Reserve Bank issued statements today regarding the future of the economy, and the response was that it was “Unusually Uncertain.” That could potentially be taken in one of two ways (or just one end result).  1)  The Federal Government does not know which direction the economy will turn when they inject their new ideas into it, or 2) The Federal Government doesn’t know because
Definition of Terms – Alternatives to Foreclosure
When it comes to the decision for what path to follow for your alternative to foreclosure, there are many terms that are thrown around, most of which might be very misunderstood.  They all have a different approach, as well as a different result. Strategic Default – This is the decision by a borrower to stop making payments on their debt, even though they have the ability to make the
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