A few months ago, this blog covered plans by U.S. lawmakers to try and push through some mortgage reform — clearly an uphill battle. According to MarketWatch, any such legislative overhauls may take a while — Congress appears to be in no hurry. However, just because congress isn’t acting doesn’t mean the government isn’t. Last…

There are countless areas in our lives where spending a little bit of money now can save us a great deal in the long run. This Mashable Article covers the basics, like buying a coffee machine instead of forking over $4 to Starbucks every day. But it also covers a lot of other ground, including…

Sorry to mix metaphors, but, “The sky is falling!” Actually, the real problem is, whether you’re making allusions to Chicken Little or Lost in Space, it’s very difficult for experts, never mind laymen, to differentiate from real vs. imagined crises in the complicated world of mortgage regulation. Today, the Financial Times reports that “Democrats raise…

U.S. Senator Richard Shelby (R-Ala.), Chairman of the United States Senate Committee on Banking, Housing, and Urban Affairs, released the text of the discussion draft of “The Financial Regulatory Improvement Act of 2015.” Key highlights from the draft include easing regulations for small banks (those under half-a-trillion dollars in assets), some changes to the Fed,…

Many first-time home-buyers may not have heard of home owners associations (HOAs), but they’re very common for a lot of properties. You’ll almost certainly see them if you’re purchasing a condominium or townhouse, but they’re also frequent in gated communities, and sometimes exist even in regular subdivisions. Investopedia covers nine things you need to understand about…

Everyone who’s ever purchased a home can remember how overwhelming the experience was the first time he or she did it. There is a lot of ground to cover, and the landscape is continually changing. Recent blog posts have covered some mortgage terminology, and some changes in the industry. Today, the Boston Globe provides some higher…

Everyone who’s ever purchased a home can remember how overwhelming the experience was the first time he or she did it. There is a lot of ground to cover, and the landscape is continually changing. Recent blog posts have covered some mortgage terminology, and some changes in the industry. Today, the Boston Globe provides some higher…

Have you heard of Porch or Houzz? If not, and you’re considering a remodel, you should probably check them out. CNBC provides in-depth coverage of the now booming remodeling digital app industry. Both Porch and Houzz allow you to connect with local professionals, but each provides a slightly different service beyond that. Porch gives you historical data…

Have you heard of Porch or Houzz? If not, and you’re considering a remodel, you should probably check them out. CNBC provides in-depth coverage of the now booming remodeling digital app industry. Both Porch and Houzz allow you to connect with local professionals, but each provides a slightly different service beyond that. Porch gives you historical data…

Mortgages that are at least 30 days late dropped to the lowest level since the second quarter of 2007, according to Bloomberg. New loans entering foreclosure are back to the historical average of 0.45%. But while new loans may be back to average, we still haven’t completely worked through the foreclosures that occurred during the crash —…