Tag Archives: banking

White House Wants To End Tax Break For Wealthy Homeowners

by on June 12, 2010 in Blog, Economy, Investing, Manhattan Beach Comments { 2 }

The White House is urging Congress to limit, or cut, the once untouchable tax break for mortgage interest. In traditional class warfare parlance, the White House cap on mortgage...

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Fannie Mae Economist: Housing Recovery In 2013

by on June 12, 2010 in Blog, Economy, Manhattan Beach Comments { 0 }

Fannie Mae’s Chief Economist, Doug Duncan, predicts national housing markets will not recover until 2013. He predicts prices will decline another 1% to 3% before bottoming in the...

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3 Keys To A Clean Short Sale

by on December 27, 2009 in Blog, Investing Comments { 0 }

In The New Flipping: Short Sales, the Herald Tribune relates the emerging practice of structuring short sales on distressed properties to the old practice of house flipping.  The rush...

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