We have been searching for even a sintilla of good news, when it comes to the real estate market.  
With regard to commercial real estate, one noted real estate attorney has coined the banks recent leding philosophy as “extend and pretend.” Clearly there exists the “fear of catching a falling knife.”
So the question is, are things really getting any better? […]

Fannie Mae and Freddie Mac to refinance for homeowners with 125% loan to value ratio. YOU READ IT RIGHT …. 
Deja vu all over again!! Read all the details at the Wall Street Journal.

The move lifts current 105% limit to aid more borrowers struggling to make payments.
GSEs to offer new 25 year mortgage for some refinances to accelerate […]

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Today the U.S. Treasury announced what they call the Homeowner Affordability and Stability Plan, intended to stave off the mortgage and residential real estate crisis. Below is a quick and dirty outline of the plan. For a summary, review the Treasury’s Fact Sheet. For the Full Plan, check out all the details right from the […]

Less than two weeks ago we posted a mind-boggling article to this Blog that outlined some $4.28 Trillion Dollars that the government was estimated to fork over, to overt a complete financial meltdown.
Incredibly today, Bloomberg News has updated and calculated that new rescue number to be a wopping  $7.4 Trillion Dollars!!!
So here is the multi-trillion dollar question: What will our […]

Economists at Freddie Mac are more pessimistic about the economy than they were just a short month ago, and no longer believe mortgage origination’s will rebound in 2009.
And as bleak as these projections are, the real question is — who knows where all of this is going: Mortgage origination’s down, home sales down, home […]

Read Treasury Secretary Henry Paulson’s statement, unedited …addressing the root cause of the credit crisis.

September 19, 2008: 10:24 AM EDT
WASHINGTON — Statement by Treasury Secretary Henry M. Paulson.
Last night, Federal Reserve Chairman Ben Bernanke, SEC Chairman Chris Cox and I had a lengthy and productive working session with Congressional leaders. We began a substantive discussion on […]

The recent government takeover of Fannie Mae and Freddie Mac has dominated the news recently.
Everyone has their opinions as to how the real estate and mortgage industries will be affected. Phoenix area real estate broker/blogger posted an excellent compendium of links to the opinions about the Fannie/Freddie situation across the blogosphere.
There is certainly […]

Here is a great piece, from the Christian Science Monitor and staff writer Mark Trumbull, which puts the take over of Fannie Mae and Freddie Mac into perspective.

As Secretary of Treasury Paulson correctly concludes, the housing correction poses the biggest risk to our economy. Clearly the government has had enough and opted to take […]

SeekingAlpha just posted a very intriguing opinion piece by John Preston entitled, The Reality of Real Estate and the Economy.

Is this the problem? the solution?

According to many, the thesis (and problem) is simple: Housing health and the economy are linked arm-in-arm.  

Preston traces  this theory back to Robert Shiller, of Case-Shiller Home Price Index fame, who reflects back on a 2004 […]