Current News and Opinion

Will Mortgage Tax Relief Die In 2014 By Peter Miller, Contributor March 19, 2014 An important law which has eased the financial fall-out from the mortgage crisis has ended. Why Real Estate Has Begun To Stabilize By Peter Miller, Contributor March 18, 2014 If you want to make lenders happy — and if you want to enjoy low mortgage rates — then the best and most-certain approach is to avoid delinquencies and foreclosures. How Much Will An End To Fannie Mae and Freddie Mac Cost You? By Peter Miller, Contributor March 17, 2014 How does a 20-percent mortgage rate hike sound to you? Johnson-Crapo Plan Unveiled By Octavio Nuiry, Senior Staff Writer March 14, 2014 When Washington, D.C. politicians propose to “fix” something, red flashing lights and alarms bells go off. Senate Passes Bill to Delay Flood Insurance Rate Hikes By Octavio Nuiry, Senior Staff Writer March 14, 2014 In a rare show of bipartisanship, the U.S. Senate overwhelming passed a bill to delay dramatic increases in premiums paid by some property owners covered by federal flood insurance programs. House Approve Bill to Overhaul CFPB By Octavio Nuiry, Senior Staff Writer March 12, 2014 Voting 232 for and 182 against, the House on Feb. 27 passed a Republican bill (HR 3193) to reduce the authority of the Consumer Financial Protection Bureau (CFPB). Zombie Foreclosures: The Vacant Dead By Daren Blomquist, RealtyTrac Vice President March 12, 2014 One in every five homes in the foreclosure process is sitting vacant, abandoned by the distressed homeowner and not yet repossessed by the foreclosing lender. Is A New Foreclosure Crisis Brewing? By Peter Miller, Contributor March 11, 2014 Stashed away in millions of homes is a ticking financial time bomb. Will Chicago Be the Next Detroit? By Octavio Nuiry, Senior Staff Writer March 10, 2014 Last April, Rachel Shteir, a Chicago journalist and DePaul University professor writing in the New York Times Sunday Book Review, penned an essay hinting that the Windy City was on the road to Detroit. Size of New Homes Getting Bigger By Octavio Nuiry, Senior Staff Writer March 10, 2014 As the economy slowly recovers, America’s love affair with oversized homes continues to grow. Print Email

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