Entries
November 2009 Form of the Month
By Connor P. Wallmark • Nov 10th, 2009 • Category: Form of the Month, November 2009 JournalA discussion of this month’s most topical form.
‘November 2009 Journal’ Archive
November 2009 Rates
By ft Editorial Staff • Nov 9th, 2009 • Category: Charts, November 2009 JournalA look at the current financial rates.
November 2009 RCD
By ft Editorial Staff • Nov 3rd, 2009 • Category: November 2009 Journal, Recent Case DecisionsA digest of recent court cases affecting real estate.
California homeowners: exercising your right to default
By ft Editorial Staff • Nov 3rd, 2009 • Category: Feature Articles, Journal Articles, November 2009 JournalThis article clarifies a homeowner’s contractual promise to repay purchase money debt and his contractual right to default, free of moral obligation. In California, homeowners borrow funds to assist in purchasing a home and sign a trust deed and a note containing a promise to pay the lender the entire amount borrowed. Lenders want homeowners [...]
November 2009 LW
By ft Editorial Staff • Nov 3rd, 2009 • Category: Legislative Watch, November 2009 JournalA look at the legislation affecting real estate enacted during the 2009 Legislative Session. For an archive of Legislative Watch years, click here.
The speculative price (dis)advantage: negative equity and the Great Liquidation
By ft Editorial Staff • Nov 3rd, 2009 • Category: Feature Articles, Journal Articles, November 2009 JournalThis article examines the synergistic effect unsound appraisal practices, sub-prime home loan originations and declining home values have had on the failure of mortgage-backed securities which triggered the Millennium Recession. Making loans: from boom to bust The shape of this Millennium Recession was formed in the housing boom of 2003 – 2005. During that three-year [...]
Homeownership and the economy, a dangerous two-way street
By Bradley Markano • Nov 3rd, 2009 • Category: Feature Articles, Journal Articles, November 2009 JournalThis article discusses the relationship between federal lending restrictions, personal income, and home ownership: three factors that exert tremendous influence on homeownership, and on the economy as a whole. In the last ten years, more than ever before, the process of homeownership has come to be intertwined with the workings of the economy as a [...]
Calculating owner-occupied housing in CPI: a high-stakes and contentious quandary
By Connor P. Wallmark • Nov 3rd, 2009 • Category: Feature Articles, Journal Articles, November 2009 JournalThis article discusses how owner-occupied housing is factored into the consumer price index (CPI) and analyzes the role CPI plays in the real estate industry. The basics of CPI Vision is always 20/20 in hindsight. Had we known at the beginning of the millennium what we know now, millions of people wouldn’t have been hurt [...]
The effect of home equity borrowing on the real estate market bust
By Giang Hoang-Burdette • Nov 3rd, 2009 • Category: Feature Articles, Journal Articles, November 2009 JournalThis article examines the impact of home equity borrowing on the current real estate market bust, and the indicators of an unhealthy amount of home equity borrowing as a warning system for future housing recessions. As everyone who keeps an eye on the news knows, the real estate market, still slogging its way through the [...]
Dodging the Fee: Home Loan Assumptions and Prepayment Avoidance
By ft Editorial Staff • Nov 3rd, 2009 • Category: Journal Articles, Lead Article, November 2009 JournalThis article addresses avoiding prepayment penalties by submitting an application for a loan assumption on a cash-to-new-loan sale.
