Opinion

The $1.7 trillion mortgage securitization market is still a mess, despite (or in part because of) the Federal Reserve's $700 billion splurge into the market. But another reason may be Treasury's decision to undermine private mortgage-backed securities (MBS) contracts. BlackRock Inc. Chairm [Read More]

I had the privilege of showing property today. We were looking at the gorgeous waterfront on this perfect weather day. The buyers are amazed at how the prices of come down since they looked at property last year. Now they will be tourists and try to relax and make a decision. They picked the perfec [Read More]

Judge Andrew Napiliotano is quoted as saying: "We know more about the CIA than we do about the Federal Reserve." The Federal Reserve is the most secret of government agencies – a group of appointed bankers who control the value of our dollar and with its power to raise and lower in [Read More]

Lloyd Blankfein, the CEO of Goldman Sachs, when being interviewed by reporter John Arlidge of the Sunday Times of London, made a statement that he was “doing God’s work.” Great, then he can work for free. Well, obviously Blankfein and I have a different view of what God’s [Read More]

The last 2 weeks have been almost like the good old days. The only difference is the number of foreclosures and short sales. I recommend to my buyers that they also look at the normal on the market homes. Several are priced well. They feature the benefit of the quick response easier to close proces [Read More]

Job loss is the main reason among delinquent prime borrowers in 2009. Between January and June 2009, unemployment, or underemployment, was the #1 reason for 60% of prime and Alt-A borrowers, with another 20% saying that debt was their main problem and 12% saying that illness and death in the family [Read More]

More and more as time passes and this recession appears to me to be turning into a depression, I am constantly looking for answers as to why this crisis has happened and I believe that overwhelmingly, it is due to a failed system; Capitalism, and those that "own" it, in that, at least her [Read More]

There is a lot of controversy on the lowering of  Residential Impact Fees for Hernando County where the builders have been hit hard by our economic times.  Here's both sides of the coin: The builder's in this County have been at a stand still since the market decline and are hang [Read More]

Kathy Lovelace, a 50-year-old divorced mother who owns a $200,000 home in Zephyrhills, just outside Tampa, lost her job and almost lost her house but then she made a simple request to the bank: Show me the original mortgage paperwork. And suddenly the foreclosure proceedings completely stopped. L [Read More]

"Let me control the money of a nation and I care not who makes its laws". - Meyer Rothschild, Creator of the Central Banking System I find it very interesting that Jon Corzine is Governor of New Jersey and was a U.S. Senator and now N.J. taxpayers are paying his old company, Goldman Sach [Read More]