- 2010
- Jan
- Feb
- Mar
- Jul022530The Tax Man Cometh: NY Reverses Position and Makes Title Abstracts Taxable“Supposedly to be in line with recent judicial case law, the New York State Department ...”
- 2009
- Jan05Group of Seven Buys Indymac - Back in the Saddle Again!!!“Austin Kilgore | 01.05.09 Billionaire George Soros and Dell Inc. founder Michael Dell are part of ...”
- Apr03FHA Limits on Cash Out Refinances drops to 85%“Just a heads up on some of the changes that came into effect this past ...”0729Treasury Department's "Making Home Affordable" Program Attempts to Tackle 2nd Lien Dilemna“The Government finally realized that 2nd mortgages and their debt servicers provide a major stumbling ...”
3 comments - May13FHA Unveils New Plan to Let Home Buyers Use $8,000 Tax Credit Upfront as a Downpayment“ For those that qualify (there are certain criteria to be met including income limits) for ...”18Now You See It...Now You Don't - is HUD Squashing Tax Credit as Down Payment Program????“I blogged last week about FHA's new plan to allow prospective purchasers to monetize the ...”21The Twitter Craze - How to Jump In and Start Tweeting!“ Most people have heard of Twitter with the recent media blitz on news programs etc. ...”
4 comments - Jun0310DON'T SAY I DIDN'T WARN YOU! NY Attorney General's Crackdown on the Loan Modification Industry“This investigation comes as no surprise - I have been speaking with clients and those ...”1621Why Retain An Attorney for a Real Estate Transaction? Ask Maria Espinosa“CNN recently posted a video on their website detailing the "shocking" story of a woman ...”
2 comments28 - Jul2930New FHA Making Home Affordable Loan Modification Guidelines Announced by HUD Secretary Donovan Today“Evidently the government is serious about getting these delinquent mortgages modified - here is another ...”
- Aug11Real Estate Law Update: New York State Decisions of Interest“JOHNSON v. MELNIKOFF, 2008-08857 2008-08857 Decided on August 4, 2009. In an action, inter alia, pursuant ...”17
- Oct
- Nov09Monday Morning Roundup: Foreclosure News1 comments101217Fraudulent Short Sale Flips: Tell-Tale Signs Without the Bias“There appears to be a buzz going around about short-sale flipping and the FBI adding ...”
1 comments25A Time to Give Thanks: What Are You Thankful For?“It is Thanksgiving Eve, I am at a beautiful resort in Turks & Caicos with ...”30 - Dec
- 2008“So far so good!”
- Mar
- Apr1116Short Sale Seminar“ As a Property Shark Professor, I give various Seminars discussing the structuring of Short ...”24Alliance Mortgage Banking Corp. v. Dobkin - Nassau County's answer to Shearon“On March 28, 2008, the Supreme Court, Nassau County declined to stop a foreclosure action ...”
- May01Jack of All Trades and Master of None: Attorneys Wearing Multiple Hats in a Transaction“One of the perks of passing the New York State Bar Examination and subsequently being ...”08Mish Mash of Good Info for Real Estate Investors“Most of you who know me well know that I do not sleep. I am ...”21Interesting FHA & Mortgage News“Fannie Mae Decreases Down Payment Requirements For Homebuyers Homebuyers who qualify for a conventional, conforming mortgage ...”
1 comments - Jun09Recent Real Estate News re: Foreclosure“More than a Million Homes in Foreclosure in Latest Report - June 5, 2008 NEW YORK ...”12PropertyShark University - Short Sales Class - Tues June 17, 2008 - Don't Miss It!!!“I will be teaching the following seminar, hosted by PropertyShark.com this upcoming Tuesday: Short Sales As the ...”14DANGER ZONE - New York Post1 comments17HUD News Release 08-082 FHA Temporarily Lifts Anti-Flipping Rule (Don't get all excited yet though!)“FHA EXTENDS FINANCING FOR IMMEDIATE PURCHASE OF FORECLOSED HOMES Measure seen to bring stability to ...”18The New York Law Journal - Free Breaking News: Chief Judge Unveils Program to Deal With Dramatic Rise in Foreclosures“Free Breaking News: Chief Judge Unveils Program to Deal With Dramatic Rise in Foreclosures By ...”
1 comments19Washington Mutual to end 2 complex mortgage types“ YouNewsTV™Story Published: Jun 18, 2008 at 8:36 PM MDTStory Updated: Jun 18, 2008 at 8:36 ...”
1 comments - Jul01Trapped in a vicious credit crunch - International Herald Tribune“International Herald Tribune - Trapped in a vicious credit crunch By Vikas Bajaj Tuesday, July ...”02Nick the Webguy: Real Estate Websites“Nick the Webguy: Real estate websites By Nick Fokianos, WINK NewsStory Created: Jun 25, 2008 ...”
1 comments0307Another One Bites the Dust: IndyMac Bank Ceases Most Wholesale and Retail Mortgage Operations“Indymac Issues Stakeholder Letter PASADENA, Calif., Jul 07, 2008 (BUSINESS WIRE) --Indymac today issued the following ...”
1 comments2223Fannie and Freddie – What Went Wrong and Can It Be Fixed?“July 22, 2008 - CMPS Institute “There are two main issues that need to be addressed ...”30Covered Bonds - Treasury Throws a Life Preserver to the Real Estate Market By Proposing an Alternative to Mortgage Financing“Paulson Proposes Covered Bonds as New Mortgage Financing, Four Largest Banks Lead Initiative Carrie Bay | ...” - Aug04Peconic Bay Transfer Tax Has Been Amended Providing Exemptions for Some“Transfer Tax/Peconic Bay Region (Suffolk County) - Article 31-D of New York State's Tax Law ("Tax ...”0513Sovereign Wealth Funds to Buy Up $29 Billion in Foreclosed Homes“Published 08/13/08 Jeff Bennett The great American sell-off continues. For sale this time: foreclosed homes throughout ...”26
- Sep
- Oct
- Nov1314Schumer Wants Treasury To Approve Bank Mergers, By Victoria McGrane - CBS News“Schumer Wants Treasury To Approve Bank Mergers, By Victoria McGrane - CBS News (The Politico) Sen. ...”17Are you an idiot to keep paying your mortgage?“Kathleen Pender Sunday, November 16, 2008 Should you keep paying your mortgage? If you have significant equity ...”
1 commentsFDIC Revised Proposal to Refinance Troubled Loans“Carrie Bay | 11.17.08 The Federal Deposit Insurance Corporation (FDIC) proposed on Friday to spend $24 ...”20Hope for Homeowners Requirements Relaxed“ BUSH ADMINISTRATION ANNOUNCES FLEXIBILITY FOR “HOPE FOR HOMEOWNERS” PROGRAM ...”22Fannie, Freddie Suspend Foreclosures“Carrie Bay | 11.20.08 Fannie Mae and Freddie Mac announced this afternoon that they are suspending ...”24The Government Goes After Loan Officers“This article appears on RealtyTrac and once again, reiterates my position that lawyers are a ...”
1 comments - Dec02MBS Investors Sue Countrywide for Loan Modifications“Carrie Bay 12/02/08 Investors of securities backed by Countrywide mortgages filed a lawsuit against the lender ...”05FDIC Proposes to Streamline Loan Modifications - "Loan Mod in a Box"“The FDIC has created a plan to streamline loan modifications in an effort to stem ...”11Mortgage holders are marks: Loan modification specialists take money, do little in return“I have been advising everyone in the real estate industry, that New York's Foreclosure Prevention ...”
3 comments17IRS Tax Lien Stopping your Refinance or Sale? No More!“The IRS's willingness to subordinate or even release Tax Liens is monumental and will provide ...”18Streamlined Loan Modifications - FHFA Announces Successful Implementation but in the end will it be enough???“Fannie Mae and Freddie Mac are touting their streamlined loan modification implementation with the hopes ...”
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