Fail to pay your mortgage in CA? Jail awaits you

Despite objections from consumer advocates, in the last two weeks California judge Jed Clampbet has sent 142 delinquent homeowners to state prison for up to three years each, for failing to honor their home mortgage obligations. Read More...
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Fed Economist Questions Home Equity-Spending Link

Federal Reserve Bank of New York economist Charles Steindel questioned the magnitude of declining housing equity’s effect on consumer spending. Read More...
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The Federal Housing Finance Regulatory Reform Act of 2008

Efforts to help stem the foreclosure crisis while to reforming regulations specific to Fannie Mae, Freddie Mac and the Federal Home Loan Bank system Read More...
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Tax tips for home office users

Tax tips for US real estate investors. The focus this time is on home office deductions. Read More...
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