Equity Redemption Bonds…..an outside the box country saver ?

I am a Realtor. I am very good at offering disclaimers. This post has a big disclaimer. I am not an economist, mathematician, or governmental advisor. Please read the following with the understanding that I have jumped out of the box, taken a look at what is happening and the solutions being offered and decided [...]

O’Malley tackles foreclosure problem in Maryland

I received this information from the Govenor’s office. It does hit you like a wall of print, but it does reveal the direction the State of Maryland is taking regarding the current foreclosure crisis.
GOVERNOR O’MALLEY ANNOUNCES INITIATIVE
TO PROTECT HOMEOWNERSHIP
Announces Legislative Package, New Regulations, and
‘Bridge to Hope’ Loan Program to Help Homeowners
 
LANDOVER, MD (January 14, 2008) [...]

Bank of American – Countrywide….What’s Up?

Bank of American announced that it is in the process of buying Countrywide Mortgage. There are many differing opinions on this transaction. There are many questions that have not been answered.
I leave the hard stuff for the pundits to banter.
What does it mean to the consumer and the real estate market?
Well, Bank of America is [...]