Saturday, November 26, 2011
Wednesday, November 16, 2011
Finally The Good Guys Get A Break!
Amplify’d from www.dsnews.com
Fannie and Freddie Detail New HARP Guidelines
Fannie Mae and Freddie Mac have released highly anticipated guidelines for the revised Home Affordable Refinance Program (HARP).
Both GSEs have posted details of the program modifications and procedural changes on their respective business sites for mortgage servicers to follow (Fannie’s, Freddie’s).
See this Amp at http://amplify.com/u/a1ian1
Monday, November 14, 2011
Why Capitalism Works Video!
Milton Freedom & Phil Donahue discussing Capitalism 30yrs ago.
See this Amp at http://amplify.com/u/a1i11e
Friday, October 21, 2011
How To Grow Your Wealth & Income Without Stock Market Risk!
A Best Kept Secret, finally comes to light for many Savvy Investors who are looking for a safer way and place to invest for Retirement!
Mathews Realty Group
Retirement Income Specialists
Self Direct IRA/Solo 401K Plans
Amplify’d from www.housingpredictor.com
Tax Free Real Estate Purchases Climb
Boosted by lower real estate prices and growing volatility in financial markets, investors are increasing their purchases of tax free real
estate investments. Investors are moving away from investing in equities in the stock market and other financials in growing numbers due to a chorus of concerns, including insider trading, automatic machine trading and criminal conduct.
Retired investors are shopping for higher returns and wider diversification to protect their assets from losses. The Investment Retirement Account (IRA) solo 401-K plan is an IRS approved retirement program created for self-employed investors.
See this Amp at http://amplify.com/u/a1f8lo
Wednesday, September 28, 2011
Beach Boys Still Smilin After All These Years!
The Beach Boys will always be one of my favorite groups of all time!
Matt Lewis & Co.
Vocalist, Musician, Entertainer
Amplify’d from www.rollingstone.com
In Capitol Records' giant Studio A in Los Angeles this summer, the surviving Beach Boys – Brian Wilson, Mike Love, Al Jardine and Bruce Johnston – gathered around a microphone and, for the first time in two decades, harmonized on a track. The song was, appropriately enough, a rerecording of their stomping 1968 hit "Do It Again." "Even the veteran sound engineers were moved," says Jardine. "Not all of us are left, but there are still enough of us for that vibration to come through."
See this Amp at http://amplify.com/u/a1dylz
Wednesday, September 14, 2011
How To Fix The Economy And Create Jobs!
The very thing that caused the Great Recession, doesn't seem to be on anyone's
priority list to fix. Yet, it is the only thing that can and will get this economy
moving in the right direction again.
Mathews Realty Group
Income Investment Consultants
Self Direct IRA/401K Specialists
Amplify’d from www.ajc.com
Housing industry problems dragging down economy
It barely rated a mention during either the president’s speech Thursday or the
Republican candidates’ debate the previous night.
Yet the moribund housing industry — and the record number of foreclosures tied
to it — have been critical factors in perpetuating this weak economy.
See this Amp at http://amplify.com/u/a1cupt
Friday, September 9, 2011
How To Refinance Millions of Mortgages At Today's Rates!
I don't know How - Do You? In order to refinance under current law you can't be in foreclosure and your home must be worth more (Equity), than what you owe!
It will be interesting to see just how they plan to pull this one off!
Mathews Realty Group
Investment Consultants
Income Retirement Specialists
Amplify’d from www.dsnews.com
Obama Pledges to Refinance Millions of Mortgages at Today's Rates
Obama told Congress that his administration is going to work with federal agencies to refinance millions of homeowners’ mortgages at today’s record-low rates.
See this Amp at http://amplify.com/u/a1cnsr
Tuesday, September 6, 2011
Let's Bail Them Out - Then Sue Them!
Let's settle for 10cents on the dollar and show the World that we mean business! You can't sue Congress who started this mess way back when, so let's go after the heavy hitters who made all of these bad loans Congress encouraged them to make. Yes, they are to blame, but the list of wrong doers in the collapse of the Housing Market, goes well beyond this list!!
Mathews Realty Group
Investment Consultant
Retirement Income Specialist
Self Direct IRA/Solo 401K Plans
Amplify’d from www.dsnews.com
FHFA vs. Mortgage Powerhouses: What Does It Mean for the Market?
It’s official. The Federal Housing Finance Agency (FHFA) has unleashed a barrage of lawsuits against Wall Street investment banks and major mortgage lenders.
The GSEs’ conservator is suing 17 financial institutions, as well as officers of the companies and unaffiliated underwriters, alleging violations of federal securities laws related to private-label mortgage bonds sold to Fannie Mae and Freddie Mac.
See this Amp at http://amplify.com/u/a1chsz
Friday, August 26, 2011
New Housing Refi Program That's Doomed From The Start!!
Here we go again!! Another stupid idea that has no chance for success! The downside would be catastrophic!!!
Mathews Realty Group
Amplify’d from www.dsnews.com
Government Officials Weigh New Refi Program
Word on the street is that the Obama administration is sizing up a new program to shore up and stimulate the housing market by providing millions of homeowners with new, lower interest, lower payment mortgage loans.
According to multiple media outlets, the initiative would allow borrowers with mortgages backed by Fannie Mae and Freddie Mac to refinance at today’s near record-low interest rates, close to the 4 percent mark, even if they are in negative equity or have bad marks on their credit.
See this Amp at http://amplify.com/u/a1bwf8
Friday, August 19, 2011
Newbie Property Investors Taking The Plunge
PLUNGE! A Great word and description for anyone who might be thinking about getting into this market. A word of caution, should be understood, before you jump in. Find a qualified Mentor who will share their expertise with you One on One! Not some get rich seminar Guru, who could care less about your success.
Mathews Realty Group
Investment Services
Self Direct IRA Specialists
Amplify’d from www.marketwatch.com
More first-time property investors in the market
One of the most common mistakes made by first-time property investors is submitting an unrealistically low offer, according to the ERA survey. Thirty-one percent of respondents said lowballing on the price is a first-time buyer’s most common misstep. Meanwhile, 23% said that the most common mistake was not calculating maintenance expenses versus rental income.
With rents on the rise, property prices at or near lows and favorable financing terms, more Americans are thinking it’s time to buy a rental property.
See this Amp at http://bit.ly/at9B89
Thursday, August 18, 2011
Smart Sensible Plan For Depressed Housing Market!
Finally, someone with a street smart, common sense plan to revive the housing
market. I've said all along that the only way to get the housing market back to stability is to loosen regulations and give the Investor an incentive to make a difference in the market. The only downside I see however, is with the Banks and Lenders, who up till now are the one's calling the shots. Without a "You Must Do This or else" clause in the bill, this program will do down in failure, just like all the rest!! RIP!!
Amplify’d from www.dsnews.com
New York Congressman to Propose Down Payment Subsidy
Addressing 3 million properties currently depressing the market, Ackerman proposes a subsidy of up to $20,000 for down payments on foreclosed homes bought by owner-occupants and a tax incentive for investors who purchase foreclosures for rental properties.
See this Amp at http://amplify.com/u/a1bhol
Tuesday, August 16, 2011
My Home Is My Castle! Not An Investment!
Owning a Home is perhaps the most rewarding decision one can make!
A Home is a place to live. Raise a family. It provides a sense of Pride and security for the long term. Today's Buyers, now more than ever, should never forget!!!
Mathews Realty Group
Amplify’d from firsttuesdayjournal.com
Homeownership: a piggy bank investment
It should come as no surprise in the current economic climate to hear that a professor of economics does not consider a home purchase to be a lucrative investment. But the assertion that purchasing a single family residence (SFR) has never been a sound investment could come as a shock to a nation that has always believed in the myriad virtues of homeownership — not the least of which has been the idea that if all else fails a profit may be turned by selling their home.
See this Amp at http://amplify.com/u/a1bbnf
Wednesday, August 10, 2011
Say Goodbye To Your 401K-Again!
I
Amplify’d from www.benefitspro.com
One step forward...volatility hits 401(k) plans
Just when they thought it was safe to go back in the water, many 401(k) investors who were regaining their comfort level with the stock market took another hit.
See this Amp at http://amplify.com/u/a1ajr4
Monday, August 8, 2011
Fannie & Freddie May Be Your New Landlord!
Dear Senator Reed
Good intentions - Ridiculous and pardon my language, Stupid idea.
Sincerely,
Mathews Realty Group
Amplify’d from www.dsnews.com
Senator Reed Urges FHFA to Require GSEs to Rent Foreclosed Properties
Senator Jack Reed (D-Rhode Island) has sent a letter to the director of the Federal Housing Finance Agency (FHFA) recommending the agency require Fannie Mae and Freddie Mac rent out foreclosed properties rather than immediately attempting to sell them at bargain prices.
See this Amp at http://amplify.com/u/a1adle
Hollywood Setting Stage For Bin Laden Flick!
Amplify’d from content.usatoday.com
Obama campaign to get big-screen bin Laden boost?
And it's going to be released less than a month before Election Day 2012.
See this Amp at http://amplify.com/u/a1adjd
Friday, August 5, 2011
Fannie Mae Needs More Tax Payer $$!
The never ending saga continues for Fannie Mae and Freddie Mac! How long can we keep bailing them out? The Quote this time is: "Things will get better by 2012"? Some how, I find that hard to believe, when 7 million homes are currently in foreclosure with millions more sitting on the books of all the major financial institutions! The so called Bank Owned - "Shadow Inventory".
Mathews Realty Group
Amplify’d from www.bizjournals.com
National mortgage financing company Fannie Mae ended the second quarter with a negative net worth of $5.1 billion and posted a $2.9 billion loss as more loans on its books went bad.
See this Amp at http://amplify.com/u/a1aas9
Thursday, August 4, 2011
Mortgage Rates & Home Ownership Myth!
This is an excellent article showing the correlation between today's current mortgage rates, home prices and home ownership affordability. Not since the 1950's has buying a home been more favorable.
Mathews Realty Group
Investment Advisory Services
Self Direct Income Investment Specialists
Amplify’d from seekingalpha.com
U.S. Real Estate Market: End of an Era
Not a day goes by without some guru on CNBC complaining about how difficult it is to qualify for a mortgage these days. That is total baloney. The documentation and verification may be cumbersome, but loans have never been easier to qualify for.
We have reached the end of an era of the real estate market as we have known it. What eventually emerges from the other side is anyone's guess.
See this Amp at http://amplify.com/u/a1a9gi
Tuesday, August 2, 2011
Five Year Lease Agreement to Rent Your Own Foreclosure?
Yes it's true!! And we wonder why it took so long to raise the debt ceiling. This is perhaps the most ridiculous idea I have yet! It seems that no one ever considers the downside when they come up with these band aid fixes. Stupid!, Stupid!, Stupid!
Mathews Realty Group
Cash Flow Property Investments
Self Direct IRA/401K Purchase Plans
Amplify’d from www.dsnews.com
Bill Introduced to Support Foreclosure Rentals
The Neighborhood Preservation Act (H.R. 2636) would authorize FDIC-member banks, Fannie Mae, and Freddie Mac to enter into five-year lease agreements to rent REO properties back to the foreclosed homeowner or another individual.
News surfaced last month that the administration was considering such a policy for Fannie and Freddie. Now, Rep. Miller wants to enact it with legislation.
See this Amp at http://amplify.com/u/a1a6ur
Thursday, July 21, 2011
Foreclosures Take A Turn For The Worst!
Just when you think the housing market may be getting better, the real facts emerge. For the past 5yrs all I have seen in the news are the so-called guru's making predictions that for the most part are really just made up stories that have no real factual basis. Buy Now! are words that, when heard, should make you run for the exit. Don't get me wrong!! The American Dream is still alive and well! Which is why - If you are thinking about buying a home, or investment property, you must first. Seek out a professional who never uses those two nasty words. Otherwise, that Dream Home may just turn into a Nightmare!!
Mathews Realty Group
Investment Services
Retirement Planning Specialists
Amplify’d from www.dsnews.com
Mortgage Delinquency Rate Climbs, Foreclosure Numbers Head Higher
Lender Processing Services (LPS) says data it’s collected through the end of June show an abrupt increase in the industry’s mortgage delinquency rate and a smaller uptick in the national foreclosure inventory.
Altogether, LPS says there are some 6,452,000 mortgages going unpaid in the United States.
See this Amp at http://amplify.com/u/a18yrr
Left, Right, Center, Which Is It Mr. President?
Great Ben Stein commentary!
Amplify’d from www.latechbbb.com
See this Amp at http://amplify.com/u/a18xzm
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