The Homebuyers Credit: Is It Better to Laugh or Cry?


For two years, the homebuyer credit has been in the running for Washington’s worst tax policy idea. Now, new evidence about this bit of legislative bilge suggests it may be time to retire the trophy.


The Commerce Department reports the new homes market collapsed in May after booming in March and April (chart). Why? Well, in [...]

Beware of the Fallout from Temporary Loan Modifications


By the time sellers in Sacramento come to me to ask about doing a short sale, these sellers have typically been rejected for a loan modification. You hear a lot about loan modifications, but very few are being granted. About a year ago, President Obama’s Home Affordable Modification Program (HAMP) promised to help some 3- [...]

Provillus Scam


When speaking of the best hair treatment product, Provillus is the most searched product on the internet. So nearly a tons of buzz over the product, certainly does make it one of the best product for hair loss treatment. But many a time provillus also had a few scams to it, but most of it [...]

Scam Protection


Do bonds provide adequate protection from scams to financial institutions? An excellent article in National Underwriter (here) outlines some of the coverage issues, particularly regarding mortgage fraud. The article points out: The two insuring perils common to most crime insurance policies and bonds are: employee dishonesty, covering situations where an insider has something to do [...]