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HUD Offers REO Homes for $100 Down in Select States

HUD has approved a program aimed at putting foreclosed homes back into the hands of owner-occupant buyers

Senators Call for Immediate Action to Help Homeowners Refinance

Market watchers have their eyes peeled for word from Washington that officials will relax the rules of a government refinancing program to allow underwater homeowners with loans backed by Fannie Mae and Freddie Mac to take out new mortgages with lower interest rates.

Surprise! Who's not paying federal income tax?

WASHINGTON – Amid complaints that nearly half of tax filers in the U.S. won't pay federal income taxes this year, this has been lost: Those making $75,000-$100,000 a year are the fastest-growing share of people who don't pay federal income taxes.

Refinance America: A New and Improved Plan

Brian O’Reilly raised some very intriguing propositions on dealing with the ever growing issue of borrower income/wealth trapped in deflated, under-water home values. While these ideas address each constituency impacted—borrower, lender, investor, taxpayer—there is still no evidence that the Administration, Congress or the regulators have any plans to address the current crisis.

Markets are Cyclical

If you are investing then you need to check out this quick video regarding Markets are cyclical.
Markets are Cyclical 

Apple Jobs died

Everyone's talking about this great man. But it reminds me of a scripture I read "What good is it for someone to gain the whole world, yet forfeit their soul? Mark 8:36. With all the money in the world he died without Christ and he could not take his wealth with him.