November 20, 2014

New Bankruptcy Fees Coming Dec. 1 – Lawyers, pay attention—correcting a mistake in bankruptcy papers is going to cost you pretty soon.

Stop panicking about recent foreclosure numbers – When RealtyTrac reported that October foreclosure activity was up 15% compared to September, I braced myself, waiting for the inevitable Chicken Little headlines predicting a new foreclosure tsunami, a massive housing market meltdown and quite probably the end of civilization as we know it.

US 30-Year Mortgage Rates Drop to 3.99 Percent – Average U.S. long-term mortgage rates continued to tick down this week, remaining close to yearlong lows.

October 27, 2014

A Divorce Lawyer’s Advice Before You Say ‘I Do’ – This is not an analysis about who is right or who is wrong in their beliefs. The concept is to recognize fundamental differences on issues of morality. Find somebody whose crap you can live with, but don’t kid yourself into thinking issues of your soul don’t matter. This is not about religious differences (which can be overcome) but an issue of values. What do you each value? Truth? God? Kindness to others? Hard work? Intellectual experiences, like reading or traveling? Money? Fidelity? Friendship? Children? What makes your life worth living? What do you want most out of life? Are these things fundamentally different from your true love?

Mortgage rates drop for fifth week – With mortgage rates sliding for a fifth straight week, the possibility of locking in a rate below 4 percent is tempting for consumers and could unleash a wave of refinancing. It may even convince some Americans to buy their first home.

Markets Weekly: Bitcoin Price Resilience Crumbles – Bitcoin price resilience finally crumbled this week after two weeks of strength following the so-called ‘BearWhale’ slaying.

October 21, 2014

Why Celebrities Should Opt for Fast Mediation When Divorcing – The list of high profile, often painful and expensive divorce cases is long and it contains the likes of Paul McCartney, Madonna, Tom Cruise, Kim Kardashian and Heidi Klum. I’m convinced that it is possible for celebrities to quickly settle their divorce and if desired, it could be done in a weekend, if both celebrity spouses are willing to cooperate and are able to wish each other a positive new future. So why is it so important for celebrities to choose for a (fast) mediation process instead of a traditional court procedure? Here are my VI-P’s!

Foreclosure Hurting Your Neighborhood and Home’s Value? — Buy It! – We’ve all heard many times the “making lemonade from lemons” quote. When life throws a negative at you, turn it around and make something good out of it. Of course, this isn’t possible in many cases, but it’s a nice thought and course of action if it works.

Three U.S. Agencies Approve Relaxed Mortgage-Lending Rules – Three federal agencies approved long-delayed U.S. mortgage market standards Tuesday, completing a less onerous rule than regulators originally proposed in the wake of the 2008 financial crisis.

October 16, 2014

How to Rebuild Your Credit After Bankruptcy — Fast – After all, bankruptcy protection is designed to provide people and companies with a way to discharge at least some of their debts and start over. And one of the very first steps to reboot your financial life involves rebuilding your credit score.

Mortgage Rates Fall Below 4% – Low Borrowing Costs, If They Persist, Could Lead to a Small Jump in Refinancings

U.S. foreclosure activity falls to eight-year low – Foreclosure activity across the United States declined last month to the lowest level since July 2006, as banks reclaimed fewer homes, according to a report released on Thursday.

October 13, 2014

10 Things To Know About Divorce From Someone Going Through It Right Now – Being prepared for the worst is always better than being caught off guard. If you know what you are in for then you can prepare and hopefully speed up the process and start your new life. That is the ultimate goal of divorce — to find that happiness again and enjoy the life that was given to us.

Mortgage price war is good news for borrowers – Mortgage rates of under 2% bring cheer after tougher lending criteria of the spring

Foreclosure and distressed property sales in the US fall considerably year on year – The national foreclosure inventory fell by 33% year on year in August 2014 to approximately 629,000 properties, or 1.6% of all homes with a mortgage, down from 936,000, or 2.4% in August 2013.

October 9, 2014

Bankruptcy Consequences – Bankruptcy can reduce or eliminate your debts, but it comes at a cost. For starters, the process of filing for bankruptcy can be difficult and time consuming. You will also have to pay court fees and probably legal bills.

Mortgage rates down for third straight week – Average U.S. mortgage rates fell for the third straight week, making it more affordable to borrow to buy a home.

Foreclosure and distressed property sales in the US fall considerably year on year – There are fewer homes in the United States being sold which are in foreclosure as the real estate market continues its recovery.

September 25, 2014

Average U.S. 30-year mortgage rate at 4.2% – Average long-term U.S. mortgage rates declined slightly this week, after marking their largest one-week gain of the year the previous week.

Major Delinquency Metrics Turned Higher in July – Mortgage delinquencies jumped in August, a 5 percent increase which sent the rate to its highest level since February.   At the same time, foreclosure starts declined for the first time in five months, dropping 10 percent from July and 24 percent from August 2013.  There were 81,600 foreclosures initiated during the month.

Bringing a Defective Product Liability Claim – Not all personal injury lawsuits stem from accidents. When a person suffers an injury because of a faulty product they used, they may be able to file a defective product liability claim to recover for their harms and losses (damages).