Posts Tagged ‘American Canyon Real Estate’
Are they blameless in this real estate debacle?
I find it interesting that real estate agents seemed to have dodged any significant regulation as a result of the meltdown in Real Estate. While lenders and appraisers have had massive changes in how they are allowed to do business (see related blog postings), almost no new regulation is aimed at the real estate agent. Read the rest of this entry »
An article in the Sunday paper of the Contra Costa Times, written by Kenneth Harney (Nation’s Housing), writes about a loophole in the new lending regulations, allowing them to not give a good faith estimate upon a new loan application. http://www.contracostatimes.com/search/ci_14193760?IADID=Search-www.contracostatimes.com-www.contracostatimes.com
He suggests that loan brokers are taking advantage of this “mistake” in the new regulations, to not disclose fees. However, it appears that this is another example of the unintended consequence of new laws, once again turning out to be counter-productive. Read the rest of this entry »
Click the link below to view reports:
MarketMetrics Report – Vallejo, CA – Thru June 09
Click the link below to view reports:
MarketMetrics Report – Vallejo, CA – Thru May 2009
