It’s time once again for the monthly reporting roundup, where you can read my wry commentary about the news instead of subjecting yourself to boring rehashes of the NWMLS press release (or in addition to, if that’s what floats your boat). To kick things off, here’s an excerpt from the NWMLS press release: September housing…
Category: News
News, current events, etc.
Weekly Twitter Digest (Link Roundup) for 2012-08-25
More hand-waving politicians pretending that they're going to eliminate the mortgage interest deduction: http://t.co/XLNAPlgo – I wish. # Farewell, @LovelyListing! http://t.co/mnutbR8F Hello @LooneyListing! http://looneylisting.com/ # A friend spotted this ad for Kendra Todd's short sale site on a Seattle bus. http://t.co/kf0B0Ynl # Powered by Twitter Tools
Weekly Twitter Digest (Link Roundup) for 2012-08-18
RT @NickTimiraos Don't fear the shadow inventory: how little new construction low vacancy rates a tailwind for housing http://t.co/eCRJyOPa # "Banks looking to lend, compete to make small-business loans" http://t.co/lwc6TpBt via @PSBJ # Powered by Twitter Tools
Washington State Supreme Court: MERS May Not Foreclose Unless They Hold the Note
Jillayne pointed me toward an interesting Washington State Supreme Court ruling that was just filed today. It seems that according to the Supreme Court, Mortgage Electronic Registration System Inc. (MERS)—the popular service used by many banks to consolodate their mortgage filings—doesn’t have the standing to proceed with foreclosures in Washington unless they actually hold the…
Weekly Twitter Digest (Link Roundup) for 2012-08-11
Nice overview of the non-financial factors that come into play for rent-vs-own at @GRSBlog http://t.co/COr3s263 # .@BBCNews: "US homeowners stuck in houses that may never recover value" http://t.co/mfreM6Yk Yup. # Behold the housing ATM at its best: Bought for $197k in 1997, now a short sale at $519k. http://t.co/9aYjGj7u # "Housing Authority official quits over…