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Category: News

News, current events, etc.

Washington State Supreme Court: MERS May Not Foreclose Unless They Hold the Note

Posted on August 16, 2012August 16, 2012 by The Tim

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…

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Weekly Twitter Digest (Link Roundup) for 2012-08-11

Posted on August 11, 2012 by The Tim

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…

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July Reporting Roundup: Summer Yawn-Fest Edition

Posted on August 7, 2012August 7, 2012 by The Tim

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: Multiple offers…

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Weekly Twitter Digest (Link Roundup) for 2012-08-04

Posted on August 4, 2012 by The Tim

RT @westseattleblog: 1 real-estate company has bought $134 million worth of West Seattle since March http://t.co/W0vuWbhr # Interesting article on Toll Bros. keeping deposits: "They can make more money by not building the house." http://t.co/AON2AsEn # Sounds good to me: "Gov't bars Fannie-Freddie from reducing principal" http://t.co/WuOGJ1xK via @SeattleTimes # The owner of @LTDartgallery is…

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Guess Who Has Her Own YouTube Channel?

Posted on August 3, 2012August 3, 2012 by The Tim

I just discovered that Kendra “Bubbles are for Bathtubs” Todd has her own YouTube channel. Some of the videos appear to be for her custom site http://savedfromforeclosure.com/: Others seem to be computer-generated from the MLS info on her various high-quality listings: There goes my weekend.

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