Jacksonville Real Estate Market

Jacksonville, Florida

Should I Stay Or Should I Go ?

“Should I stay or should I go”, classic lyrics from the band The Clash are currently what many people are singing to themselves.  Or perhaps you are asking yourself “Should I rent a home or buy a home?”  or “Should I rent instead of paying on my current mortgage?”.  You are NOT alone.  The “home […]

Are Trusts on the Hook for Mortgage Mess?

A bigger issue emerging is what those robosigners, perhaps unbeknown to them, were covering up—big flaws in mortgage securitization that could open the floodgates to investor lawsuits against trusts.

JP Morgan Chase Drops Electronic Mortgage Clearing House

It was news to me, and to the AP wires, but a spokesman confirms, JP Morgan Chase no longer uses MERS, the electronic mortgage clearing house, that is at issue now in foreclosure litigation across the country. They dropped MERS in 2008.

Foreclosure Fraud: It’s Worse Than You Think

There has been plenty of pontificating over the ramifications of foreclosure freezes on troubled borrowers, foreclosure buyers and the larger housing market, not to mention lawsuits, investor losses and bank write downs. There has been precious little …

Bank of America’s Big Freeze Chills Housing Recovery

Bank of America extended its foreclosure freeze to all 50 states as it continues internal “assessments” of its foreclosure practices. “Our ongoing assessment shows the basis for our past foreclosure decisions is accurate,” reads their statement.

The Politics of Foreclosure

You’re not in political fashion these days if you’re not “demanding” a federal investigation into shoddy foreclosure procedures or “ordering” a freeze on foreclosures for the foreseeable future, even though you might not exactly have the jurisdiction t…

Apartment Sector Sees Record Improvements

If there can be an upside to the housing crash, the apartment sector is where you’ll find it. Vacancies are down and rents are up, according to the latest data from Reis, Inc. Not only is the sector seeing improvements, it’s seeing record improvements.

Office Sector Stability? Be Careful

You have to be realistic in today’s market because,”We don’t yet have measurable growth in office-using employment,” according to Sam Chandan of Real Capital Analytics. “It’s too soon to get excited about office fundamentals.”

Title Insurers Pause in Robosigning Scandal

You wouldn’t know it from the hit their stock took on Friday, but the top title insurer, Fidelity National Financial spacer claims it will not be hit by additional claims exposure thanks to the robosigning scandal at some of the nation’s largest lenders.

Higher Loan Limits Extended: Necessary Evil?

There wasn’t much fanfare, and it literally happened in the cover of night, but sometime after midnight Thursday morning, the U.S. Congress passed an extension of the increased Fannie/Freddie/FHA loan limits for high cost housing markets to a maximum $…

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