Archive | Government

22 September 2009 ~ 0 Comments

The Hole in the FDIC

The below article was recently written by John Mauldin in his weekly newsletter.  John is an investment advisor and is widely respected for having great insight on future market conditions.

His conclusion?  “We are in for a very poor, jobless recovery, and the risk of falling into a double-dip recession is quite high.”

In other words, there’s [...]

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09 September 2009 ~ 1 Comment

California Expected to Extend New Home Tax Credit

It’s expected that the California Legislature will extend a state tax credit on new homes due to the success of this program that has seen a boost in real estate sales.
A vote is expected before Friday, when the legislative session ends.
With this program, new home buyers can claim a credit on state income taxes of [...]

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24 August 2009 ~ 1 Comment

The Problem with Loan Modifications

Government’s “Making Home Affordable” program is not helping homeowners.
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Only 6 months after the government announced the creation of the Making Home Affordable program, it seems to [...]

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