November 22, 2011
I consider myself to be a fiscal conservative. But can you be conservative and still carry mortgage debt? Of course, mortgage debt in and of itself isn’t bad. Certainly our tax code rewards mortgage debt, unlike other debt such as credit card debt. However, the question becomes whether home owners should aggressively pay down their […]
Posted in Buying, General, Market, Mortgage | Tagged Debt, Investment, Mortgage, Tax Deduction
November 6, 2011
This is an interesting development on the mortgage financial front. The WSJ is reporting that over 4.5 million homeowners who were in some state of foreclosure during the past two years may be eligible for financial compensation. The compensation would come only after a review by the Office of the Comptroller of the Currency and the […]
Posted in Buying, General, Market, Mortgage | Tagged Foreclosure, Fraud, Mortgage