Tag Archive: foreclosure

Recession, Recovery & Tax Credits

It appears that many congressional leaders believe that the $8K tax credit should be extended as it appears to have helped stimulate increased demand for homes and therefore industry related employment as well. The housing industry is still in a fragile state, but we are seeing fairly steady improvement. Unfortunately, with every good program, there…

The Bail-Out – Who’s Being Bailed Out & Who’s Bailing Out!?!

So which is it? Last evening, 10/1/08, the US Senate voted to approve a new version of the $700B Bail-Out bill for Wall Street. I’m not impressed. Yes, they would like you to think that this bail-out is for Main Street, but that is just simply not the case. If it were truly for Main…

The Housing Bill – A Panacea or False Hope

OK, so President Bush signed what’s been commonly called the Housing Bill. It’s being touted as a panacea for our mortgage and housing market ills, but unfortunately comes nowhere near to being such. Again, I must restate from a previous post, The American Housing Rescue and Foreclosure Prevention Act, it should be called the Banker…

The American Housing Rescue and Foreclosure Prevention Act

Welcome back to Marc’s Corner – As I’d mentioned in my previous post, we are going to discuss the American Housing Rescue and Foreclosure Prevention Act, which in some circles is know as the Bank and Builder Bailout Act.Hmmm, imagine that! There are many aspects to this bill and for our purposes we will only…

Welcome to Marc’s Corner –

Thank you for stopping by and reading. My name is Marc Grossman & I was asked by the staff at Zolve, after they read a couple of my blog posts, if I would contribute to this site. I must admit that I was thrilled at the opportunity and humbled at the same time. As you…