ARCHIVED BLOG POSTS
2012
Many economists expect the housing crisis to end this year, according to a report released on Tuesday by Capital Economics.. One of the reasons: loosening credit. Banks are now lending amounts up to 3.5 times borrower earnings. This is up from a low during the crisis of 3.2 times borrower earnin...
01/27/2012
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There is help for homeowners to lower their monthly mortgage payments and get into more stable loans at today's low rates. And for those homeowners for whom homeownership is no longer affordable or desirable, these programs can provide a way out to avoid foreclosure. Additionally, in an effort ...
01/23/2012
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The FBI is looking to relocate its headquarters from Washington DC and Fairfax County VA is on the list. The FBI has been considering relocating from its current headquarters on Pennsylvania Avenue since November, when the Government Accountability Office gave the Agency two options: to either ...
01/22/2012
Effective Feb. 1, Freddie Mac is giving mortgage servicers expanded authority to provide six months of forbearance to unemployed mortgage holders without prior approval, and an additional six months (12 months total) with prior approval. This new policy essentially doubles the previously offere...
01/13/2012
It's no secret that the short sale process can take months to close. From cooperation with buyers and sellers, the primary lienholder and any secondary lienholders, short sales can be a bumpy ride. To help streamline this process, MRIS has launched the Fannie Mae Short Sale Assistance Desk (SS...
01/11/2012
Veros Real Estate Solutions released its forecast for the 12-month period ending December 1, 2012. Their findings indicate "the national housing recovery will continue to be gradual and slow without any significant changes in markets." Veros predicts up to a 4% appreciation in the strongest mark...
01/11/2012
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Inc. Magazine recently published its annual list of the 500 fastest-growing companies in the United States. The leading community on that list is Fairfax County, with 26 companies. The Fairfax companies on this list are as diverse as the community itself. They include IT services firms, compani...
01/03/2012