New Year Opens With Inspector Licensing and Tax Increases
The new year brings new rules—and, in some places, higher taxes for home buyers and sellers.
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Freddie Mac Steps Up Mortgage Purchases (AP via Yahoo! News) Freddie Mac took advantage of cheaper valuations in March to boost its holdings of mortgage bonds for the second month in a row.read more...
Two-day sting results in the arrest of 33 unlicensed contractors A combined law enforcement team recently conducted a sting operation against illegal contractors operating in Ventura County.Commentread more...
CEO in the mail room (Reg Req'd) Herbert Wender encountered a problem after arriving in the executive suite at Radian Group Inc.read more...
Mortgage defaults in California near decade high (Reuters via Yahoo! News) The number of mortgage default notices sent to California homeowners last quarter rose to its highest in nearly 10 years as home prices stagnated and rates on adjustable loans
Experience, Thoroughness Are Key Attributes Q DEAR BARRY: I am quite disgusted with the home inspection industry. Before buying my home, I hired the inspector who was recommended by my agent. First of all,
Goodbye, My Sweet Deduction There are no cows more sacred in the tax code than the deductions for mortgage interest and property taxes.read more...