Monthly Archives: December 2009

Home Prices Still Improving

This Reuters story reports “Home prices flat after five months of gains“. U.S. home prices were unchanged in October, according to the widely watched Standard & Poor’s/Case-Shiller indexes released on Tuesday, indicating stabilization in the hard-hit housing sector though the … Continue reading

Posted in Uncategorized | Tagged , , , | Leave a comment

Merry Christmas From RERENO

From all of us to all of you, we wish you a very merry and blessed Christmas.The Birth of Jesus

Posted in Misc. | Leave a comment

The impudent tyranny of Harry Reid

This Washington Examiner editorial says it all. Senate Majority Leader Harry Reid of Nevada is proving once again the maxim that darkness hates the light. Buried in his massive amendment to the Senate version of Obamacare is Reid’s anti-democratic poison … Continue reading

Posted in Government, Politics | Tagged , , | Leave a comment

Harry Buys votes Using Taxpayer Funds

Do you really think Harry cares about you?  I doubt it!  He spent more taxpayer money buying votes than he ever stole to bring pork home to Nevada.http://jammiewearingfool.blogspot.com/2009/12/was-your-democrat-senator-too-stupid-to.html http://michellemalkin.com/2009/12/21/cash-for-cloture-demcare-bribe-list-pt-ii/ If you thought the economy was bad, just wait until you … Continue reading

Posted in Politics | Tagged , , , | Leave a comment

MERS; What Is It and Why Do We Care?

This post somehow seems too elementary, but I need to start somewhere.  If this is exceedingly basic, please bear with me because I hope to build from here. Back in the days before computers, when a bank lent money a … Continue reading

Posted in Uncategorized | Tagged , , , | 1 Comment

Another Court Ruling against MERS: They Lack Standing

U.S. District Judge Kent Dawson in Las Vegas upheld a bankruptcy court ruling making it harder for lenders to foreclose on home mortgages. This case involved MERS, (Mortgage Electronic Registration System) asking bankruptcy court to lift a stay against foreclosure … Continue reading

Posted in Uncategorized | Tagged , , , | Leave a comment

Lt. Gov. Brian Krolicki: Charges Dismissed

Las Vegas judge Valerie Adair today dropped charges against Lt Gov Brian Krolicki. Charges against Lt. Gov. Brian Krolicki and his chief of staff tied to his alleged mismanagement of a college savings program were dismissed this morning in Clark … Continue reading

Posted in Politics | Tagged , | Leave a comment

More Housing Price Decline Expected

According to this Reuters story, we have still not hit bottom in housing prices. Mark Zandi, chief economist at Moody’s Economy.com in West Chester, Pennsylvania, said in an interview with Reuters home prices will resume their decline by early next … Continue reading

Posted in Uncategorized | Tagged , , , , | Leave a comment

A Graphical Representation of Unemployment

For a graphical representation of unemployment in this recession click this link. http://cohort11.americanobserver.net/latoyaegwuekwe/multimediafinal.html It wowed me. Do you think it might affect foreclosures, short sales, or any recovery?

Posted in Uncategorized | Tagged , , | Leave a comment

Government Announces New Guidelines for Short Sales

The U.S. Treasury Department announced new guidelines this week designed to speed up make short sales. In a short sale the existing lender accepts less than the mortgage balance as payment in full. The plan expands the government’s Home Affordable … Continue reading

Posted in Uncategorized | Tagged , , | Leave a comment