Monthly Archives: October 2010

MERS Issues Statement About Customer Rights

MERS, The Mortgage Electronic Registration System issued a statement in response to a statement of enforcement from the Attorney General of the District of Columbia. Apparently MERS hadn’t been completely responsive to the borrowers needs and the AG took action. … Continue reading

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Recover Windows 7 Admin Password

I spent a lot of time this week on a problem with a Windows 7 laptop. Somehow, the admin password had changed. No, we did not forget it. One day we could not get access. I was able to access … Continue reading

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The Fed Wakes up to the Foreclosure Crisis

While the foreclosure mess has been going on for some time, the Federal Reserve has decided to join the fray.  The inept Fed Chairman, Ben Bernake feeling pressure from the American people, pretended to take matters seriously.  Whenever government fears … Continue reading

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What if You Buy a Foreclosed Home?

The RGJ published this AP article about the perils of buying foreclosed homes. It is another perfect example of what the AP does best, spreading fear and alarm.  It contains little substance. But now thousands of foreclosures around the country … Continue reading

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Bank Owned Homes Increases Sharply. Foreclosures Down.

The RGJ reports that the number of bank owned home jumped sharply in September.  In the same article they report that the number of foreclosures has dropped. I’m curious about how that could be, although it appears that the numbers … Continue reading

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AreShort Sale Investors Being set-up by the Banks

Ron Ballard, the California Short Sale Lawyer has a must- read post on the impossible requirements banks are imposing on sellers, buyers and agents. Most lenders routinely require that the seller, listing agent and often the buyer and their agent sign … Continue reading

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The Washington Post Reports on MERS

The Washington Post reports on the MERS connection with the foreclosure crisis. http://www.washingtonpost.com/wp-dyn/content/article/2010/10/07/AR2010100702742.html For more see The Reno Real Estate Guide.

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