Mortgage mess claims another victim
The big reason behind WaMu’s failure is no surprise: Its home-loan business sunk the bank. WaMu had way too much in mortgage-related losses. [Read more]
Lose your home, and your vote?
Election officials and voting-rights groups are worried that many of the millions of U.S. homeowners who lost their residences to foreclosure will also lose their chance to vote in the upcoming presidential election. [Read more]
The fool and I agree: bigger homes not necessarily better
I cringe whenever I hear someone boast about how “green” their 5,000-plus-square-foot home is. I say your home can’t be environmentally friendly when it gobbles up that so much space, and when it requires so much raw material to build. [Read more]
Living in Miami? Then you’re probably spending too much on your home
Homeowners in the Miami-Fort Lauderdale-Miami Beach area spent a whopping 58 percent of their income on mortgage payments. That’s an amazing figure. Ideally, a home should not suck up more than 30 percent of its owner’s income. I can’t imagine spending more than half of my income on mortgage payments. [Read more]
What the Realtors want from TLC and HGTV
I’ve always wondered if agents consider the shows allies — educating potential buyers and sellers about the housing market — or enemies, filling the heads of buyers and sellers with housing myths. [Read more]




