Do you work in a jurisdiction where housing prices continue to fall? Check out this report at Clear Capital to see if your jurisdiction can expect more problems. […]
Foreclosure
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The Big Short
I just finished reading a terrific book about the economic crisis which I’m recommending to everyone who wants to understand why we’re in such bad shape. It’s The […]
Code Enforcement / Foreclosure
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Who Owns Your Mortgage?
After writing this morning’s post, I came across a chart that someone had made to show who was the actual owner of his mortgage. You can find it […]
Foreclosure
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Robosigners and the Trouble in the Housing Market
We are all yearning for stability in the housing market so inspectors no longer have to deal with foreclosure issues and bank owned properties. However, it doesn’t appear […]
Foreclosure
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The Big Short
I just read a terrific book about how we got into this financial mess, The Big Short, by Michael Lewis. Hardly anyone expected these subprime loans to be […]
Code Enforcement / Fire Prevention / Foreclosure / Law Enforcement and Codes
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Crime and vacant buildings
It seems that whenever I travel to conduct trainings, I find interesting items in the local press for this blog. My trip to Troy, Michigan last week for […]
Foreclosure / property maintenance
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Trouble in the multi-family housing mortgage market
There is a very disturbing report, The Multifamily Housing Market and Value-at-Risk Implications for Multifamily Lending, just released by DePaul University’s Institute for Housing Studies regarding the impact […]
Foreclosure
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New Trends in Foreclosure
There are 2 interesting trends in the foreclosure crisis. One involves people walking away from properties even though they can pay the mortgage. Their homes are no longer […]
Code Enforcement / Foreclosure
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Overcrowding and the foreclosure crisis
I’ve been wondering for awhile when we’d begin seeing overcrowding issues crop up because of people losing their homes and moving in with relatives and friends. The Chicago […]
Foreclosure
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Walking away from a mortgage
Inspectors need to be concerned with more than foreclosed properties because more and more people are calculating the numbers and walking away from their homes and mortgages because […]