Regarding the article “Fed Advocates REO Rental Program” (Daily Real Estate News, Jan. 5, 2012), the Fed needs to ease the restrictions for investor loans to investors that have good credit and maintain more than four mortgages in good standing. We have lots of potential buyers in our marketplace, but because they have four or more loans, they are prevented from purchasing. It’s a ridiculous restriction and inhibits small business. Loans to qualified investors were not the mortgage problem.
Maybe it’s all the tweeting I’ve been doing (via @realtormag), but 400 words feels like a lot to write about one topic. Instead, a potpourri.
Banks can spur a housing recovery by providing underwater borrowers relief through principal reduction.
Government support is critical to a healthy housing market.
Ways to combat threats to real-estate investment.
Ways to make sure that you keep your tenants and ensure that everyone gets a fair deal.
Caution on REO-to-rental initiative; extending debt cancellation relief; FHA fee changes; My REALTOR® Party victories.
Find out which remodeling projects will provide the biggest bang for your buck this year, according to Remodeling magazine.
Get rewarded through the new MVP program; Chrysler deals roll on; REALTOR® University study on renting vs. buying.
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