The Robbo Report

Secretary Shaun Donovan

2009-02-27T21:05:07Z

Secretary Shaun Donovan,

Department of Housing and Urban Development,
discusses Obama housing plan

Mortgage Rates Rise Slightly On 30-Year Fixed Loan

2009-02-27T17:16:36Z

CNBC: U.S. mortgage rates rose in the latest week, complicating government efforts to bring mortgage rates down to levels that will spur demand and help the housing market begin to recover.

Little Income, Lots Of Equity; And The Pros, Cons Of HELOCs

2009-02-27T17:13:30Z

Jack M. Guttentag: A common problem among older homeowners is that they no longer have the income to service their mortgage, and they don’t have a good way to convert the substantial equity in their house into cash flow. The case below is typical.

Home Sales Plunge Again As Buyers Remain Hesitant

2009-02-27T17:04:31Z

CNBC: Sales of existing homes took an unexpected plunge from December to January, falling to the lowest level in nearly 12 years as pessimism about the economy grew and buyers waited to see how the new government would help revive the US housing market.
*
Diana Olick: Beyond The Existing Homes Sales Headlines

Boomers: 30% Underwater

2009-02-27T17:00:23Z

CNN/Money: Many of those nearing retirement will have very little to live on thanks to an erosion of home equity.

Chinese Shop For Real Estate Deals

2009-02-27T16:52:47Z

Jane Wells: This week I spent some time with a group of Chinese multimillionaires touring America house hunting for bargains. They signed up for the $5,000-per-person trip through the Chinese version of Realtor.com, called Soufun.com.

Santelli Sets The Record Straight

2009-02-27T16:47:48Z

Fast Money: Rick Santelli obviously touched a nerve with his rant heard round the Internet. But what’s all the fuss really about?
*
CNBC: Santelli’s Shot Heard Around The World, And The World Reacts

Home Mortgage Refinancing Fees Going Up as Credit Tightens

2009-02-27T15:51:34Z

The Street: When it comes to refinancing your mortgage these days, being able to lock in a lower interest rate is the good news. The bad news? Finding out how much it will cost you. And with tighter lending standards in place and volatile interest rates, that bill keeps creeping up ever higher.

2009-02-26T20:55:20Z

Homeowner Affordability and Stability Plan – Official Outline

*Point: Michelle Caruso-Cabrera
Housing Plan: A Break For Those Who Least Deserve It

*Counter Point: Carmen Wong Ulrich
Obama’s Housing Plan Will Help Responsible Homeowners, Too

2/20 – Detroit Free Press: Help goes to home owners, though more needed

2/20 – National Review: Housing Flop

2/20 – Reuters: Mortgage lenders busy after Obama plan laid out

2/20 – Larry Kudlow: Subsidize Bad Behavior?

2/20 – International Herald Tribune: Housing aid won’t solve U.S. crisis

2/20 – Washington Post: Mortgage Rescue Eligibility Still Being Finalized

2/20 – Mercury News: Details of the Obama mortgage plan

2/20 – Time: Will President Obama’s New Housing Plan Work?

2/20 – Boston Herald: Will President Obama’s plan help you?

2/20 – Washington Post: Mortgages and the Stimulus Plan

2/20 – Arizona Republic: Here’s a better way to aid homeowners

2/20 – Newsday: FDIC chief: I understand criticism of mortgage program

2/20 – The Atlantic: Some thoughts on the housing plan

2/20 – Boston.com: Homeowners anxious for details

2/20 – Cliff Mason: The Obama Plan: What Is Fair?

2/19 – ABC News: Obama’s Housing Rescue Plan Will Slow Home Value Slide as Early as March

2/19 – Chicago Tribune: How Barack Obama’s housing plan might help you

2/19 – The Economist: The foreclosure plan can’t pay or won’t pay?

2/19 – CBS News: Questioning Obama’s Mortgage Bailout Plan

2/19 – Diana Olick: Mr. Obama: Not All Real Estate Investors Are Irresponsible

2/19 – CNBC: Housing Plan: Five Things Investors Need to Know

2/19 – Wall Street Journal: Dukes of Moral Hazard

2/19 – The Street: Three Ways To Take Advantage of Obama’s Mortgage Plan

2/19 – Diana Olick: Who Will Truly Benefit From The President’s Housing Plan?

2/19 – CNBC: Housing Plan Will Have Impact In March: Bair

2/19 – Bloomberg: Obama’s $75 Billion Foreclosure Plan Spells Relief for Bankers

2/19 – Washington Post: HUD Secretary: Banks must ‘step up’ on foreclosure

2/19 – The Street: Obama Plan for Housing Flawed, Critics Say

2009-02-25T07:16:46Z

Link:

Rocket Docket: End Of The Foreclosure Process

2009-02-24T00:59:07Z

CNN: With eyes tearing, some stare off into space. Others sit quietly with an expressionless pain as they wait for the inevitable. When you are called before this court, it’s the end of the line. You are about to lose your home.