Here are some of the Realty Reality blog articles that appeared during the past month of October:
HUD Modernizes Online Guide For Avoiding Foreclosure
Do you need help finding a housing counselor or contacting your lender? Or do you want more information about mortgage refinance options offered by HUD's Federal Housing Administration (FHA)? Americans are able to do all this and more thanks to an updated website developed by the U.S. Department of Housing and Urban Development. The Guide to Avoiding Foreclosure is a one-stop-shop designed to educate Americans about the most current housing information and resources HUD has to offer. The updated site has a number of helpful resources particularly important for Americans at risk for losing their homes...
Relief Nears for 3 Million Strapped Homeowners
The U.S. Government's latest plan to aid struggling homeowners is close to being finalized. This plan could move as many as three million people into more-affordable mortgages...
Congratulations Philadeplhia Phillies - 2008 World Series Champians
The Phillies clinched the title by defeating Tampa Bay in the rain-delayed second night portion of the 5th game at Philadelphia. It is their second World Series championship (the 1st occuring in 1980)...
Realtor.Com® Launches New Redesigned Site For Home Searching
A redesigned REALTOR.com, the nation's No. 1 real estate Web site, will launch today to deliver even more user friendly features to consumers and more value and power to Realtors® marketing their brand and client properties...
Federal Reserve Beige Book October 2008 Report
Reports indicated that economic activity weakened in September across all twelve Federal Reserve Districts. Several Districts also noted that their contacts had become more pessimistic about the economic outlook...
Pew Report on Networked Workers
According to a recent Pew Internet & American Life Project report, "Networked Workers", most workers use the internet or email at their jobs, but they say these technologies are a mixed blessing for them...
IRS Certifies Advanced Lean-Burn Technology Vehicles
The Internal Revenue Service(IRS) has acknowledged the certifications by manufacturers that certain advanced lean-burn technology vehicles qualify for the alternative motor vehicle tax credit...
Economists Against Current Bailout Plans
According to a FoxNews.com online article, Economists Raise Concerns About Bailout Plan, "Interviews conducted with a dozen prominent academic economists, Obama supporters as well as McCain supporters, found little support for the bailout bill. Indeed, even the one economist who supported the proposal passed by the Senate Wednesday night had serious reservations..."
Mark-To-Market Rules Effect Everyone
There has been a lot of talk in the news during the current $700B federal bailout discussions regarding the Mark-To-Market (MTM) (also called Marked-To-Market) reporting rules (e.g., FASB 157) that require financial institutions to value their assets at the current fair market value...
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