Friday, December 17, 2010

Geithner Gets Hammered, Less Foreclosure on HELOCs, and HR 6460

In this week's video, Aaron Norris of The Norris Group discusses housing data released by DataQuick and First American CoreLogic, the increase in housing starts according to the NAHB, Timothy Geithner's defense of the TARP program and HAMP modifications, the reason for people defaulting according to the Federal Reserve Bank of Philadelphia, the Dodd-Frank Act, and the proposed H.R. 6460 bill which would disallow Fannie and Freddie from buying loans in the MERS system. He also discusses upcoming events including the radio show with John Daurio of Kondaur Capital Corp. and lets everyone know that The Norris Group will be on break beginning December 24-January 2. See thenorrisgroup.com for more info on hard money loans and tngtrustdeeds.com for information on trust deed investing.

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Friday, December 10, 2010

Economic Reports from Zillow & Fitch and Obama vs. Mortgage Tax Deduction

In this video, Aaron Norris of The Norris Group gives the news of the week in the world of real estate and other big events. Aaron discusses the real estate market, including housing numbers released by Zillow, Fitch, and Morgan Stanley, the recent report released by Fannie Mae regarding the housing market, the principle reduction program in conjuction with FHA as discussed by the Obama Administration, and the recent mortgage interest tax deduction. He also discusses upcoming events including the radio show with Tom Anderson, and the SDCIA December event in San Diego. This video is a follow-up to the Norris Group's real estate blog.

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Friday, December 3, 2010

Unemployment and FDIC Discloses Recipients of TARP Funds

In this video, Aaron Norris of The Norris Group gives the news of the week in the world of real estate and other big events. Aaron discusses the real estate market, including numbers released by Freddie Mac and jobless claims, the FDIC's releasing of names and dollar amounts of banks that received emergency funding, a recent report released by Inside Mortgage Finance regarding the buying of foreclosures, and the dual track for foreclosures. He also discusses upcoming events including the radio show with Tom Anderson, and the December events in San Diego. This video is a follow-up to the Norris Group's real estate blog.

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