LandAmerica’s future is now, officially, in doubt (again). Going from bad to worse ….
11.26.08 >> Title insurer LandAmerica Financial Group Inc. said Wednesday it will file for bankruptcy protection, while competitor Fidelity National Financial Inc. said it will acquire three of LandAmerica’s subsidiaries.
The bankruptcy filing of LandAmerica’s holding company and subsidiary LandAmerica 1031 Exchange […]

Less than two weeks ago we posted a mind-boggling article to this Blog that outlined some $4.28 Trillion Dollars that the government was estimated to fork over, to overt a complete financial meltdown.
Incredibly today, Bloomberg News has updated and calculated that new rescue number to be a wopping  $7.4 Trillion Dollars!!!
So here is the multi-trillion dollar question: What will our […]

Economists at Freddie Mac are more pessimistic about the economy than they were just a short month ago, and no longer believe mortgage origination’s will rebound in 2009.
And as bleak as these projections are, the real question is — who knows where all of this is going: Mortgage origination’s down, home sales down, home […]

Believe it or not, in Maryland the news is mixed, when it comes to foreclosures. It is not all negative. So how bad is residential real estate in Maryland? As reported today in the Baltimore Business Journal, RealtyTrac, Inc.

One of every 774 households in
Maryland was in foreclosure in October, according to an industry report […]

This just in from www.PerotCharts.com. As outlandish as this idea may seem on the surface, some powerful House Democrats are actually considering proposals that would overhaul the twenty-five year old $3 Trillion 401(k) system, including the elimination of most of the $80 Billion annual tax breaks that 401(k) investors receive.
We present this information not because it […]

There is a proposal on the table that would allow bankruptcy judges to modify loans. You read it right ….
This proposal was actually taken out of the Housing and Economic Recovery Act (HERA) passed in the summer 2008, BUT this particular provision was a deal-breaker for President Bush.
Take note, though, with the election results of November 4th, our focus […]

Not even Mike Rowe would want this dirty job. In fact, it is hard to even imagine anyone sane wanting to be President, right about now. These guys have fought for almost two years and have spent nearly a billion dollars to secure the position.
Now here is what they will inherit (for real). The facts […]