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Worst June EVER for New Home Sales

Worst June EVER for New Home Sales

Adjusted down to a rate of 267,000 annual sales was the worst month on record. That "rate," and I do love the way they report monthly numbers as an "annual sales RATE," means that 22,250 new homes were... (Continue reading)

CUOMO’S CROSSING – An Outsider’s Appraisal of the New HVCC Rules

Of course, today Attorney General Cuomo has crossed over to the other side and is looking to play a very different role in the foreclosure crisis. Today, he's going after mortgage brokers, rating agencies, loan modification firms, Fannie, Freddie...... (Continue reading)

July’s Niche Report: Cover Story by Mandelman on HVCC

July's Niche Report: Cover Story by Mandelman on HVCC

The July issue of The Niche Report is in mailboxes across the country and the cover story was written by me once again. It’s on HVCC, the Home Valuation Code of Conduct, which is a new set of rules that... (Continue reading)