{"id":204705,"date":"2010-01-20T17:27:02","date_gmt":"2010-01-20T22:27:02","guid":{"rendered":"http:\/\/mortgagenewsclips.com\/2010\/01\/20\/housing-and-mortgage-related-hpi-calculator-hafa-sneaky-hfa-funding-better-to-rent-blodget-on-walk-away-julius-caesar-housing-answer-slashing-principal\/"},"modified":"2010-01-20T17:27:02","modified_gmt":"2010-01-20T22:27:02","slug":"housing-and-mortgage-related-hpi-calculator-hafa-sneaky-hfa-funding-better-to-rent-blodget-on-walk-away-julius-caesar-housing-answer-slashing-principal","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/204705","title":{"rendered":"Housing and Mortgage Related: HPI Calculator, HAFA, Sneaky HFA Funding, Better To Rent, Blodget on Walk Away, Julius Caesar Housing Answer, Slashing Principal"},"content":{"rendered":"<p><a href=\"http:\/\/billcoppedge.com\/\"><img loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" border=\"0\" alt=\"bill-coppedge-dec09-1\" src=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/01\/bill-coppedge-dec09-121.jpg\" width=\"84\" height=\"126\"><\/a> <a href=\"http:\/\/mortgagenewsclips.com\/\"><img loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" border=\"0\" alt=\"original content selection by MortgageNewsClips.com\" src=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/01\/original-content-selection-by-MortgageNewsClips.com21.jpg\" width=\"288\" height=\"61\"><\/a> <\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"http:\/\/paul.kedrosky.com\/archives\/2010\/01\/more_fun_with_r_1.html\"><img loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" border=\"0\" alt=\"econ1\" src=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/01\/econ1.png\" width=\"227\" height=\"307\"><\/a> <a href=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/01\/infectuous-greed.png\"><img loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" border=\"0\" alt=\"infectuous-greed\" src=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/01\/infectuous-greed_thumb.png\" width=\"182\" height=\"56\"><\/a> <\/p>\n<p><strong>cool interactive HPI calculator: More Fun With Real Estate Price to Income<\/strong>: Global Edition &#8211; By Paul Kedrosky &#8211; <strong>The Economist magazine has hugely facilitated making global comparisons of real estate prices to income via the following interactive chart.<\/strong> Check it out &#8211; <a href=\"http:\/\/paul.kedrosky.com\/archives\/2010\/01\/more_fun_with_r_1.html\">Infectuous Greed Blog<\/a><\/p>\n<p>&#8212;&#8212;&#8212;&#8212;<\/p>\n<p><a href=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/01\/hw15.gif\"><img loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" border=\"0\" alt=\"hw1\" src=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/01\/hw1_thumb5.gif\" width=\"261\" height=\"34\"><\/a> <\/p>\n<p><strong>3 point plan &#8211; VIEWPOINT: HAFA Misses the Mark, But Has Potential<\/strong> &#8211; by GARY ACOSTA &#8211; <a href=\"http:\/\/www.housingwire.com\/2010\/01\/15\/viewpoint-hafa-misses-the-mark-but-has-potential\/\">HousingWire<\/a> <\/p>\n<p><strong>&#8212;&#8212;&#8212;&#8212;<\/strong><\/p>\n<p><a href=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/01\/bruce-krasting.png\"><img loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" border=\"0\" alt=\"bruce-krasting\" src=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/01\/bruce-krasting_thumb.png\" width=\"207\" height=\"48\"><\/a> <\/p>\n<p><strong>Another &#8216;Sneaky Pete&#8217;? &#8211;<\/strong> Bruce Krasting &#8211; &#8230;&nbsp; <strong>Basically Fannie and Freddie are going to be the new bankers for HFA (Housing Finance Agency ).<\/strong> Treasury is buying the debt for this, so the taxpayers are at risk. It is not that big a deal, yet. It starts out with a modest $28b.&nbsp; <strong>There was no discussion about this. There was no vote. &#8230; So how is a program of nearly $30b in federal subsidies not put on any budget?<\/strong> How is it there is no vote on this much money? This is substantially larger than California\u2019s deficit. &#8230; &#8211; <a href=\"http:\/\/brucekrasting.blogspot.com\/2010\/01\/another-sneaky-pete.html\">Bruce Krasting Blog<\/a> <\/p>\n<p>&#8212;&#8212;&#8212;&#8212;<\/p>\n<p><a href=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/01\/seeking-alpha17.png\"><img loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" border=\"0\" alt=\"seeking-alpha1\" src=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/01\/seeking-alpha1_thumb7.png\" width=\"166\" height=\"54\"><\/a> <\/p>\n<p><strong>interesting arguments &#8211; Finance Professor Says Most People Should Rent<\/strong> &#8211; Larry MacDonald &#8211; <a href=\"http:\/\/seekingalpha.com\/article\/182877-finance-professor-says-most-people-should-rent?source=email\">Seeking Alpha<\/a> <\/p>\n<p>&#8212;&#8212;&#8212;&#8212;<\/p>\n<p><a href=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/01\/business-insider2.png\"><img loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" border=\"0\" alt=\"business-insider\" src=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/01\/business-insider_thumb2.png\" width=\"111\" height=\"70\"><\/a> <\/p>\n<p><strong>Yes, It&#8217;s Okay To Walk Away From Your Mortgage &#8211; Henry Blodget<\/strong> &#8211; &#8230; Importantly, the reason is not that &#8220;Wall Street deserves it&#8221; or &#8220;We&#8217;ve got to teach the banks a lesson&#8221; or any of the other bogus &#8220;retribution&#8221; logic being thrown around.&nbsp; <strong>The reason is that you and your lender engaged in an arms-length transaction in which you balanced your competing interests and spelled out your agreement and obligations in a clear contract. And unless that contract states that you have a &#8220;moral obligation to pay,&#8221; you don&#8217;t. &#8230;<\/strong> &#8211; <a href=\"http:\/\/www.businessinsider.com\/henry-blodget-yes-its-okay-to-walk-away-from-your-mortgage-2010-1\">Business Insider<\/a> <\/p>\n<p>&#8212;&#8212;&#8212;&#8212;<\/p>\n<p><a href=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/01\/bullion-bulls-canada.jpg\"><img loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" border=\"0\" alt=\"bullion-bulls-canada\" src=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/01\/bullion-bulls-canada_thumb.jpg\" width=\"86\" height=\"86\"><\/a> <\/p>\n<p><strong>(Julius Caesar had) The PERFECT Solution for the U.S. Housing Crisis<\/strong> &#8211; Written by Jeff Nielson &#8211; &#8230; Faced with his own foreclosure-nightmare, Julius Caesar came up with a decisive and practical means to cure the solvency crisis which was at the heart of that real estate meltdown. <strong>Caesar decreed, according to Armstrong, that all mortgage interest would be canceled.<\/strong> Thus, all mortgage payments &#8230; &#8211; <a href=\"http:\/\/www.bullionbullscanada.com\/index.php?option=com_content&amp;view=article&amp;id=7508:the-perfect-solution-for-the-us-housing-crisis&amp;catid=47:us-commentary&amp;Itemid=132\">Bullion Bulls Canada<\/a> <\/p>\n<p>&#8212;&#8212;&#8212;&#8212;<\/p>\n<p><a href=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/01\/wsj-blogs.png\"><img loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" border=\"0\" alt=\"wsj-blogs\" src=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/01\/wsj-blogs_thumb.png\" width=\"286\" height=\"40\"><\/a> <\/p>\n<p><strong>unintended consequences? &#8211; Is Slashing Mortgage Principal the Answer?<\/strong> &#8211; By James R. Hagerty &#8211; &#8230; How would principal reductions induce more people to walk away? Let\u2019s say your neighbor, who hasn\u2019t made any payments on his loan for months, gets a huge reduction in his loan balance. Meanwhile, you\u2019ve been working three jobs and dining on cat food to pay your note each month. Your reward from the bank? Zilch.&nbsp; <strong>So maybe you\u2019d decide to stop paying, too, in the hope of the same deal your neighbor got. &#8230;<\/strong> &#8211; <a href=\"http:\/\/blogs.wsj.com\/developments\/2010\/01\/17\/is-slashing-mortgage-principal-the-answer\/\">WSJ Blogs<\/a><\/p>\n<div class=\"feedflare\">\n<a href=\"http:\/\/feeds.feedburner.com\/~ff\/mortgagenewsclips\/qTBe?a=Da86KyAS5to:WHsJ2n-aeDE:yIl2AUoC8zA\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/mortgagenewsclips\/qTBe?d=yIl2AUoC8zA\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/mortgagenewsclips\/qTBe?a=Da86KyAS5to:WHsJ2n-aeDE:D7DqB2pKExk\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/mortgagenewsclips\/qTBe?i=Da86KyAS5to:WHsJ2n-aeDE:D7DqB2pKExk\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/mortgagenewsclips\/qTBe?a=Da86KyAS5to:WHsJ2n-aeDE:F7zBnMyn0Lo\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/mortgagenewsclips\/qTBe?i=Da86KyAS5to:WHsJ2n-aeDE:F7zBnMyn0Lo\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/mortgagenewsclips\/qTBe?a=Da86KyAS5to:WHsJ2n-aeDE:V_sGLiPBpWU\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/mortgagenewsclips\/qTBe?i=Da86KyAS5to:WHsJ2n-aeDE:V_sGLiPBpWU\" border=\"0\"><\/img><\/a>\n<\/div>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/mortgagenewsclips\/qTBe\/~4\/Da86KyAS5to\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; cool interactive HPI calculator: More Fun With Real Estate Price to Income: Global Edition &#8211; By Paul Kedrosky &#8211; The Economist magazine has hugely facilitated making global comparisons of real estate prices to income via the following interactive chart. Check it out &#8211; Infectuous Greed Blog &#8212;&#8212;&#8212;&#8212; 3 point plan &#8211; VIEWPOINT: HAFA Misses [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-204705","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/204705","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=204705"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/204705\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=204705"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=204705"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=204705"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}