Some may be old enough to remember the rock band from the 1970s called Three Dog Night. There is an interesting story behind their name. Australian aborigines domesticated and kept wild dogs (dingos). On cold nights they would customarily sleep with their dogs to keep warm. On colder nights they would sleep with two dogs, [...]

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Do you know where your ethics are?
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For vacation rental owners, or those who plan to buy one this year, the planets are aligned in your favor.
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A strange story came out of Washington last week: Fannie Mae and Freddie Mac — the huge companies that buy most conforming loans from local lenders — agreed to tougher standards for appraisers.
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We are already into the year by three months, and some agents are on track for success while others have tied themselves to the track and are patiently awaiting the arrival of the train … Kill me now!
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The Federal Reserve is pumping $200 billion into the financial markets by lending Treasuries to 20 investment firms for a 28-day term. The lucky 20 can, in turn, put up such instruments as triple-A rated mortgage-backed securities as collateral. The move is designed to open up liquidity so that the banks will relax and start [...]

read full story of "Realty Viewpoint: FED Lifeline Ironic As Lawsuits Rain Down On Mortgage Lenders"