Items Tagged with 'Rick Sharga'
Market indicators signal bubble boom and burst? Yes.
November 13, 2013
Despite rapid increases in home prices over the past year, prices are 4% undervalued in the fourth quarter — meaning the market is nowhere near another housing bubble. Right?Read More
Under this legal theory, the bureau's own lending rules make no sense
September 25, 2013
"If the CFPB intends to pursue discrimination caused by policies that have a discriminatory effect, it may want to start by looking a little more closely at the policies of its own," says Rick Sharga, executive vice president with Auction.comRead More
Industry defends the bank, saying repetitive crime makes maintenance a struggle
September 25, 2013
Bank of America is in the crosshairs of an advocacy organization as it attempts to prove the bank is neglecting REO properties in minority neighborhoods. But the mortgage industry has a different take on the issue—namely that crime is making it difficult for institutions to maintain these homes.Read More
Builders remain cautious in game-changing market
September 18, 2013
"The small rise in starts in August, which was below expectations and would have been a fall were it not for downward revisions to earlier data, is not as disappointing as it first appears," said analysts at Capital Economics. "The figures are skewed by the volatile multi-family sector; single-family starts posted an encouraging gain."Read More
Bill designed to save short-sale tax break loses traction
September 5, 2013
Short sales have become a critical alternative to foreclosure for struggling homeowners who are underwater. But the California legislature's failure to pass a bill governing the tax treatment of short sales may have upended the perceived advantages of the short sale.Read More
From HW Magazine
When is the right time to buy nonperforming whole loans?
September 4, 2013
In a transient market where investors want to stay ahead of the curve, nonperforming loans remain a considerable point of intrigue for investment firms that want to latch onto troubled assets and mentor them back to profitability.Read More