Whoops, Social Security Just Went Bust – Henry Blodget – Social Security will pay out more in benefits than it receives in payroll taxes this year, the first big milestone on the road to its eventual insolvency.  Thanks to a surge in benefits and a collapse [...]

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An agent recently wrote to me asking, “If prices in California are up 14% from a year ago and it’s been, what seems like, years since I’ve had an appraiser indicate the prices were ‘declining,’ then why (oh why) does every conventional loan in California still have an additional fee charged by investors, or a [...]

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   MUST READ:  Recently uncovered and unbelievably accurate: Sir John Templeton’s last predictions – written in 2005 – By: Christopher Ruddy – NewsMax.com   ———— more on the Big Mac Index:  More Chinese Food – … or years now, the Economist has [...]

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Do you live in a flood plain, or have borrowers that do? Be forewarned that the Senate adjourned Friday without extending the National Flood Insurance Program. Language that would have kept the program in place until April 30 was part of a more comprehensive House bill that extended a variety of federal programs was stalled [...]

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