Option ARM Losses Surpass Subprime

Feb 4th, 2010 by IrvineRenter 

Congratulations to Option ARM borrowers for costing lenders more in losses than subprime borrowers! Today's featured property is one of a number of two-bedroom condos sporting a wide range in asking prices.

14 WILDFLOWER Irvine, CA 92604 front 14 WILDFLOWER Irvine, CA 92604 kitchen

Irvine Home Address ... 14 WILDFLOWER Irvine, CA 92604
Resale Home Price ...... $295,000

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Will Government Exit the Mortgage Market on Schedule?

Feb 3rd, 2010 by IrvineRenter 

The Government and Federal Reserve are scheduled to remove their market props soon. Do you think it will happen on schedule?

5054 ALDER Irvine, CA 92612 front 5054 ALDER Irvine, CA 92612 kitchen

Irvine Home Address ... 5054 ALDER Irvine, CA 92612
Resale Home Price ...... $420,000

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Posted in HELOC Abuse

No Housing Market Bottom

Feb 1st, 2010 by IrvineRenter 

Today we review current conditions to verify that we are not at the bottom of the housing market, and examine the property of a grade D HELOC abuser.

17 SUNRISE Irvine, CA 92603 rear 17 SUNRISE Irvine, CA 92603 kitchen

Irvine Home Address ... 17 SUNRISE Irvine, CA 92603
Resale Home Price ...... $1,528,000

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Posted in HELOC Abuse

HELOC Abuse Grading System

Jan 6th, 2010 by IrvineRenter 

Home Equity Line of Credit (HELOC) abuse was a massive stimulus to our economy, and now it is one of the leading causes of foreclosure. Today, we are going to take a detailed look at this phenomenon and the implications for future lending.

25 ROSE TRELLIS Irvine, CA 92603 front 25 ROSE TRELLIS Irvine, CA 92603 kitchen

Irvine Home Address ... 25 ROSE TRELLIS Irvine, CA 92603
Resale Home Price ...... $1,267,000

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IHB News 1-2-2010

Jan 2nd, 2010 by IrvineRenter 

Today we have a little HELOC abuse to go with your weekend news update.

171 BRIARWOOD Irvine, CA 92604

Irvine Home Address ... 171 BRIARWOOD Irvine, CA 92604
Resale Home Price ...... $319,000

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Posted in HELOC Abuse News

IHB News 12-26-2009

Dec 26th, 2009 by IrvineRenter 

Happy Boxing Day!

5322 PLUM TREE Irvine, CA 92612 front 5322 PLUM TREE Irvine, CA 92612 kitchen

Irvine Home Address ... 5322 PLUM TREE Irvine, CA 92612
Resale Home Price ...... $520,000

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Merry Christmas from the IHB

Dec 25th, 2009 by IrvineRenter 

Santa left Super Mario Bros. Wii!!! I am having so much fun!!!

27 KERNVILLE Irvine, CA 92602 front 27 KERNVILLE Irvine, CA 92602 kitchen

Irvine Home Address ... 27 KERNVILLE Irvine, CA 92602
Resale Home Price ...... $1,250,000

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