…before the higher mortgage insurance premiums kick in. I’ve been alerted by multiple lenders this week regarding the new FHA […]
Tag: Lending
Lending standards to remain tight
According to yesterday’s Bloomberg.com article, “U.S. banks tightened standards on all types of loans in the second quarter and said […]
Now May Not the Time to Buy
Unless you’re a professional foreclosure investor, on a company relocation package, too rich to care, or desperate to get away […]
Under the Kimono: The End of Wall Street
This is a stellar Friday afternoon read, with many thanks to Incline Jim for forwarding the link. It’s a behind-the-scenes […]
“1929 was for pussies…”
Or so said Jon Stewart this evening during his commentary on what I like to call Behemoth Black Monday. Surprisingly, […]
What Happens Now With Fannie and Freddie?
The following post is from Stephanie Hanna, a lender we work with. It provides an inside the lending industry view […]
Strange Call from American Home Mortgage…
…Or at least their loan servicing center in India, because I think that’s all that’s left of the company. They […]
GMAC Mortgage Death Watch
Bloomberg announced today that GMAC Mortgage is closing 200 offices and dismissing 5000 employees. This just keeps getting worse and […]
