ARCHIVED BLOG POSTS
2012
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WILL BANK WRITE DOWNS HELP SAVE HOUSING? I find myself reviewing several articles on the above subject again today and I have to ask "will bank write downs help save housing?" And, how do I feel about that? It seems everyone has an opinion on the subject. One school of thought is that a home purc...
01/23/2012
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HARPING ON HARP II HARP II is intended to be an improvement over the original refinance program for Fannie and Freddie. Some things like the ability to go to 125% loan to value are still tricky because lenders may not go along. The one big benefit I see is that the loan level price adjustments...
01/18/2012
HOME OWNERS GET SET TO PAY FOR PAYROLL TAX CUT HERE IS THE SUBJECT OF AN EMAIL I GOT FROM ONE OF MY LENDERS TODAY: Conforming and Non-conforming prices will change based on recent Congressional action, worsening pricing "Freddie Mac and Fannie Mae are increasing their Guarantee Fee (GFee) eff...
01/09/2012