ARCHIVED BLOG POSTS
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...
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...
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...