Caroline Gerardo, C. G. Barbeau the Loan Lady nmls 324982 (Sun West Mortgage Corporation)

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Bob Crane
Woodland Management Service / Woodland Real Estate, Keller Williams Fox Cities - Stevens Point, WI
Forestland Experts! 715-204-9671

Will this be one of those defining moments mentioned in the future when discussing the origins of the next mortgage crisis?

Jul 05, 2020 05:44 PM
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Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

I can't read past the dancing frog. 

Jul 06, 2020 07:06 AM
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Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

I can't see how this wouldn't ultimately trigger more defaults. I read the article. It still makes no sense to me how eliminating debt to income ratio when qualifying a mortgage would reduce risk.

Jul 06, 2020 04:56 AM
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Pete Xavier
Investments to Luxury - Pacific Palisades, CA
Outstanding Agent Referrals-Nationwide

Current DTI requirements being eliminated...interesting.

Jul 06, 2020 12:35 AM
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Doug Dawes
Keller Williams Realty - Topsfield, MA - Georgetown, MA
Your Personal Realtor®

I don't know

Jul 05, 2020 07:39 PM
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Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

I have zero ideas what you are talking about.  Loans being sold on secondary market?  Because those rates are certainly not current loan rates in my market.

Jul 05, 2020 05:45 PM
Rainmaker
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Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
& Host of Postcards From Success Podcast

What Huh GIF - What Huh Simpsons - Discover & Share GIFs

 

Jul 05, 2020 05:29 PM
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816,125
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

Increasing health care cost bankrupting citizens.
Covid-19 looming health care costs promising more disruption.
FORCED unemployment.
County/state limiting work opportunities.
I guess eliminating Debt ratios will get lost in the coming dust storm and now one held accountable. Thank goodness Kanye West, Kardasian and Jenner are coming to save us all.

Jul 06, 2020 07:44 AM
Rainmaker
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Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

Anything to help qualified buyers would be nice

Jul 06, 2020 05:24 AM
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Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
The right Charlotte REALTOR!

The Patch may be expiring soon but, CFPB will implement alternative criteria/guidelines. I don't see them allowing a repeat of 2008. 

Jul 06, 2020 10:19 PM