Posts Tagged ‘mortgage lending’

Michael “Air” Jordan Sees $15 Mil Disappear into Thin Air

Michael

New home sales are down. They're only a small part of the much larger housing market, but their numbers are important to the U.S. economy in terms of job creation along with being a strong indicator of builder confidence... (Continue reading)

Bank of America: Lending Tight as Ever and Won’t Change Soon

Bank of America: Lending Tight as Ever and Won't Change Soon

What compelled me to write after reading the Origination News article was that it told a story that I’ve longed to read for a long time… finally, the mortgage industry was taking over my job these last six years, by... (Continue reading)

Realtors & Mortgage Brokers: Toughest Year for Housing Markets Since 2010 Ahead

Realtors & Mortgage Brokers: Toughest Year for Housing Markets Since 2010 Ahead

This past September signified the fourth straight month of a decline in existing home sales, while mortgage interest rates hit two-year highs. The Mortgage Bankers Association index of mortgage activity is now at its lowest point since November of... (Continue reading)

New Legislation to Offer $1 Billion in Federal Loans to Help Unemployed Homeowners Pay Mortgages

New Legislation to Offer $1 Billion in Federal Loans to Help Unemployed Homeowners Pay Mortgages

Plus, if I was at all unsure of my position on this program, the clincher was finding out that the cost of both programs is being covered by a tax on large banks and hedge funds contained in the bill.... (Continue reading)


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