June 2009 - Community Commentary

About This Commentary

The goal of the Community Commentary channel is to provide analysis and perspective on events affecting the mortgage and housing industry from members of our community that work in the marketplace on a daily basis.

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Editorial Disclaimer: The opinions and views expressed here are those of the contributing authors and do not necessarily reflect those of the publisher, editor or the editorial staff of Mortgage News Daily.

Mortgage Meltdown, More Pain To Come

by Mike "Mish" Shedlock

Posted Jun 29 2009, 04:12 PM

T2 Partners has a phenomenal series of charts on the housing crisis stating Why There Is More Pain To Come . The report is 69 pages almost all of them loaded with charts. I took a liberal selection below, adding plenty of comments, but please take a look

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Filed under: mortgage meltdown
Evolution and Natural Selection in the Marketplace

by Alan Hill

Posted Jun 09 2009, 07:13 PM

Allow me to draw you a picture... That's a W . If the top left side of the W represents the economy in December 2007 and the bottom left side of the W represents March 2009, Where do we go from here? Does the Dow retest March lows? Maybe the S&P

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The "Old Normal": Leverage and Affordability

by Alan Hill

Posted Jun 03 2009, 06:40 PM

It's almost impossible to pick up a newspaper or turn on the tube without hearing about rising interest rates and the negative consequences associated with their ascension. I continue to read and hear that rates above 5% will stop the housing recovery

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Why Has The Obama Loan Modification Initiative Been Unsuccessful?

by Matt Martin Real Estate Management

Posted Jun 01 2009, 05:22 PM

The President's loan modification plan is a good faith attempt at keeping people in their homes, but there are a few economical and operational components missing. First, and foremost, no borrower wants to pay on a mortgage that is so far under water

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Filed under: mortgage rescue, loan modification, obama, short sale

June 2009 - Community Commentary

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About This Commentary

Mortgage Meltdown, More Pain To Come

Evolution and Natural Selection in the Marketplace

The "Old Normal": Leverage and Affordability

Why Has The Obama Loan Modification Initiative Been Unsuccessful?