What a fascinating and tumultuous time is upon us! Both the housing and the mortgage market are convulsing wildly! There are so many facets to the "big picture" that I would never presume have all the answers, so the following disclaimer is in order: I am a mortgage broker and the following is my opinion...
Posted to
MND NewsWire
by
Glenn Setzer
on
Thu, Nov 1 2007
Filed under:
Filed under: housing bubble, home builders, home prices, Freddie Mac, adjustable rate mortgage, Fannie Mae, Conforming Loan, lending standards, mortgage lenders, home equity, underwriting, mortgage backed security, alternative loans, credit rating, real estate boom
In a press release and subsequent press conference Thursday, the Mortgage Bankers Association (MBA) cited fourth quarter 2004 figures in reporting a decline in the rate of delinquent payments on and pending foreclosures of residential mortgages since both the third quarter of 2004 and the end of 2003...
Posted to
MND NewsWire
by
Glenn Setzer
on
Fri, Mar 18 2005
Filed under:
Filed under: Freddie Mac, adjustable rate mortgage, Fannie Mae, Mortgage Bankers Association, Federal Housing Administration, MBA, delinquent payments, fixed rate mortgage, pending forclosures, residential mortgages, outstanding mortgage loans, prime, sub-prime, Veterans Administration, real estate appreciation