Study Group: Correspondent Mortgage Lending Experts(?)

Long gone are the days of double digit appreciation in home values as money tightens among fears of rising foreclosures. Foreclosures that could have been stopped if the secondary market had not stopped funding loan pools that included sub-prime loans. Now people with 2 and 3 year sub-prime loans do...

It is still too soon to tell if the housing crisis has bottomed out. Foreclosures in April rose another 65%, per RealtyTrac.com and over 1.2 million people are in some stage of foreclosure. We will not be able to tell when the housing crisis hit bottom until years after it hit. Ask any economist and...

This article is important because if it were not for the fright of our banks over sub-prime loans we would not be in this mess in the US and now they are threatening the foreign markets. Banks play an integral role in our secondary markets and because of that and their bearish beliefs on a sector of...

To Qualify for FHASecure Home Loan: eligible homeowners must meet the following five criteria: 1. A history of on-time mortgage payments before the borrower's teaser rates expired and loans reset; 2. Interest rates must have or will reset between June 2005 and December 2009; 3. Three percent cash or...

1) 800,000 properties are being built for 600,000 ‘estimated’ buyers. 2) The increase in the ECB interest rate together with the Spanish Euribor have curtailed the ‘cheap to buy in Spain’ syndrome.