Study Group: Mortgage Brokers
Council Members in this Study Group: 1035
This study group may include experts knowledgeable on commercial banking, retail banking, asset management, mortgages, consumer finance, exchanges, capital markets, transaction processing, credit cards, insurance, and business services.
Contact Gerson Lehrman Group to survey or consult with members of this Study Group
Leading institutions connect with members of this Study Group through GLG
Leading Experts in this Study Group
- Joseph Chatham
President
Chatham Mortgage Partners Inc.
Joseph Chatham is the President of Chatham Mortgage Partners, a California based residential mortgage brokerage and consulting firm. 2009 marks, Mr. Chatham’s, 20th year in the mortgage origination industry, mostly as a mortgage broker. His experience...
GLG NewsSM Analyses by this Study Group's Leading Experts(?)
Opinions and analyses expressed in GLG News are solely those of the author. See the Terms of Use for details.
-
Lower Rates, While Great, Do Little For Jumbo Lending
October 1, 2009
Analysis by: Joseph Chatham, President,Real Estate Outlook: Mortgage Rate Dip Impacts Housing | realtytimes.com
The Realty Times article reflects the positive effects of lower interest rates on mortgage originations and home purchases, but fails to note the failure of said rates to transcend the conforming/conventional markets into the jumbo markets. The implications of this failure are that many homeowners in the higher cost states (CA, NY, MA, etc.) still cannot get competitive financing; thus, driving home prices down further.
-
September 28, 2009
Analysis by: Joseph Chatham, President,KB Home Loss Narrows on Fewer Write-Downs | online.wsj.com
KB, a lower cost builder, is benefitting from the perception that we have hit the bottom. We have not. Thus, the peak of the inside of the "W" is about to wane.
-
Round II: Coming to a neighborhood near you
September 25, 2009
Analysis by: Joseph Chatham, President,"Option" mortgages to explode, officials warn | www.linkedin.com
While a very general description of the Pay Option ARM disaster that is looming, the Reuters article is dead-on in two conclusions: many more homes will be hitting the market over the course of the next two and one-half years and that the mortgage plague that started with the subprime crisis will be moving from the lower income strata to the middle and higher income areas.
-
Deutsche Bank Recognizes the Depth and Width of "A" Paper Crisis to Come
August 21, 2009
Analysis by: Joseph Chatham, President,Deutsche Bank on those drowning US homeowners | ftalphaville.ft.com
The depth of the "Alt A" mortgage crisis is coming home to roost. We are likely to see the depreciate creep (or flood as the case may be) is going to hit the areas that the subprime loans barely touched.
-
I hate to say I told you so, but.....
August 11, 2009
Analysis by: Joseph Chatham, President,About Half Of U.S. Mortgages Seen Underwater By 2011 | www.reuters.com
We have a perfect storm brewing in the housing real estate market. All facts point to a furthur drop in values.
Members in this Study Group include these company types:
- Residential Mortgage Origination
Members in this Study Group often have these job titles:
- Loan Officer
- Director
- Sales Manager
- President
- Branch Manager
- Consultant