Study Group: Retail Mortgage Origination 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...

Bank of America shareholders would be well served if Bank of America would just walk away from Countrywide.  Why would any bank buy another bank that is hemorrhaging so much?  It doesn't make any sense as to why Bank of America would buy Countrywide if they may write-down another $20 - $30...

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...

Washington Mutual's decision to exit the Wholesale mortgage market along with the demise of othe wholesale lenders and similar exit of wholesale by yet other lenders will severely affect Mortgage Brokers ability to properly place loans for clients. This of course could be a significant opportunity for...