FHA $1.7 Trillion Dollar Treasury Bailout By September 30th
Please reference below the 2011 article written by yours truly about potential bailout at FHA, but the 2013 bailout was not because of securing mortgage purchase loans as losses for purchases was not...
View ArticleStudent Loan Debt Obligations Impact Housing Market
Mortgage applications were down at the end of February to the lowest levels since 1995, and student loan debt is a permanent drag on the market in coordination with a bitter cold winter to put the...
View ArticleHome Equity Line Expiration Looms For Consumers…..Renewal Options
The Tower at PNC Plaza (Photo credit: daveynin) $500 billion or more in equity lines outstanding balances will expire by the end of 2017. You are not alone, and the banks must finance most of the...
View ArticleUpheaval in the Commercial Mortgages Markets:
Metropolitan Life Insurance (6) (Photo credit: Wikipedia) Upheaval in the Commercial Mortgages Markets: Life Insurers Turn into Lenders It seems there is never a dull day at the commercial mortgages...
View ArticleBanks Face Multitude of Challenges
Lehman Brothers Rockefeller centre (Photo credit: Wikipedia) The banks are not having the best 2014 as the implementation of Dodd-Frank (Financial Reform Regulation), investigations, and mortgage rates...
View ArticleJP Morgan Reports 18.5% Drop in Q1 Earnings
Developing Story….. DealBook- New York Times JPMorgan Chase reported an 18.5 percent slump in first-quarter earnings on Friday, as the nation’s largest bank grappled with dual challenges: sluggish...
View ArticleCan Bankruptcy Help Me Strip Off the Second and Third Mortgages?
Can Bankruptcy Help Me Strip Off the Second and Third Mortgages? By Benjamin Roussey Donny Wise & Associates LLC/Finance Dynamic Bankruptcies (Photo credit: taberandrew) If you are a homeowner who...
View ArticleFinance Friday: The Mortgage Checklist for Pre-Approval for Potential Homebuyers
My Mortgage Docs to be Reviewed by an Expert (Photo credit: i am real estate photographer) Being a former banker, the new mortgage regulatory standards set by the Consumer Financial Protection Bureau...
View ArticleGeneration X: The Fall of a Generation in Finance and Money
The Dot Com bust was a 20 year ride of Generation X that ended in 2000. Young Chief Executive Officers were in their 20’s at the time of the last bust of the 20th Century. The time of awareness came...
View ArticleHome prices up 1% in June and 7.5% from 2013
CoreLogic: U.S. Home Prices Up 1% In June by MortgageOrb.com Tuesday August 05 2014 U.S. home prices increased 1.0% in June, compared to May, and were up 7.5% compared to June 2013, according...
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