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- High home prices making 1 out of 3 homes unaffordable. Prefab homes may be a viable option
- Home prices continue to increase, industry experts optimistic
- Mortgage Cram-downs will Cost Hard-Working Americans
- Don’t Believe the Hype on June Home Sales Increase
- New Federal Home Loan Rules are too Much of a Good Thing
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Tag Archives: loan modifications
Mortgage Cram-downs will Cost Hard-Working Americans
It seems that some people in Washington are starting to realize what we in the mortgage business have known for a long time – loan modifications don’t work. Jim Puzzanghera reports in the LA Times this morning that: Federal programs aimed … Continue reading
Posted in Mortgages
Tagged cram downs, Feinstein, loan modifications, luxury reos, luxury short sales
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Get Ready for Late Summer Deals on Short Sale Homes
A recent article by Don Lee in the LA Times titled Another wave of foreclosures is poised to strike highlights the wave of foreclosures that is likely to start breaking onshore by late summer. He cites that the most of … Continue reading