Settlement – Schmettlement. It’s a Gift to the BanksNOBODY seems to like the grand settlement reached yesterday between the.... CONTINUE
Cramdowns – or a Crock of Crap?Representative Zoe Lofgren, a California Democrat, proposed securing meaningful principal write-downs.... CONTINUE
Rent to Own – REO. Who Are They Kidding Now?The L.A. Times recently reported that the Fed is now looking.... CONTINUE
Just How Much FHA Hogwash Can We Swallow?The latest and greatest news is that FHA will allow borrowers.... CONTINUE
Feds to the Market: Let’s Kill High End Real Estate Sales!The New York Times recently reported that “high value” homes are.... CONTINUE
How much medicine can the sick housing market stomach?Strictly speaking… Defining the qualified residential mortgage (QRM) is testing the.... CONTINUE
Fannie and Freddie Get Their Act Together. Almost. Sortof.Lance Churchull writes: "One thing I have wondered about in the.... CONTINUE
No More MERS Foreclosures?Freddie Mac bulleting 2011-05 states No More MERS foreclosures. MERS must.... CONTINUE
How Many Points in Your Wallet?According to Fair Issac Company (My FICO) a company that provides.... CONTINUE
Golly Geez, Do We Say “Goodbye” to GSEs?You may have heard? The future of FNMA and Freddie Mac.... CONTINUE
Fed’s New Compensation Rules: Ouch!The Federal Reserve Board has amended Regulation Z, which implements the.... CONTINUE