Housing Bubble 2003 – 2006. This is a really good summary of the causes of the recent housing bubble. Click on the link: A Brief History of the Housing Bubble Courtesy of OCHousingNews.com.
Here’s an interesting article about the state of the economy and housing market – June 2013. Click this link to go to the article directly. Best Explanation on the Fake Housing Market Recovery I’ve Seen By Michael Lombardi | Business 2 Community – Sat, Jun 8, 2013 12:25 PM EDT The average American Joe isn’t participating … Read More
Here’s a great article about the come back of the Jumbo mortgage market, with a story about the typical problems we encounter in this brutal underwriting environment: Why the Jumbo Loan Market is Finally Thawing BY Julian Hebron, for Mortgage News Daily Oct 25 2012 Current housing recovery chatter centers around two main themes: slightly improving stats on home sales, … Read More
The wait may be over for homeowners who want to refinance but owe more on their mortgages than their homes are worth. Many borrowers are now able to refinance through HARP 2.0, a program that allows borrowers to refinance regardless of how deeply underwater they are. Our investors are still rolling this out, so we expect details to change. … Read More