I couldn’t make this stuff up. “Octomom” is facing foreclosure, and a leading adult entertainment kingpin is offering to pay her mortgage. Only in America!
Dear Abbey, “If a mid-sized lender that is not doing any FHA loans (or is about to go through their test cases) absorbs or buys a branch or smaller lender who [...]
Tags: Commentary · Mortgage Market · Rob Chrisman
IS THERE MORE DOWNSIDE TO HOUSING PRICES? – Good thoughts here from David Rosenberg on the price of real estate in the United States. Rosenberg points out that housing is still an excessively high percentage of household assets. If history is any guide it could [...]
Tags: Mortgage Market
Date: March 22, 2010 at 8:45 Eastern Benchmark [...]
Tags: Mortgage Market
Two nuns, a penguin, and a man with a parrot on his shoulder walk into a bar. The bartender says, “What is this – some kind of joke?”
What is no joke are the number of investor changes which continue to impact loan agents, underwriters, compliance, and pricing engines across the nation. AmTrust Bank tweaked its [...]
Tags: Commentary · Mortgage Market · Rob Chrisman
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