A(nother) Wide-Scale Mortgage Principal Balance Reduction Initiative Will Not Happen Volumes of research have appeared over the past six months about loan modifications, why they do not work, and what makes for the optimal solution. They all agree that permanently waiving principal is the key to a successful mod. The chances of an effective wide-scale [...]
Happy Holidays. This reports contains material from various 2009 Mortgage Pages reports and is a great segue into 2010 events. Talk to you then. Mark Hanson Why Millions More Homeowners are At -Risk than Most Think Up to 20 Million Borrowers may be in Imminent Risk What 50% DTI Really Means Relative to Time-Tested 28/36 [...]
The following is an excerpt from The Mortgage Pages research series on 11-13-2009. – Los Angeles County – YEARS of Mid-to-High End Shadow Supply Our mission is to provide our clients a significant edge. This is done by turning the daily, market-moving real estate and mortgage news flow and events into old news by the [...]
The report was first released to clients as part of The Mortgage Pages series on November 12th, 2009. Think of this report as more of a summary rant derived from a couple of years of exhaustive research on the sector. Mid-to-High End Housing and Borrower Reality A Slower Moving Train Wreck Price Dumping & Short [...]