December 5, 2017
Buying after Bankruptcy
Realtor.com quoted me in Buying a House After Bankruptcy? How Long to Wait and What to Do. It opens, Buying a house after bankruptcy may sound like an impossible feat. Blame it on all those Monopoly games, but bankruptcy has a very … Continue reading
December 5, 2017 in Home Ownership | Permalink | No Comments
November 30, 2017
Storm-Induced Delinquencies
The Urban Institute’s Housing Finance Policy Center has released its November 2017 Housing Finance at a Glance Chartbook. The Introduction looks out how this summer’s big storms have pushed up delinquency rates: The Mortgage Bankers Association recently released the results … Continue reading
November 30, 2017 in Home Ownership | Permalink | No Comments
November 28, 2017
Investing in Homes
TheStreet.com quoted me in Investing In Your Home Remains a Sound Financial Decision for 2018. It reads, in part, Homeowners are still pouring money into their homes as renovations and upkeep are generating a large portion of sales for Home Depot as demand … Continue reading
November 28, 2017 in Home Ownership | Permalink | No Comments
November 13, 2017
Smarter Housing Tax Breaks
Matt Rossman has posted a timely article, In Search of Smarter Homeowner Subsidies, to SSRN just as Congress debates the future of the mortgage interest deduction and other tax perks of homeownership. The abstract reads, Critics have long assailed the federal … Continue reading
November 13, 2017 in Home Ownership | Permalink | No Comments
November 6, 2017
A Shortage of Short Sales
Calvin Zhang of the Federal Reserve Bank of Philadelphia has posted A Shortage of Short Sales: Explaining the Under-Utilization of a Foreclosure Alternative to SSRN. The abstract reads, The Great Recession led to widespread mortgage defaults, with borrowers resorting to both … Continue reading
November 6, 2017 in Home Ownership | Permalink | No Comments
November 3, 2017
Republicans and the Mortgage Interest Deduction
There is a lot to hate in the Republican tax reform plan contained in the proposed Tax Cuts and Jobs Act. (click here for a summary and here for the text of the bill itself). Overall, the bill is extraordinarily regressive, … Continue reading
November 3, 2017 in Home Ownership | Permalink | No Comments
October 23, 2017
Improving the 30-Year Mortgage
Wayne Passmore and Alexander von Hafften have posted Improving the 30-Year Fixed-Rate Mortgage to SSRN. The abstract reads, The 30-year fixed-rate fully amortizing mortgage (or “traditional fixed-rate mortgage”) was a substantial innovation when first developed during the Great Depression. However, it … Continue reading
October 23, 2017 in Home Ownership | Permalink | No Comments
