April 16, 2015
Thursday’s Advocacy & Think Tank Round-Up
Harvard’s Joint Center for Houses Studies released its Leading Indicator of Remodeling Activity (LIRA) which predicts a deceleration in remodeling activity due to sluggish home sales, the LIRA also projects annual spending for home improvements will increase a more modest … Continue reading
April 16, 2015 in mortgage | Permalink | No Comments
April 15, 2015
Reiss on FHA Mortgages for First Timers
MainStreet quoted me in FHA Loans Can Be A Good Option for First-Time Homebuyers. It opens, FHA loans can be an attractive option for consumers purchasing their first home, because they require much smaller down payments. First-time homebuyers often consider these Federal Housing Administration … Continue reading
April 15, 2015 in mortgage | Permalink | No Comments
Wednesday’s Academic Roundup
Amidst the Walking Dead: Judicial and Nonjudicial Approaches for Eradicating Zombie Mortgages, by Andrea Clark, Emory Law Journal, Vol. 65, No. 3, Forthcoming. The Paradox of Judicial Foreclosure: Collateral Value Uncertainty and Mortgage Rates, by David Harrison & Michael Seiler, … Continue reading
April 15, 2015 in mortgage | Permalink | No Comments
April 13, 2015
Reiss on Mortgage Lingo
MainStreet.com quoted me in 10 Terms of Mortgage Industry Lingo for Potential Homeowners to Learn. It reads, in part, The mortgage industry is no different from the rest of the financial or tech world and is fraught with odd terminology, tons … Continue reading
April 13, 2015 in mortgage | Permalink | No Comments
Monday’s Adjudication Roundup
Bankrupt Washington Mutual settles in class action suit for $10 million after duping plaintiffs into taking out mortgages with low “teaser rates.” Goldman Sachs asks NY Federal Judge not to certify class action suit over its Abacus collateralized debt obligation, … Continue reading
April 13, 2015 in mortgage | Permalink | No Comments
April 8, 2015
A Call to ARMs
MainStreet.com quoted me in A Call to ARMs As Homeowners Opt for Lower Interest Rates. It opens, Some homeowners are choosing adjustable rate mortgages instead of the traditional 30-year mortgages to take advantage of lower interest rates for several years. The biggest benefit … Continue reading
April 8, 2015 in mortgage | Permalink | No Comments