November 2, 2017
The Case for Prepaying your Mortgage
Christi R. Wann has posted The Case for Prepaying your Mortgage to SSRN. The abstract reads, Households that already contribute sufficiently to tax-deferred retirement accounts often believe that the tax break from interest expense deduction is more beneficial than prepaying a … Continue reading
November 2, 2017 in mortgage | Permalink | No Comments
November 1, 2017
Understanding Private Mortgage Insurance (PMI)
LendingTree quoted me in Guide to Understanding Private Mortgage Insurance (That’s PMI). It opens, Part I: Basics of private mortgage insurance (PMI) What is PMI? If you’ve ever purchased a home without a large down payment, you may have faced … Continue reading
November 1, 2017 in mortgage | Permalink | No Comments
October 26, 2017
Mortgage Servicing Since The Financial Crisis
Standard & Poors issued a report, A Decade After The Financial Crisis, What’s The New Normal For Residential Mortgage Servicing? It provides a good overview of how this hidden infrastructure of the mortgage market is functioning after it emerged from … Continue reading
October 26, 2017 in mortgage | 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 mortgage | Permalink | No Comments
October 17, 2017
Evidence and Innovation in Housing
Lee Anne Fennell and Benjamin Keys have posted the Introduction to their new book, Evidence and Innovation in Housing Law and Policy, to SSRN. It opens, No area of law and policy presents more important and pressing questions, or ones more … Continue reading
October 17, 2017 in mortgage | Permalink | No Comments
September 28, 2017
Equifax and Your Mortgage
HouseLoan.com quoted me in How Will The Equifax Data Breach Affect Your Ability To Get A Mortgage? It opens, Like throwing a stone into a pond, the Equifax data breach has long-lasting repercussions. Already, because of what’s being considered one … Continue reading
September 28, 2017 in mortgage | Permalink | No Comments
September 27, 2017
Fannie, Freddie and Climate Change
The Housing Finance Policy Center at the Urban Institute issued its September 2017 Housing Finance At A Glance Chartbook. The introduction asks what the recent hurricanes tell us about GSE credit risk transfer. But it also has broader implications regarding … Continue reading
September 27, 2017 in mortgage | Permalink | No Comments
