May 2, 2017
Tapping Home Equity for Retirement Income
Newsday quoted me in Consider Tapping Your Home Equity for Retirement Income (behind paywall). It opens, Just as Dorothy in the “Wizard of Oz” had her ruby slippers that could have gotten her back to Kansas at any time with three clicks … Continue reading
May 2, 2017 in mortgage | Permalink | No Comments
April 24, 2017
What is the Debt to Income Ratio?
OppLoans.com quoted me in What is the Debt to Income Ratio? It opens, One of the great things about credit is that it lets you make purchases you wouldn’t otherwise be able to afford at one time. But this arrangement only … Continue reading
April 24, 2017 in mortgage | Permalink | No Comments
April 11, 2017
What Is a HUD Foreclosure?
Realtor.com quoted me in What Is a HUD Foreclosure? A Home That’s Below Market Value. It reads, “Foreclosure” is a scary word with a simple definition: It’s the process of a lender attempting to recoup the balance owed on a loan … Continue reading
April 11, 2017 in mortgage | Permalink | No Comments
April 5, 2017
Prepaying Your Mortgage
Newsday quoted me in Paying off Your Mortgage Early Might not Make Sense (behind paywall). It opens, There are few greater feelings than making that last mortgage payment. Some people feel better still if they pay it off early. But sometimes … Continue reading
April 5, 2017 in mortgage | Permalink | No Comments
April 3, 2017
The Advantages of ARMs
The Wall Street Journal quoted me in Why Home Buyers Should Consider Adjustable-Rate Mortgages (behind paywall). It opens, With interest rates on the rise, it may be time for home buyers to take a fresh look at some alternatives to the … Continue reading
April 3, 2017 in mortgage | Permalink | No Comments
March 17, 2017
Can Downpayment Assistance Work?
The HUD Inspector General issued a report on FHA-Insured Loan with Borrower-Financed Downpayment Assistance. Downpayment assistance has a long history of failure, a history that has led to big losses for the FHA and foreclosures for borrowers. The IG audited … Continue reading
March 17, 2017 in mortgage | Permalink | No Comments
March 10, 2017
Minority Homeownership During the Great Recession
Carlos Garriga et al. have posted The Homeownership Experience of Minorities During the Great Recession to SSRN. The paper concludes, The Great Recession wiped out much of the homeownership gains attained during the housing boom. However, the homeownership experience was very different … Continue reading
March 10, 2017 in mortgage | Permalink | No Comments
