Mortgage Origination Volume Up 34 Percent in 2012
What a difference a year makes. As I reported back in September, 2011 was the worst year in mortgage lending since 1995. Just 365 days… Read More »Mortgage Origination Volume Up 34 Percent in 2012
January 2013
Deed in Lieu of Foreclosure vs. Short Sale: Here’s Why They’re Different
It’s time for another mortgage match-up, with the latest in the series pitting the lesser known “deed in lieu of foreclosure” vs. the more popular… Read More »Deed in Lieu of Foreclosure vs. Short Sale: Here’s Why They’re Different
HARP May Be Expanded and Extended to Promote Mortgage Refinancing
There’s been a lot of buzz about the Home Affordable Refinance Program lately. While it has picked up steam in recent months, thanks to the… Read More »HARP May Be Expanded and Extended to Promote Mortgage Refinancing
Wells Fargo Shifts Loan Officer Pay to Highlight Mortgage Quality
Here’s an interesting little piece of mortgage news. According to an internal presentation obtained by Bloomberg, top mortgage lender Wells Fargo plans to incentivize loan… Read More »Wells Fargo Shifts Loan Officer Pay to Highlight Mortgage Quality
Good News: Home Price Appreciation Will Slow in 2013
Well, 2012 is now in the rear-view mirror, and looking back, it was a good year for housing, if the numerous recent research reports are… Read More »Good News: Home Price Appreciation Will Slow in 2013
Higher Home Prices Push 1.3 Million Mortgage Holders Back Above Water
During the third quarter of 2012, another 100,000 or so homeowners “reached a state of positive equity,” per the latest report from analytics firm CoreLogic.… Read More »Higher Home Prices Push 1.3 Million Mortgage Holders Back Above Water
Making the Argument for an Adjustable-Rate Mortgage
It’s no secret that fixed-rate mortgages have dominated the mortgage market in recent years, mainly because they’re just so darn cheap. They’ve been breaking records… Read More »Making the Argument for an Adjustable-Rate Mortgage
Last Chance to Get a Mortgage Rate Under 4%?
At the start of each year, the financial pundits weigh in on the direction of many things for the 365 days that lie ahead, including… Read More »Last Chance to Get a Mortgage Rate Under 4%?
Short Sales Increased 23 Percent in 2012 While REOs Plummeted
It appears as if 2012 was a very good year for the housing market, according to the latest CoreLogic MarketPulse report released this morning. The… Read More »Short Sales Increased 23 Percent in 2012 While REOs Plummeted
New Petition Urges Mortgage Re-HARPing
Well, file this one under “was bound to happen,” or, “was only a matter of time.” A clever guy by the name of Marcus J.… Read More »New Petition Urges Mortgage Re-HARPing