We all know underwriting standards have improved immensely since the latest housing crisis. When it comes down to it, they couldn’t have gotten much worse,… Read More »Mortgages Originated in 2013 the Best Performing on Record

During the early 2000s, you didn’t need to prove much to qualify for a mortgage. In fact, it got to a point where it was… Read More »The Average Mortgage Application File Is Now 500 Pages Long

Conventional wisdom says its best to list your home in spring if you want to get the most bang for your buck. And by that,… Read More »It Turns Out the Best Time to Sell a Home Is During Winter

A few years back, the Fed began purchasing mortgage-backed securities in an effort to lower interest rates on mortgages. Over time, the endeavor, known as… Read More »How the Fed Ruined Mortgage Rates Forever

Plenty of strange things happened after the latest housing boom and subsequent bust, but this is perhaps one of the most interesting byproducts. An insurance… Read More »Underwater Mortgage Insurance: Yes, It Exists Now

After much speculation and fear mongering, the FHFA finally announced this morning that the conforming loan limit for mortgages acquired by Fannie Mae and Freddie… Read More »2014 Conforming Loan Limits Unchanged (Except for These 18 Counties)

Things are getting nasty in the mortgage world. Former Fannie Mae executive vice president and chief credit officer Edward Pinto slammed the FHA in an… Read More »Former Fannie Mae Executive Says the FHA Is a Predatory Lender

The Consumer Financial Protection Bureau (CFPB) has been hard at work over the past couple years changing the way Americans obtain mortgages, among other things.… Read More »Know Before You Owe Mortgage Forms Finalized

I’ve brought up the issue of housing affordability several times over the past year, and things don’t appear to be getting any better on that… Read More »Housing Affordability Chalks Biggest Drop Since Second Quarter of 2004