The Potential Unintended Consequences of a Blanket 12-Month Moratorium (Forbearance) on Mortgage Payments, Due to Economic Hardship Caused by Coronavirus! There is no question that a great many Americans are being economically damaged, in a big way, by the government mandated shutdown of the U.S. economy due to pandemic. And yet, we can observe […]
The average size of home loans, tracked by a Mortgage Bankers Association (MBA) survey since 1990, have never been larger seeming to confirm the narrative that high demand and low inventory is pushing prices higher! __________________________________ Do you know everything that you need to know about your title insurance? Who is your underwriter? What is the […]
Some old adages for investing go that ‘nothing goes up in a straight-line’, that ‘you don’t want to be the last one standing when the music stops’ and that ‘bulls and bears make money but pigs get slaughtered’! Investors in real estate and mortgages learned this lesson the hard way heading into, and then following, the […]
Spring is upon us which means that eager homebuyers, particularly those with school-age children, will be looking to go into contract and close before the 2017-2018 school year gets under way! The Hallmark Abstract Service blog has provided these types of tips in the past but, reinforcing the message is never a bad idea… The […]
For those of us whose business involves providing products or services that some may consider to be the same regardless of who it’s purchased from, is this actually the case? For example are all transactional real estate attorney’s the same because, after all, at the end of the day a deal will typically close? How about […]
The links below are to articles at news sources that include traditional as well as new media covering issues ranging from China to real estate to a college education! In reality, however, in one way or another all of these issues are inextricably intertwined. Disappointing Earnings From A High-end Real Estate Focused Retailer! Is This Anecdotal Evidence Of […]
Summary: Like in the ‘good old days’ of the housing market when for some borrowers to qualify for a loan they needed to show a pulse…Has the same thing occurred in the student loan market? After examining used car leasing, mortgage markets and the potentially poor lending practices that could lead to a meltdown… The student […]
These are some of the news stories and articles that anyone involved in real estate whether as a vocation, as a buyer or as a seller will hopefully find interesting and useful! Top News CFPB sets final TRID rule effective date DSNews.com – The CFPB issued a final rule moving the effective date to Saturday, October […]
Many homeowners negatively impacted by the financial crisis may now, all these years later, finally be in a position to qualify for a mortgage again! These 700,000 potential 2015 reentrants into the mortgage and housing markets are known by the name ‘Boomerang Buyers’. Boomerang buyers were impacted by the financial crisis in one of these three ways: They were […]
While spending $500,000 a month for an apartment in Manhattan is not in the cards for 99.9999999% of New Yorkers, rents in general are on the rise and the inventory to choose from remains sparse! In a Fox Business News interview with Miller Samuel CEO Jonathan Miller (@jonathanmiller), the state of the rental market in New […]
