Follow Us on Social Media

email icon rss icon icon google plus icon twitter icon facebook icon

Risky Business-How Much For Lenders, How Much For Homeowners?

by Charles Feldman on October 20, 2006 · 1 comment


Home sales going down; foreclosures going up. Sounds like a bad airplane flight, doesn’t it? Pretty bumpy going.  But, this all leads to two key questions, says  MarketWatch’s “Real Estate Weekly.”– For mortgage lenders, how much risk should they take on? For buyers, how far should they reasonably stretch their economic resources in order to buy into the American dream of home ownership?

Steve Kerch, the real estate editor for MarketWatch says that “matching a borrower and a loan is an art, not a science.” Kersch points out that to become a first time home buyer, one must be able to have a “leap of faith” and bet their income will stay high enough in the future to make the payments. By the same token, he reminds us, “It’s probably not asking too much that we allow our lenders to take that leap as well.”


Email *

{ 1 comment… read it below or add one }

Charles October 21, 2006 at 4:07 pm

Thanks…glad you enjoyed the article


Leave a Comment

Comment Policy:

• Use your real name and only your name in the field designated for your name.
• No keywords allowed as anchor text in the name or comment fields.
• No signature links allowed under your comments
• You may use links in the body of your comment, but it must be relevant to the discussion at hand, and not merely be some promotional link.
• We will have NO reservations about deleting your content if we feel you are posting merely to get a link without adding value to our discussion.
If you add value, but still post keywords, we'll use your comment, but remove your link and keywords.
• For more information about acceptable practice, see our site rules.

Want your photo to appear next to your comments? Set up your Gravatar today.

Previous post:

Next post: