loans
Real Estate by John Fedro | January 15, 2011Repair grants make it helpful for many Americans to make safety renovations and code compliance improvements to their homesteads. The federal government along with many local state and county agencies all have operating loan and grant programs available for home owners in need of making some cosmetic or structural repairs to their dwellings. Like all [...]
Financing Real Estate by Winston Westbrook | February 15, 2010 
The Federal Housing Administration more commonly known as FHA has recently announced major changes to their program to ensure long-term financial soundness. If you are involved in the retail side of real estate you need to listen up. If not, then listen anyways. You might learn something. The FHA’s main objective is to help serve [...]
Read the full article → Mortgages & Lending by Tom Koziol | February 12, 2010As a general rule of thumb, mortgage payments have been the top bill that has always been paid. However, high unemployment, sliding home prices and other economic kicks in the butt, have a growing number of struggling consumers doing what was once considered unthinkable: paying their credit card bills instead of their mortgages. On the [...]
Mortgages & Lending by Peter Giardini | January 28, 2010I just got off the phone with the commercial lending VP at a small local bank. This bank just survived its first Office of Thrift Supervision audit since the financial meltdown. This audit took the better part of two months — all for a bank with less then $200 million in assets. As I mentioned, they [...]
Foreclosures by Charles Feldman | December 22, 2009 
No way to sugar coat this. The news on foreclosures is not good. A new government survey reveals that both foreclosures and delinquencies went up in the third quarter, despite government attempts to get banks and other lending institutions to modify loans for those in financial distress. The problems are many: For one thing, many [...]
Read the full article → Commentary by Rob K. Blake | February 22, 2009The Obama $75 Billion housing stabilization plan holds pieces which are designed to help stem foreclosures and help those already in foreclosure with loan modifications. Currently servicers have shown no real signs of wanting to modify loans, but this new plan hopes to change their collective minds. Will the Housing Stabilization Plan Work? I’ll get [...]
Commentary by Rob K. Blake | February 7, 2009There is a plethora of speculations buzzing around Wall Street with the central theme being Bank of America (NYSE: BAC) our nation’s largest bank…and biggest “cleaner upper” of the financial crises buying both Merrill Lynch and Countrywide Home Loans before they collapse…is going to get “taken over” by the government. Oh my God! The sky [...]
Commentary by Joshua Dorkin | February 5, 2009Remember the Rolling Stones song “Time is on Our Side”? It seems that that song might finally be outdated! According to the Center for Responsible Lending (CRL), we’re running out of time. Their website has a counter that sums up the total number of foreclosures since January 1, 2009, and every 13 seconds the counter [...]
Financing Real Estate by Troy Schuricht | July 17, 2008Last week I spoke about why Portfolio Lenders are important to investors, but the bigger question may be how to find them. Tracking down a financing source is never an easy task. Many individuals have no idea where to start so they usually talk to there personal bank first. While the likes of Wells Fargo, Chase, Bank of America and [...]
Financing Real Estate by Rob K. Blake | July 13, 2008By all accounts it seems the banking lobby will get everything they’ve been ask for from Congress over the past decade and in do so may legislate mortgage brokers out of existence. A little history lesson is in order to understand all the political and media spin designed to sway their and public opinion away [...]
Housing by Charles Feldman | July 11, 2008Fannie Mae and Freddie Mac, combined, own or back up some $5 trillion dollars of debt. That is about half of ALL the mortgages in the U.S. They have already lost some $11 BILLION since the current mortgage/credit crisis began, so it is easy to see why there is profound concern about their fiscal health–or [...]
Real Estate Market by Tom Koziol | June 13, 2008Everybody knows a recession is when your neighbor loses his job. A depression is when you lose your job. Apparently more of us are coming closer to depression than we would like to believe. The data you are about to read is from the June 2008 edition of Collections & CREDIT RISK magazine. This particular [...]
Commentary by Richard Warren | June 9, 2008One of the questions I hear over and over is “when will the real estate market return to normal?” There were so many newcomers investing in real estate that have no historical perspective of the market. So many things occurred that had never been seen before. People lacking in experience did not realize that this [...]
Mortgages & Lending by Troy Schuricht | June 5, 2008There are two major player in the lending industry right now, Freddie Mac and Fannie Mae, both of these companies are very important because they more or less dictate the rules and guidelines for lender and banks across the USA. Freddie Mac recently released a guideline change – “We are revising our requirements for Investment [...]
Credit by Charles Feldman | May 21, 2008Okay…so what’s wrong with this picture? In communities all across America the value of homes has dropped faster than the New Year’s Eve ball in Times Square. Lower prices should mean bargin prices. Bargin prices should mean people jumping back into the housing market. People jumping back into the housing market should help inflate the [...]
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Joshua DorkinMarty Boardman
Jeff Brown
Chris Clothier
Ken Corsini
Peter Giardini
Jason HansonKevin Kaczmarek
Douglas Lazovick
Jeff Logue
Sharon Vornholt
Richard WarrenMelissa Zavala
Michael Zuber
Servicers Incentivized To Modify Loans Under Obama Plan – Is It Enough?
by Rob K. Blake | February 22, 2009The Obama $75 Billion housing stabilization plan holds pieces which are designed to help stem foreclosures and help those already in foreclosure with loan modifications. Currently servicers have shown no real signs of wanting to modify loans, but this new plan hopes to change their collective minds. Will the Housing Stabilization Plan Work? I’ll get [...]