loans

Alt-A Loans: The Crisis Yet To Come?

by Charles Feldman | May 20, 2008

Last week, a member commented on my weekly post that he thought the next great crisis, following the current one caused in large measure by subprime mortgages, will come to us via something called Alt-A loans. And, he just may be right! Alternative to grade-A prime loans..or Alt-A loans..unlike subprime loans, were dished out to [...]

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Commentary

Real Estate Lessons Learned Or Lost?

by Charles Feldman | May 7, 2008

Will we ever learn? Doesn’t look like it. You’d think what with all that has gone down with the subprime mortgage/credit mess, the real estate industry (or, at least, segments of it) would be in the forefront of a much needed reform movement. Instead, there seems to be an almost pathological desire to return to [...]

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Real Estate News

Sunday Real Estate Wrap-Up

by Joshua Dorkin | February 24, 2008

I’m not sure about the rest of you, but this has been a LONG week for me. Personal issues aside, is seems like there is just so much happening in the world: Lunar Eclipse, US shoots down failing satellite, Kosovo declares independence, Castro steps down from leadership of Cuba, Ralph Nader is back, Clinton/Obama battle [...]

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Commentary

When Lenders Mess Up, Everyone Suffers!

by Jim Watkins | October 5, 2007

The days of the “Fogamir” mortgages are gone. Surely you remember the Fogamir? “Yes Sir! We can give you a mortgage. If you would just take this application and rather than fill it out, could you breathe heavy onto that reflective square at the bottom?” If it fogged up, you got the mortgage. It was [...]

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