Articles by Subject

Pre-holiday Mortgage Reporting Unlikely to Bring Cheer

By:
Bill Rice - MortgageLoan.com | 12/23/2008 - 1:35am

Today brings the release of existing home sales, new home sales, and housing price data. All mortgage news that is not expected to excite investors or economist about recovery in 2009. However, Wednesday's Mortgage Bankers Association's mortgage applications data is likely to be a ray of hope with mortgage rates trending downward.

Some Lucky Americans Escaping Mortgage Chaos

By:
Tom Kerr - MortgageLoan.com | 12/17/2008 - 1:58am

A recent report on the economy showed that there are more than 9,000 foreclosures per day, on average, across the USA. But in some regions, especially those where prices didn't experience dramatic escalations during the real estate bubble, the housing markets are relatively stable.

Homeownership Getting More Affordable

By:
Greg Mischio - MortgageLoan.com | 12/16/2008 - 1:22am

Long gone are the days of the "bubble" in the real estate market. We're now beginning to see signs that we've reached the bottom, as falling real estate sales have created more affordable housing. Prices are more in line with median incomes around the country, providing a strong signal that the end of the slump may be in sight.

Private Equity and Investors Resurrect Idea to Buy Troubled Mortgage Loans

By:
Bill Rice - MortgageLoan.com | 12/12/2008 - 1:35am

Funny how ideas can come full circle. It seems some private equity and investors think US Treasury Secretary Paulson's first plan was a pretty good one--buy troubled mortgage assets of bank balance sheets. In fact, a few have offered to take that opportunity with the government's help.

Congress Awaits $350 Billion TARP Request from Bush Administration

By:
Bill Rice - MortgageLoan.com | 12/10/2008 - 1:02am

The mortgage crisis is still in full swing, but will the Bush administration request the remaining $350 billion in TARP funds? If so, he may have a battle from both sides of the aisle. Democrats have specific earmarks in mind and the Republicans are still having remorse for passing TARP at all.