Category Archives: Mortgages

A big deal in nonprime mortgages proves leery investors are finally hungry again

A big deal in nonprime mortgages proves leery investors are finally hungry again http://www.cnbc.com/2017/07/12/a-big-deal-in-nonprime-mortgages-proves-leery-investors-are-finally-hungry-again.html Re-posted from CNBC. Geoff Geoff Comments: What we have here are the financial magicians structuring a bunch of sub-prime paper to be bundled as rated mortgage … Continue reading

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Mortgages are unaffordable in half of America’s largest housing markets

Mortgages are unaffordable in half of America’s largest housing markets – MarketWatch http://www.marketwatch.com/story/mortgages-are-unaffordable-in-half-of-americas-largest-housing-markets-2017-06-09?siteid=rss&rss=1 Re-posted from Market Watch. Geoff Geoff Comments: This is not a secret, with virtually no middle class, who can buy the average home? Answer: You need to … Continue reading

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Mortgage Crisis 2.0: BofA CEO Wants To Slash Down Payments To Help Poor Millennials

Mortgage Crisis 2.0: BofA CEO Wants To Slash Down Payments To Help Poor Millennials | Zero Hedge http://www.zerohedge.com/news/2017-05-19/mortgage-crisis-20-bofa-ceo-wants-slash-down-payments-help-poor-millennials Re-posted from Zero Hedge. Geoff Geoff Comments: Even after the unfortunate acquisition of Countrywide Mortgage, Bank of America refuses to learn the … Continue reading

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Mortgage Applications Rocket as Borrowers Rush to Lock in Rates Before Fed Hike

Mortgage Applications Rocket as Borrowers Rush to Lock in Rates Before Fed Hike – NBC News http://www.nbcnews.com/business/real-estate/mortgage-applications-rocket-borrowers-rush-lock-rates-fed-hike-n733726?cid=public-rss_20170315 Re-posted from NBC News. Geoff

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Bond “Carnage” hits Mortgage Rates, Aims at Housing Bubble 2

Bond “Carnage” hits Mortgage Rates, Aims at Housing Bubble 2 http://wolfstreet.com/2017/03/13/bond-carnage-rising-mortgage-rates-hit-housing-bubble-2/ Re-posted from Wolf Street. Geoff  

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Rate hike impact on US mortgage payments

Rate hike impact on US mortgage payments – Business Insider http://www.businessinsider.com/13-us-cities-2017-2?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+businessinsider+%28Business+Insider%29&utm_content=FeedBurner+user+view Re-posted from Business Insider. Geoff

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Zero Percent Down Loans in a Raging Bubble: Didn’t We Try This Before?

Zero Percent Down Loans in a Raging Bubble: Didn’t We Try This Before? | MishTalk https://mishtalk.com/2017/02/21/zero-percent-down-loans-in-a-raging-bubble/ Re-posted from MishTalk. Geoff

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Moody’s to pay $864 mln to settle claims tied to housing-market collapse

Moody’s to pay $864 mln to settle claims tied to housing-market collapse – MarketWatch http://www.marketwatch.com/story/moodys-to-pay-864-mln-to-settle-claims-tied-to-housing-market-collapse-2017-01-14?siteid=rss&rss=1 Re-posted from Market Watch. Geoff

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Government Bond & Mortgage “Carnage” Enters Sixth Week

Government Bond & Mortgage “Carnage” Enters Sixth Week | Wolf Street http://wolfstreet.com/2016/12/10/government-bond-mortgage-carnage-enters-sixth-week/ Re-posted from Wolf Street. Geoff

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Government Bond & Mortgage “Meltdown” Crushes NIRP

Government Bond & Mortgage “Meltdown” Crushes NIRP | Wolf Street http://wolfstreet.com/2016/12/02/government-bond-and-mortgage-meltdown-crushes-nirp/ Re-posted from. Geoff

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