Posted on September 30th, 2009 by Mortgage Refinancing News
When a homeowner refinances, they always want the best mortgage refinance rates possible. Getting the absolute lowest rates will save a homeowner a lot of money. Here is some help for homeowners who want the best mortgage refinancing rates available. See If You Qualify …….! read more
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Posted on September 30th, 2009 by Mortgage Refinancing News
The FBI website contains an April 2008 warning about identity theft and Home Equity Line of Credit loans. The warning details findings from a 2007 FBI study of fraud in the mortgage and real estate industry. The FBI believes thieves steal a person’s identity to either open a new line of credit over the internet or access an open line of credit. After the loan is approved the thief asks the bank to wire money to a different account. This scheme involves surreptitiously forwarding telephone ca
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Posted on September 29th, 2009 by Mortgage Refinancing Reviews
A model of home mortgage default behavior
User Ratings and Reviews
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Posted on September 29th, 2009 by Mortgage Refinancing News
I spent some time today going through a hundred headlines from this decade relating to the housing market. What I found is rather telling and may be contrary to what you would expect. Some in the press were early to the housing bubble but as the housing market grew stronger and the bubble expanded, many of those in the press pushed their assumptions aside and learned to love the housing bubble. Even as option ARMs and Alt-A loans made their way through the market, the housing bubble suddenl
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Posted on September 29th, 2009 by Mortgage Refinancing News
A new working paper suggests that the combination of rising home prices, declining interest rates, and especially the near-frictionless refinancing opportunities available to homeowners virtually guaranteed a major systemic meltdown of the financial system. The paper concludes that an independent organization similar to the National Transportation safety Board is needed to help avert a recurrence. Excerpts from Systemic Risk and the Refinancing Ratchet Effect Amir E. Khandani, Andrew W.
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