What the FHFA Has in Store for Fannie Mae and Freddie Mac in 2019
On December 20, 2018, the Federal Housing Finance Agency (FHFA) produced its “2019 Scorecard for Fannie Mae, Freddy Mac, and [...]READ MORE
More Common Issues We Find in Curing Title
In an earlier post, we detailed four of the most common issues we find when we are practicing our title [...]READ MORE
How to Buy a House if You Can’t Afford a Down Payment
If there’s one unfortunate truism about the financial health of American families, it’s that, these days, a startling number of [...]READ MORE
The Status of American Home Equity
A solid benchmark for how the American housing market is performing is the wealth that the average American is able [...]READ MORE
What’s the Deal with “Tiny Houses?”
The craze has swept the nation over the past few years. Driven by images of Pinterest-perfection, their perceived “cuteness,” the [...]READ MORE
What is Negative Amortization?
From time to time a client will enter into a loan that is characterized by negative amortization. This is a [...]READ MORE
What is a “Balloon Payment” and When Does it Apply?
Occasionally in residential transactions that we deal with—and more commonly in commercial property transactions—our clients encounter and/or secure balloon loans. [...]READ MORE
What Happens if You Buy Your First Home Before Middle Age?
The benefits of homeownership are legion—and its greatest payoffs accrue to those who act soonest in life to become a [...]READ MORE
How Does Your Credit Score Affect Your Mortgage Rate?
Much of a lender’s business is based on assessments and assumptions of risk. In order for a lender to be [...]READ MORE
What is a Reverse Mortgage?
We find there is a great deal of curiosity about the concept of reverse mortgages. As a homeowner ages, and [...]READ MORE
Why the Current Market Situation Might Make This the Right Time to Tap into Your Home’s Equity
The prices homes will fetch at market may be falling on average—which is increasingly being viewed as a likely positive [...]READ MORE
Ways to Buffer Yourself From the Potential of Mortgage Default
A report based on research by the JPMorgan Chase Institute, “Falling Behind: Bank Data on the Role of Income and [...]READ MORE