Jumbo loans are making a comeback in California. Although jumbo lending nationally remains far below 2007 levels, jumbo mortgage lenders increased the dollar amount of jumbo loans originated during the second quarter of 2010 for...
Read MoreThe “F” word has never been mentioned in the news as much as it has in recent months: foreclosure. News of foreclosure paperwork snafus and moratoriums have recharged concerns regarding the effect of foreclosures on the sluggish...
Read MoreAmidst government efforts to stimulate the economy via strategies such as quantitative easing, sweeping mortgage modification plans and talks of further tax cuts, economists are studying the phenomena of an organic economic...
Read MoreNo demographic is recession-proof — not even the seemingly untouchable Baby Boomers, defined by the US Census Bureau (the Bureau) as the generation born between 1946 and 1964, are immune to the vicissitudes of the Great...
Read MoreThe Federal Home Loan Mortgage Corporation’s (Freddie Mac) earnings report for Q3 2010 reflected $2.5 billion in losses — a significant improvement over last year’s Q3 losses of $5.4 billion. Despite the apparent progress on...
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