debt-to-income ratio (DTI) | firsttuesday Journal

Median income households do not support 2024 home pricing

by Carrie B. Reyes | Feb 14, 2024 | Economics, Home Sales, Real Estate | 0

Across the state, median-income households cannot qualify to buy at today’ prices.

Mounting debt is locking Millennials out of real estate

by Amy Platero | May 23, 2022 | Economics, Finance, Real Estate, Recessions, Your Practice | 5

As student loan debt piles on, first-time homebuyers of the Millennial generation feel the weight.

Mortgage Concepts: What are the different loan features?

by ft Editorial Staff | Nov 5, 2021 | Mortgages, Real Estate, Video | 0

Mortgage Concepts is a recurring video series covering best practices and compliance education for California mortgage loan originators. This video gives an overview of the different types of loan features. For course credit toward renewing your NMLS license, visit firsttuesday.us.

In California, where down payments are highest, homeownership is lowest

by Carrie B. Reyes | Dec 21, 2020 | Bay Area, Economics, Mortgages, Real Estate | 0

Low loan-to-value ratios (LTVs) aren’t necessarily a good thing.

Poll: Is the 43% debt-to-income (DTI) ratio threshold a strong indicator of a homebuyer’s ability-to-repay?

by ft Editorial Staff | Nov 16, 2020 | Finance, Reader Polls, Real Estate | 0

As the CFPB weighs eliminating the DTI requirements from the QM standards, let other readers know where you stand.

The Borrower’s Debt-to-Income Ratio and Ability to Repay

by ft Editorial Staff | Jul 7, 2020 | Feature Articles, Real Estate, Video | 0

Analyzing a borrower’s ability to pay by considering their willingness and capacity

Student debt weighs down the housing market

by Carrie B. Reyes | May 15, 2019 | Charts, Economics, Market Watch, Real Estate | 2

Get your buyers with student debt on track to homeownership.

Student debt delays first-time homebuyers’ entry into homeownership

by Carrie B. Reyes | Apr 28, 2014 | Economics, Finance, Real Estate | 0

How long is the first-time homebuyer drought likely to last?

FARM: Mortgage application smarts

by Nicole Jessen | Mar 11, 2014 | FARM Letters, Real Estate | 0

Refinancing or looking for financing to upgrade to a new home? Here’s a mortgage tip to prevent delays or denial.

Educated and unemployed: college degrees ain’t what they used to be

by Greg Huitrado | Apr 15, 2013 | Real Estate | 0

The delinquency rate on student loans is soaring.

Student loan debt a drag for Gen Y

by Sarah Cantino | Jun 20, 2012 | Economics, Real Estate | 1

Student loan debt continues to increase as other forms of household debt decrease, a recent report...

HARP strikes back, but will lenders conform?

by Carrie B. Reyes | Apr 3, 2012 | Real Estate | 2

How many of your clients seeking to refinance will qualify for HARP 2.0? 10% or less (81%, 59...

Cramdowns get Fed endorsement

by Jeffery Marino | Dec 6, 2011 | Market Watch, Real Estate | 7

Would government mandated principal reductions on underwater home loans bring us out of this Lesser Depression? Yes! Housing debt is the problem. (53%, 92 Votes) No. Unemployment must be solved first. (47%, 81 Votes) Total...

You’re sure you’re a shortsale specialist?

by ft Editorial Staff | Sep 30, 2011 | Feature Articles, Real Estate | 1

Part II of this article series examines the pedigree of a true “short sale specialist” and highlights the many tedious aspects of qualifying a negative-equity homeowner for a short payoff with his mortgage lender.

Fannie’s gift for the holidays: stricter lending guidelines

by Jeffery Marino | Nov 26, 2010 | Feature Articles, Real Estate | 1

This article details how the new lending guidelines from Fannie Mae, which become effective on December 13th, 2010, will affect the 2.5 million underwater California homeowners who hope to re-enter the real estate market as homebuyers after foreclosure.

College debt makes graduates hesitant to become homeowners

by ft Editorial Staff | Jul 14, 2010 | Finance, Real Estate | 3

As federal educational aid increased at the turn of the century, more middle-and-lower income families were eager to send their children to college. Without asking many questions, or knowing the questions to ask about whether...