Mortgage Industry News
John Paulson on Frothy US Housing Market: This Time Is Different
Source: Yahoo --- John Paulson became a billionaire after his hedge fund effectively shorted more than $25 billion of mortgage securities at the dawn of the global financial crisis. As he sizes up yet another frothy housing market some 15 years later, the founder of...
HARP Loan Program: How Did It Work?
Source: Investopedia --- When interest rates fall, many homeowners will refinance their mortgage to lock in a lower interest rate, which can reduce a borrower's monthly payment or allow a homeowner to build equity more quickly. However, one group of homeowners who...
Commercial real estate financing, anyone?
Source: The Spokesman Review --- Walker & Dunlop (NYSE: WD) is a small but impressive finance company that has been around since the 1930s and does all kinds of finance for commercial real estate. One of the biggest commercial real estate lenders in the country,...
Liz Weston: Shopping for a mortgage? Your credit score may take a small hit
Source: Oregon Live --- Dear Liz: We’re trying to refinance a mortgage. All of the mortgage lenders claim that checking our credit scores will not affect the scores. However, that is not true. What gives? The three credit bureaus all list “too many inquiries” and...
Green mortgages: could your loan help make Britain greener?
Source: The Guardian --- Homes account for more than a fifth of the UK’s total CO2 emissions, which may help explain why the government and others believe green mortgages could be a gamechanger for moving to a sustainable future. Although they have been around in one...
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