Monthly Archives: February 2011
Here is an interesting question for any home gardener, or Realtor: “Do you own the rain that falls on your roof?” WaterRights There are many things from the past that impact the present. For example, rotary dial telephones meant that … Continue reading
If you think that you’re confused with the mortgage application process, you’re not alone. http://blogs.wsj.com/developments/2011/02/08/survey-mortgage-process-has-become-too-confusing/. Some confusion and conjecturing may end on Friday, when the plan for Freddie and Fannie are presented. “U.S. Treasury Secretary Timothy F. Geithner will present … Continue reading
Originators and borrowers are often faced with the “rent versus own” question, with varying results. Here: NYTRentvOwn Homeowner and rental vacancy statistics, from the Current Population Survey via the Census Bureau, provide an interesting set of numbers indicative of … Continue reading
Details of the latest Redwood Trust March 1 deal are emerging. The $290 million residential MBS are backed by 303 loans, roughly 2/3 from First Republic Bank and the rest by PHH Mortgage. The average loan size is $977,000 … Continue reading
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