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Posts Tagged ‘debt-to-income ratio’

Cramdowns get Fed endorsement

By • Dec 6th, 2011 • Category: December 2011 Journal, real estate newsflash

Housing debt is the root cause of this continued Lesser Depression, according to Harvard economist Kenneth Rogoff. Thus, solving the seemingly intractable issue of widespread housing debt among American consumers will be of paramount importance to getting the economy back on track. Traditionally, economists serving on the Federal Reserve (the Fed) Board of Governors keep [...]


You’re sure you’re a shortsale specialist?

By • Sep 30th, 2011 • Category: Feature Articles, Journal Articles, September 2011 Journal

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 • Nov 26th, 2010 • Category: December 2010 Journal, Feature Articles

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 • Jul 14th, 2010 • Category: real estate newsflash

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 they were able to foot the $20,000-$40,000 tuition, high school graduates became college students in droves in the last ten [...]