Analysts predicted that the Qualified Mortgage rules would produce overly-conservative underwriting policies, but that doesn’t appear to be the case. In fact, the National Mortgage Risk Index indicates that risk… Read More »
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NO FRACKING
Homeowners considering selling the mineral rights on their property may want to reconsider. The damage caused by “fracking” (a technique for removing natural gas from underground rock) has led Fannie… Read More »
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FAST CASH
All-cash home purchase transactions and those on which buyers make higher down payments close more quickly than those financed by low-down payment loans. Mortgage underwriting glitches pose the biggest obstacle,… Read More »