New Content on the Blog and HSH.comby Tim Manni
As we do at the end of every week, let’s spend a few minutes reviewing the latest content from HSH.
This week’s posts showcased how the White House’s “reactionary policies” can be unproductive, some important developments to keep your eyes on, as well as our continued focus on mortgage rates and mortgage assistance.
“Changes to HAMP: Docs Required Upfront“: Too many borrowers were approved for trial mods before lenders could even review their paperwork. These changes will help to weed out unqualified borrowers, and increase the communication between borrower and lender.
“Washington Working in Reverse? Can’t Be?“: Note the sarcasm. Simple documentation that’s now required to receive your homebuyer tax credit — which should have been required in the first place — is slowing the process down to a crawl. Homeowners are waiting months and months for their credits.
“Keep Your Eyes Peeled: Three Important Developments“: When is the Fed leaving the market? Will Congress approve a Consumer Financial Protection Agency? Will Fannie and Freddie actually disappear? Three developments to keep your eyes on.
“Mortgage Relief for the Unemployed“: Pennsylvania continues to prove itself as one of the most proactive states at preventing foreclosures. Pennsylvania’s Homeowners’ Emergency Mortgage Assistance Program is proving successful locally, but can the model be adapted nationally?
“Conforming 30-Year FRMs Fall Closer to 5%“: Conforming 30-year fixed rate mortgages have fallen to their lowest levels in about a month.
Beyond the blog, HSH.com is also adding fresh content every week. Here are the newest articles appearing on our homepage:
See you next week.