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Mortgage & Housing Market News from HSH.com

Looking for a Job — Have You Tried Modifying Mortgages?

November 19th, 2009 | Leave a Comment | Posted in News by Tim Manni

While initial unemployment claims were technically “flat” last week, the number was still over 500,000 — a level the unemployment indicator has remained at for 53 straight weeks. Despite any improvements we’ve seen in the economy, it appears as though employers just aren’t hiring…outside the mortgage industry that is.

With current lending requirements being as strict as they are, mortgage companies aren’t looking for more mortgage originators necessarily, they’re hiring workers to restructure troubled mortgages: Read the rest of this entry »

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Falling Home Prices Seem to be the New Consensus

October 22nd, 2009 | Leave a Comment | Posted in News by Tim Manni

But I thought the housing market was improving? If you were under the assumption that housing had hit bottom, chances are you’re not alone.

The ever-changing monthly numbers and future projections have created a lot of back and forth expectations from consumers over the state of the housing market. The problem has been that the numbers themselves have flip-flopped from month to month. One month they look good, the next they look bad.

Falling Home Prices

Read the rest of this entry »

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About the HSH Blog

HSH.com's daily blog focuses on the latest developments in the mortgage and housing markets. Our mission is to relate how changes in mortgage rates and housing policy, as well as the latest financial news, impacts consumers, homebuyers and industry insiders alike. Our 30-plus years of experience in the mortgage industry gives us an edge as we break down the latest changes in an ever-changing market.

Our bloggers:

Tim Manni

Tim Manni is the Managing Editor of HSH.com and the author of their daily blog, which concentrates on the latest developments in the mortgage and housing markets.

Peter G. Miller

Peter G. Miller is syndicated to more than 100 newspapers and operates the real estate news site, OurBroker.com.

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