You may have heard of a reverse mortgage, but do you actually know what it is? Let’s take a step back (or perhaps “shift into reverse” would be a more appropriate term) and take a closer look at this useful … Continue Reading

BWTDCC (better ways to describe complicated crap) The mortgage industry loves acronyms. But it was not until the last blog posting (scroll down to Wells after the click …) that I had the brilliant idea of creating NEW acronyms  – … Continue Reading

I used to keep an email folder where I would save all annual mortgage industry “prediction” articles. The following year, I reviewed them to see who was closest to accurate, who was furthest from the truth — which crystal ball … Continue Reading

  My father, may he rest in peace, told me to always find the humor in everything – and he meant everything. So as I was completing this month’s blog entry, I realized it contained NO humor! Horrors! That obviously … Continue Reading

How will Brexit effect the mortgage industry and housing market? Unless you are a life-long learner and incessant seeker of information like me, you can stop reading now. What? Yes, that’s right. Here’s why. We just don’t KNOW what effects … Continue Reading

  Have you been making your mortgage payments on time, even if your home value dropped and never rebounded? Stop reading now. This blog is N/A to you. What?? Let’s start by going back in time. When the mortgage crisis … Continue Reading

What happens to your home loan after it closes and someone has to collect your payments, probably pay your taxes and insurances, and ensure your payment history is reported to a credit bureau?  It, along with as many as millions … Continue Reading