Loan.com: Mortgage Mentor Blog

Mortgage Demand Up 112.1 Percent As Interest Rates Fall

Amber Nelson — Thu, 04 Dec 2008 03:53:43 +0000

The volume of U.S. mortgage applications shot up dramatically in the latest week as borrowers sought to take advantage of low interest rates, according to the Mortgage Bankers Association...

Mortgage Mentor is Loan.com's multi-contributor blog bringing consumers mortgage news and mortgage trends.

A Resistance To Change

Alden Smith — Tue, 02 Dec 2008 04:18:16 +0000

It was bound to happen. Sooner or later, an investor would question the validity of the mortgage bailouts for people who are in default on their mortgage. Now we see an investor, William Frey,...

Mortgage Mentor is Loan.com's multi-contributor blog bringing consumers mortgage news and mortgage trends.

Looking At The Mortgage Industry

Alden Smith — Sat, 29 Nov 2008 01:47:07 +0000

If you have been around the mortgage industry for very long, you are aware of Robert Shiller. Shiller, a well-known economist and professor at Yale University, is predicting that the current...

Mortgage Mentor is Loan.com's multi-contributor blog bringing consumers mortgage news and mortgage trends.

Mortgage Interest Rates Fall on New Rescue Plan

Amber Nelson — Thu, 27 Nov 2008 19:26:38 +0000

Interest rates on long-term U.S. home loans fell in the latest week, a reaction to the newly announced Bush administration’s $800 billion bailout package to provide more liquidity for consumer and...

Mortgage Mentor is Loan.com's multi-contributor blog bringing consumers mortgage news and mortgage trends.

Prime Mortgages Showing Signs Of Trouble

Alden Smith — Tue, 25 Nov 2008 01:20:09 +0000

Although a great deal of the problems facing the mortgage market is focused on subprime, it is noteworthy to see that even prime mortgages are showing the strain. In 1985, primes facing foreclosures...

Mortgage Mentor is Loan.com's multi-contributor blog bringing consumers mortgage news and mortgage trends.

Crisis In The Commercial Mortgage Market

Alden Smith — Sat, 22 Nov 2008 01:30:00 +0000

Following the mortgage market as I have this past 2 years, I see the domino effect of trouble in one market falling over into the next. Residential mortgages and that market have taken a big ding...

Mortgage Mentor is Loan.com's multi-contributor blog bringing consumers mortgage news and mortgage trends.

Fed, Treasury Answer for Their Bailout Changes

Amber Nelson — Thu, 20 Nov 2008 06:13:31 +0000

U.S. Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke faced bitter criticism Wednesday for their actions in the current mortgage foreclosure crisis, during a hearing before...

Mortgage Mentor is Loan.com's multi-contributor blog bringing consumers mortgage news and mortgage trends.

Can Loans Be Restructured To Stop Foreclosure?

Alden Smith — Tue, 18 Nov 2008 00:50:12 +0000

Researching for today’s post led me to an editorial that made a lot of sense to me, and one that I hope is brought to fruition. Basically, some members of Congress are advocating the...

Mortgage Mentor is Loan.com's multi-contributor blog bringing consumers mortgage news and mortgage trends.

Freddic Mac To Tap Bailout Funds

Alden Smith — Sat, 15 Nov 2008 01:21:04 +0000

The economy continues to look dismal. Circuit City, the electronics retailer, has filed for Chapter 11. Many retail stores are showing huge losses each quarter. Now we see Freddie Mac dipping into...

Mortgage Mentor is Loan.com's multi-contributor blog bringing consumers mortgage news and mortgage trends.

Treasury Shifts Direction of Bailout Plan to Consumer Credit Markets

Amber Nelson — Thu, 13 Nov 2008 05:59:44 +0000

The U.S. Treasury Department announced dramatic changes to the recently created $700 billion financial bailout package during a news conference Wednesday. Congress passed the bailout bill last month...

Mortgage Mentor is Loan.com's multi-contributor blog bringing consumers mortgage news and mortgage trends.