Rising Use of 'Impact' Fees Rankles New-Home Buyers Cash-strapped municipalities, scrounging for revenue to cover infrastructure projects, are hitting builders with one-time fees, which are often passed on to consumers.
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Seasonal slowdown drags into May, as ABS primary market does $4 billion Seasonal slowdown drags into May, as ABS primary market does $4 billion Donna Mitchell, Asset Securitization Report--SourceMedia The U.S. primary ABS market ground through another week of moderate issuance, as
University Bank Sub Surpasses $3 Billion Midwest Loan Services surpassed $3 billion in 23,743 total loans serviced and sub-serviced on December 1, 2005.read more...
30-Year Mortgage Rates Highest in 4 Years (San Francisco Chronicle) Rates on 30-year mortgages climbed this week to their highest point in nearly four years, helping take the exuberance out of the housing market. Freddie Mac, the mortgage company, reported
Outsmart Private Mortgage Insurance (Investopedia) One of the risk measures lenders use in underwriting a mortgage is the mortgage's loan to value (LTV) ratio . A mortgage's LTV ratio is a simple calculation made by
Rebound is expected in home construction "The five-year builder lot strategy has turned into a humbling nightmare" Look for the downturn in metropolitan Phoenix's home-building market to mirror the run-up of a few years ago.So
Thanks to Jeanne Koruga’s father, the 47-year-old Woodinville resident got involved in construction at a very young age.
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