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ARMs race: adjustable-rate mortgages make a comeback

Housing Wire

But this year, as rates have crested 6%, about 70% of Neat’s originations are adjustable-rate mortgages, a product that until recently had fallen out of favor due to the role they played in the housing crash of 2008 and a decade-plus of fixed-rate mortgages under 5%. . Not a one-size fits all”.

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Are New Homes in Birmingham Getting Smaller?

Birmingham Appraisal

Census Bureau, home size steadily increased from 1999 through 2008/2009, which we all know was when the housing market crashed. Other factors eventually led to the crash including subprime mortgages, predatory lending, and questionable securitization by lenders, however, that is a topic for another day.

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How to Maximize Appraisal Underwriting Approvals in Rural Markets

Genworth MI Blog

Recently, the rural housing landscape has sparked discussion about its lending, affordable housing availability, housing shortages and outreach to underserved demographics. In 2008, Congress passed the Housing and Economic Reform Act. I refer to this approach as high-level bracketing. Shift Terminology.

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How to Maximize Appraisal Underwriting Approvals in Rural Markets

Genworth MI Blog

Recently, the rural housing landscape has sparked discussion about its lending, affordable housing availability, housing shortages and outreach to underserved demographics. In 2008, Congress passed the Housing and Economic Reform Act. I refer to this approach as high-level bracketing. Shift Terminology.

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Opinion: FHA should lower Mortgage Insurance Premium

Housing Wire

During the Great Recession of 2008, the forecast actually went negative, resulting in a mandated draw from Treasury to meet the minimum 2% capital reserve ratio requirement. First, severity risk is entirely different versus the Great Recession as home prices have risen dramatically versus the declines that happened from the 2008 recession.

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