Finally some snail steps towards progress on defining what a “qualified mortgage” is.  There is very little mortgage origination going on, which people don’t fully comprehend because it is overshadowed by the enormous amount of refinancing.  It is essential that there are clear and strong regulations on mortgages but it is really important for these...Read More

The WSJ had a nice piece today on people whom have had their homes foreclosed about 3 years ago, dipping their toes back into the housing market now.  There are a huge number of people that had reached too far in terms of how expensive of a home they purchased, or that lost their jobs...Read More