Archive for the 'alt-a' Category

A mortgage with every college graduation – Student debt to stifle home buying prospects of younger Americans – In 2000 student debt made up 2 percent of all household debt. Today student debt is up to 7 percent of all household debt and growing.


The housing confidence game – West takes major hit in housing prices in the last 12 month period. More aggressive pricing of distressed inventory through REOs and short sales.


Judgment day for housing shadow inventory already here – Foreclosure inventories reach an all-time high. FHA and GSE loans only game in town.


Chasing the market lower syndrome or how to lose $176,000 in seven months – Case Shiller hits a new post-bubble bottom – Finding the bottom in home prices in California. Woodland Hills has 483 properties in the shadow inventory while 200 non-distressed properties are for sale.


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