by Glen | Oct 6, 2020 | credit scoring, General real estate financing information, Hard Money Lending, Housing Price Trends / Information, interest rates, Private Lending
The Urban Institute think tank says nearly two out of three loans made in 2019 would fail to meet at least one of the stricter standards lenders have imposed since March. Banks are tripping over themselves to be the first to hedge against future downside risks and...
by Glen | Sep 30, 2020 | Property Valuation, Real Estate economic trends, real estate investing, Real Estate Trends, Real estate Valuation, Residential hard money, residential lending valuation
There is a new legislative proposal to radically alter the appraisal industry. Should the use of comparables be arbitrary when establishing appraised value? Do appraisers need to better “appreciate” a neighborhood (what does this even mean?) Should an appraiser use...
by Glen | Sep 24, 2020 | Colorado Hard Money, Georgia hard money, Real Estate economic trends, real estate investing, Real Estate Trends, Real estate Valuation, Realtor, Residential hard money, residential lending valuation
FHA has placed a moratorium on foreclosures from mortgage loan defaults and offered any borrower that requests it an extension to not make payments for a year (HUD). This effectively kicks the can down the road and pushed out any impending actions until March of...
by Glen | Sep 15, 2020 | interest rates, Property Valuation, Real Estate economic trends, real estate investing, Real Estate Trends, Real estate Valuation, Residential hard money, residential lending valuation, Small Balance Commercial Lending, Underwriting/Valuation
If you have been tracking interest rates in the mortgage market, your head is likely spinning. Mortgage rates hit a record low of 3% less than a week later rates have risen again. What is causing the drastic swings? Is now the time to lock in or refinance? What did...
by Glen | Sep 8, 2020 | Atlanta Hard Money, Colorado Hard Money, Real Estate economic trends, real estate investing, Real Estate Trends, Real estate Valuation, residential lending valuation
The Coronavirus has created a unique financial situation. Unemployment rates are at record highs, with companies announcing long term downsizing. At the same time residential real estate is hitting new records and continues to increase in the face of the economic...
