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April 26, 2017

CoreLogic: "Mortgage Performance Is Beginning to Deteriorate"

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By K.K. MacKinstry/LendingLies Today I listened to a webinar about housing trends hosted by website Housingwire.  Ten-minutes after logging in, I logged off.  Chief Economists from Fannie Mae and the Mortgage Bankers Association discussed economic indicators that were little more than banker’s spin.  They stated that Federal Reserve rate hikes would preserve the wealth effect …

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Fannie Introduces "Innovative Solutions" so Millennials Drowning in Student Debt can Buy a Home

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http://www.fanniemae.com/portal/media/financial-news/2017/student-loan-debt-6546.html The massive student loan bubble the Feds created has resulted in a generation that is unable to afford a home like previous generations.  Millenials are often not able to find a job that provides a living wage and the ones that bought into the hype that an over-priced college degree provides value often graduate …

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