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Alright, Pack Up Ship And Then Cut The Fat

A report from Mortgage Orb. "For the fifth consecutive quarter, a plurality of mortgage lenders expect near-term profitability to decrease, according to Fannie Mae's Q4 2021 Mortgage Lender Sentiment Survey. 'Mortgage lenders’ profitability outlook has significantly weakened over the past…

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Almost All Will Be Lost

A report from the LA Daily News in California. "Rampant housing inflation means the federal government will now back almost million-dollar mortgages — including deals in Los Angeles and Orange counties. Note that mortgages made for vacation homes and second…

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In The Twilight Of An Incredible Boom

A weekend topic starting with a press release. "ATTOM released its third-quarter 2021 U.S. Residential Property Mortgage Origination Report, which shows that 3.59 million mortgages secured by residential property (1 to 4 units) were originated in the third quarter of…

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Get Real, Average Turkey

A report from Bloomberg on New York. "Manhattan luxury-home sales had their best week of the year. The second-priciest home to find a buyer was a limestone mansion owned by financier Phil Falcone, at 22 E. 67th St., on the…

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