There’s no doubt that the tight housing market has an impact on buyers, but it also has important implications for mortgage lenders, too. It turns out that buyers are not the only ones having challenges in areas like Seattle. In hot housing markets like this one, there are just not enough homes to meet the demand of potential buyers. The…
September 2015
It might seem like a stretch to argue that the financial crisis in Greece could have major ripples for the housing industry in the U.S., but there are important indicators worth paying attention to. The main reason this might feel like a stretch is because many people are aware of the crisis in Greece, but not what it really looks…
The Supreme Court recently handed down a decision related to the disparate impact theory of liability and it has important ramifications for mortgage lenders. The Court specifically found that this theory can be applied to the Fair Housing Act. This calls for lenders to be more aware and rigorous in both the testing and analysis of business practices that could…