Latest News and Insights: Industry News

Foreclosures Are Getting Worse

September 20, 2010

As we’ve highlighted on this blog before (here and here, for example) Minnesota is NOT out of the woods yet, and will continue to see elevated numbers of foreclosures for quite a while. On...

Fannie Mae's National Housing Survey

September 17, 2010

Fannie Mae has released the latests findings of their National Housing Survey that polled homeowners and renters between June 2010 and July 2010. These findings were compared to a similar survey released in April  (See the...

More Help For Struggling Homeowners

September 16, 2010

More help for local residents struggling to keep their homes is available in upcoming workshops sponsored by several non-profit and governmental partners. FREE Foreclosure Prevention Workshops at Hennepin County Libraries: At these informal sessions,...

Subprime 2.0?

September 9, 2010

Edward Pinto, the Chief Credit Officer of Fannie Mae back in the 1980’s, has written an Op-Ed for Bloomberg titled “Subprime 2.0 Is Coming Soon to a Suburb Near You” that talks about no-money down...

Why Refi? Is it right for you?

August 31, 2010

According to a new article at MarketWatch based on CoreLogic data, more than a quarter of households that refinanced between January and June of 2010, chose a 15-year fixed-rate mortgage.  This compares to only...

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