You get what you get and you don’t get upset

Last week a top State official called for a ban on risky loans. At issue are so called “stated loansâ€? or “liar loansâ€? as they are affectionately referred to in the industry. These are loans in which an applicant merely indicates an income amount and provides no supporting documentation. These loans typically carry a higher … Read more

Early Signs Show Improving Conditions

During the past several years of the housing boom you could set your watch by when the Spring Selling Season was upon us. The market instinctively began to move upward in late March and early April. This was evidenced by the highest number of recorded sales between May through August. The number of houses that … Read more