FHA, The Past, The Present, and The Future

How-To-Buy-A-HUD-Home-Report

Long gone are the days that we threw FHA into the “New Sub-prime” bucket. When I first started originating FHA loans in 2005 everything was a “manual underwrite”. We boasted the fact that it was “make sense underwriting”. There were no computers or automated underwriting involved. Then, we went through a period where everyone came [...]

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February 22 Case Schiller Report, Is The Glass Half Full or Half Empty?

San Diego Case Schiller February 22nd

The much anticipated S & P Case Schiller report is out today. Unless you live in Washington DC or San Diego the news are grim at best. The report goes on to say: “Both Los Angeles and San Francisco reported negative annual rates of return in December, leaving San Diego and Washington DC as the [...]

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