If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!Did you know your mortgage insurance may be deductible? Under certain conditions, the Internal Revenue Service (IRS) reports that homeowners may deduct their mortgage insurance premiums when filing their federal tax returns.
Generally, mortgage insurance premiums paid to a government [...]
In my original dead man walking post I argued that wholesale mortgage originators (brokers) were on the way out. I pointed to all sorts of signs that seemed to point towards a future with a much smaller broker presence in the mortgage world. And, for the most part I was dead on, as 3rd-party originations [...]
Updated: Read these chilling words from Paul Kedrosky’s Infectious Greed to get a sense of the enormity of the AIG problem. You can read the rest of his post here.
Take your second deep breath of the week. We are at a cusp tonight, with a Treasury deal apparently on the table to provide [...]
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