Banks

Privlo Offers New Home Loan Options for Self-Employed Texans

By Leah Shafer / March 16, 2015 / 0 Comments

Getting a home loan can be a challenge for self-employed people: A typical mortgage lender wants to see one job with steady month-over-month income. But an independent contractor might have time off between jobs, varying amounts of income each pay period, and business income that looks low because of capital investments, which are common tax write-offs […]

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Making it Rain? Not so Fast! Banks Ease Lending Requirements, But New Mortgage Rules Will Manage Some Risk

By Joanna England / June 25, 2013 / 0 Comments

Interesting story in the Los Angeles Times. According to their business desk, banks are easing lending restrictions and lending more freely, using “creative financing,” which could bring more risk to the market. The story, which talks about “piggyback financing” and other risky mortgage loans, says that with higher prices comes more risk in housing finance. […]

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Home Ownership Rates Across the U.S. Lowest Since ’97 While Big Banks Have Cleaned Up

By Candy Evans / May 1, 2012 / 0 Comments

The Wall Street Journal and other financial news media are reporting that the U.S. home ownership rate has slipped to it’s lowest in 15 years, and experts predict it will slip even further. Why? Mortgage lending is tighter than a violin string, with no signs of loosening, not even for an election. This echoed what […]

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Guess Who Has The Biggest Glut of Foreclosures NOW? Chicago!

By Candy Evans / July 8, 2011 / 0 Comments

Boarded up brownstones in Cicero I never thought I’d see the city of my birth blow out Miami and Phoenix when it comes to having the most foreclosures in the nation right now, but Chicago takes the cake. Almost 119,000 homes in foreclosure. The problem: those stubborn banks are not letting go. This, of course, […]

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Still Saying Happy Birthday To Ebby Halliday!

By Candy Evans / March 14, 2011 / 0 Comments

This photo by Jana Martin, Neighborsgo/The Dallas Morning News, was in the Home section of the Dallas Morning News March 4.  Clarice Tinsley and I were saying Happy Birthday to Ebby! Thanks to Maloree Banks for telling me about it and sending a hard copy, thanks to Jana for sending it digitally!

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