Remove 2003 Remove Design Remove Investors Remove Lending
article thumbnail

The risk of zero-down loans while the Fed talks recession

Housing Wire

Well, it isn’t 2008, but this type of loan does have risk — and it’s the risk that is traditional among all late economic cycle lending in America when the loan requires low or no downpayment. The entire system has to be designed to inflate the price over time. Remember, the system is designed to keep home prices inflated.

Inventory 543
article thumbnail

Pompano Beach and Deerfield Beach Market Update Q3 2023

Empire Appraisal Group

He has been appraising real estate since 2003 and has successfully completed over 10,000 residential property appraisals. In addition to working with lending clients, Daniel provides valuations for attorneys, realtors, investors and homeowners in the local market.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Market Update Parkland and Coral Springs Q3 2023

Empire Appraisal Group

He has been appraising real estate since 2003 and has successfully completed over 10,000 residential property appraisals. In addition to working with lending clients, Daniel provides valuations for attorneys, realtors, investors and homeowners in the local market.

article thumbnail

VA Approves Desktops and Exterior-Only Appraisals

Appraisal Today

Excerpts: Lending was not very prudent prior to the crash of 2008 as suggested by the trend in the median credit score (FICO), a measure for credit worthiness; for newly originated first-time purchase mortgages the median FICO score was 686 in Q1 2006 versus 740 in Q4 2020. Be sure to put in a comment requesting it. ==. Find out why not.