Art's Mortgage Solutions Blog

Almost daily I get updates from our corporate office modifying programs, reducing documentation options, lowering LTV's or DTI's, raising FICO scores or eliminating programs all together.  The pool of available qualified borrowers has shrunk dramatically this year.  It is a real chicken or egg qu...

The actual speech is long, but worth the read....as it not only addresses the current mortgage and financial market crisis ,but provides a good summary of the history of USA mortgage finance.  Here is a summary:Bernanke clearly and unambiguously acknowledges that there has been a financial panic ...