3 quick takeaways from the mortgage conference happening right now

3 quick takeaways from the mortgage conference happening right now

Tidbits from SourceMedia Mortgage Servicing conference

New home sales plummet 14.5% in March

Spring buying season off with a whimper

4 metrics reveal California's true housing market

Foreclosures dwindle as home prices skyrocket
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From HW Magazine

The blessing of shared appreciation

A new housing finance model holds promise, but beware the devil in the details

Homeowners sitting in upside-down status with properties thousands of dollars underwater may find themselves begrudgingly making payments on residences no longer worth their original values -- or even worse, tempted to strategically default to escape their debts, leaving banks to absorb those losses.
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