I thought HW readers might be interested in a few items that appeared elsewhere today: Up first, I recently completed an interview with the folks at eFinanceDirectory on the mortgage market and where it’s headed — I’ve already receieved quite a bit of feedback on it. In it, I discuss my own views on what I see and hear taking place in the mortgage market, and where I think we’re headed. It’s the sort of stuff that I frankly try to limit doing here at HW (I prefer to focus on covering the events making the industry move). At any rate, I hope you find it thought-provoking. I also am a featured guest poster over at Blown Mortgage today while Morgan Brown is away on vacation — in my post there, I discuss a bit more about where I believe we’re headed with broker responsibility and the so-called fiduciary responsibility argument. If you haven’t heard about this issue yet, it’s high time you did. At any rate, have a good weekend. I’ll be posting some new commentary this weekend on a crazy new idea in securitization that is being eyed as a way out for investors and many troubled homeowners.
Some Weekend Reading
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Former Ginnie Mae president reacts to lawmaker’s reverse mortgage securities letter
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Financial planner: Reverse mortgages can help retirees with high property taxes
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MBA issues support for real estate finance bills debated by Congress
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Supreme Court denies HomeServices’ petition in commission suit
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Home prices kept climbing at a brisk pace in March: First American