Lynn Effinger

Lynn Effinger

Lynn Effinger is a veteran of more than three decades in the housing and mortgage servicing industries. He serves as president of Effinger Consulting and is the author of the inspiring memoir, Believe to Achieve – the Power of Perseverance.


  • A look at housing without rose-colored glasses

    Let's look at the Fed rate
    It is only one week into the new year and already reports are appearing that 2016 is going to be a wonderful year for housing. But if you take off the rose-colored glasses and look at the industry in a different light, it might change whether you think 2016 will be a good year.
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  • Fed will absolutely raise interest rates – despite being "too late"

    There's no economic recovery in play
    With the imminent raising of interest rates by the Federal Reserve later today, one industry expert weighed in, saying the Fed is just too late. Because the Fed waited too long to raise rates, hoping that a "real" economic recovery was in play, which it absolutely, indisputably has not, they boxed themselves into a corner to have to raise rates now.
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  • 4 ways to jump-start a real housing recovery in 2016

    Here’s the foundation for recovery
    These four actions will help lead us to a stronger economy in general and a real housing recovery in particular. And while these aren’t the only things that need to happen to facilitate this, they do represent a solid foundation onto which said recovery can be built.
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  • The same culprits are re-inflating the housing bubble

    Here we go again...
    Although there is plenty of blame spread across Wall Street for the housing crisis, to many involved in the mortgage and real estate industries, as well as to consumers themselves, the true enabler was our government. Now, evidence abounds that the bubble is being re-inflated by these very same culprits.
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  • The bad news isn't close to over for the housing sector

    Is housing really recovering?
    A recent industry article reported that bad loans remain well above pre-crisis levels. Does this sound like the housing sector is in a real recovery? Here's one industry expert's thoughts on the issue. You can decide from there whether this recovery is real or not.
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  • More ZIRP from the Federal Reserve surprises exactly no one

    Economy sits on precipice
    The Fed made its decision to not raise interest rates because it boxed itself in with this failed program of artificially propping up Wall Street. It knows full well that with the stagnating world economic picture and the volatility in our stock market, raising interest rates is not worth the risk… yet.
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  • Reminder: Rehab REOs to increase profits

    Don't sell property "as is"
    Servicing and asset management organizations involved in the mortgage default arena need to look once again at each REO property on an individual case-by-case basis to determine if rehabilitation and/or property improvements are the best marketing strategy for each property.
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  • Dow crash will only temporarily slow housing stocks

    The bigger picture in the industry remains more worrisome
    Within minutes of the opening bell on Wall Street this morning, as we are all now well aware, the Dow Jones Industrial Average was off by 1089 points. While I have been predicting a negative turn of economic events here in the U.S. created by fanciful delusions that our economy is in growth mode, I believe what we are experiencing is actually a "pressure release valve" being activated.
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