Michael Pfeffer
76 connections
Contact Info
Work/Education
Work Experience
Michael Pfeffer Correction on the link: And yet another source of future foreclosures, FHA loans. http://tinyurl.com/yd599jp
Feb 2, 2010 via Twitter
Michael Pfeffer And yet another source to consider for a heap of future foreclosures. FHA loans. http://tinyurl.com/yd599jp .
Feb 2, 2010 via Twitter
Michael Pfeffer posted a blog entry Feb 2, 2010
The Foreclosure Effect
It is often discussed that distinct categories of people or loans will cause future waves of foreclosure, specifically Option ARMS of all loan amounts and the wealthy with many variations of loans (high dollar loan late payments continue to accelerate). Now we have another to consider, ... more »
Michael Pfeffer posted a blog entry Jan 28, 2010
Mortgage Rates
It appears the Fed is unwilling to commit to ending the MBS (Mortgage Backed Securities) purchase program that is helping keep mortgage rates low. The program was to set expire this quarter as the $1 trillion and change marked for the program is close to exhaustion. The Fed has shown... more »
Michael Pfeffer posted a blog entry Jan 26, 2010
Unemployment
Though the unemployment rate has improved nationally it is still a major challenge to economic recovery. The states that continue to be thrashed above the rest are Michigan, California and South Carolina (12% +) with Rhode Island, Nevada, DC and Florida trailing just behind. DC is a bit... more »