Sunday, July 15th 2018

Burt Carlson's Articles


Early this week the European Finance Ministers and European Central Bank (ECB) along with the International Monetary Fund (IMF) put together a one Trillion dollar rescue package for Greece. To put the...
Financing (May 13th, 10)
The housing crisis has spawned a number of government sponsored programs to assist first time homebuyers. With the expiration of the first time home buyer credit fast approaching it seemed useful to e...
Personal Finance (Apr 23rd, 10)
Arizona has many homes that are upside down on their mortgages (that is, the homeowner owes more than the value of the property) and some, perhaps a lot, of these properties will wind up in foreclosur...
Real Estate (Apr 19th, 10)
On February 23, 2010 First American CoreLogic released its report for the fourth quarter 2009 on negative equity in the U.S. (http://www.loanperformance.com/aboutus/first-american.aspx). For Arizona t...
Personal Finance (Apr 9th, 10)
There are three crucial tests you must meet in order to qualify for a home loan in today’s world. The tests are down payment, debt ratio and credit quality. As recently as 2007 you might only ne...
Personal Finance (Apr 9th, 10)
In the last year or two the concept of “too big to fail” has been applied to certain financial, manufacturing and quasi governmental firms. For example, Barney Frank said last week that he...
Real Estate Market (Mar 18th, 10)
To understand mortgage rates and where they may be headed in 2010 it may be useful to discuss how mortgages are financed. Mortgages are “originated” by mortgage brokers, mortgage b...
Real Estate (Feb 1st, 10)
This past February the President announced the Homeowner Affordability and Stability Plan which was intended to help up to 9 million homeowners restructure or refinance their mortgages to avoid forecl...
Real Estate (Nov 19th, 09)
In the mortgage world lenders (defined as any institution that makes home loans including banks) have certain rights and expectations. For example, they expect borrowers to make their payments on time...
Real Estate (Nov 12th, 09)
Burt Carlson
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