Post your comments or questions on any mattersĀ related to finance and housing.
Read MoreWhat is QRM?
QRM are “Qualified Residential Mortgages” as defined in Dodd-Frank Act. They are special mortgages that are exempt from “skin-in-the-game” requirements, i.e. securitizers...
Future of the Housing Market: White Paper by Tim Geithner
There is a major overhaul currently underway in the structure of our housing market, including both the primary market (see here) and secondary market (see here). Dodd-Frank Wall Street Reform and Consumer Protection Act laid out the vision for future by creating a new paradigm that controlled by rampant abuse of housing practices by all parties involved. Subsequently, white paper āREFORMING...
Current Structure: Secondary Mortgage Market
Secondary Mortgage Market The space where mortgages are bought and sold after they have been originated (buyer has bought the house and mortgage placed on it) is called Secondary Mortgage Market. It...
