tag:blogger.com,1999:blog-33399132.post375386160266836181..comments2024-03-04T08:09:21.453-08:00Comments on Richard's Real Estate and Urban Economics Blog: Allowing underwater borrowers to refinance could helpRichard Greenhttp://www.blogger.com/profile/02161226214739034402noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-33399132.post-40673542936806701372011-11-18T08:52:48.229-08:002011-11-18T08:52:48.229-08:00Real Estate and Urban Economics will always go han...Real Estate and Urban Economics will always go hand and hand. <br /><br /><br /><a href="http://www.melrose-sovereign.com" rel="nofollow">Hoa Management</a>Melrose-Sovereignhttps://www.blogger.com/profile/02908810058708323463noreply@blogger.comtag:blogger.com,1999:blog-33399132.post-1481899403364848482011-10-11T09:32:43.741-07:002011-10-11T09:32:43.741-07:00Richard's mentions his own view for Real Estat...Richard's mentions his own view for Real Estate and Urban Economics. This i given all factors and do deeply discussing. It's helpful to get good suggestion.<br /><br /><a href="http://www.hoamanagement.com" rel="nofollow">Real Estate Management</a>Baron parkerhttps://www.blogger.com/profile/10276576842128345980noreply@blogger.comtag:blogger.com,1999:blog-33399132.post-48355104531512282402011-09-02T12:18:06.082-07:002011-09-02T12:18:06.082-07:00Rhonda,
I think the silent second idea is a good ...Rhonda,<br /><br />I think the silent second idea is a good one. it might be helpful in places like Florida and Las Vegas.Richard Greenhttps://www.blogger.com/profile/02161226214739034402noreply@blogger.comtag:blogger.com,1999:blog-33399132.post-80488956913701295332011-09-01T05:59:35.115-07:002011-09-01T05:59:35.115-07:00I would like to see more "streamlined" r...I would like to see more "streamlined" refinances on conventional mortgages, similar to an FHA streamlined where no appraisal is required. The home owner typically still needs to qualify based on income and credit. <br /><br />They could have the option of paying additional towards principal to shorten the term with a lower rate or their lower payment could help put some additional cash into the economy.<br /><br />I'm not a fan of principal reduction...unless the lender has a silent second mortgage in the amount of the reduced debt that is paid when/if the borrower sales or later refinances their home.Rhondahttps://www.blogger.com/profile/11416064204013419247noreply@blogger.com