Team Thayer Property Servicing

 RMBS Market Been Stagnant Since the Crisis? The private-label residential mortgage-backed securities market has  remained stagnant since the financial crisis, even though securitization in many asset classes has resumed (including commercial mortgage-backed securities); a  new brief  from the Urban Institute  examines why the RMBS market has not recovered similar to the way other asset classes have, and contains suggestions for precipitating such a recovery. In the brief, titled " The Rebirth of Securitization: Where is the Private-Label Mortgage Market? ," the UI's Director of Housing Finance Policy, Laurie Goodman, noted that the securitization of residential mortgage-loans backed by government agencies such as Fannie Mae and Freddie Mac have been strong while securitization of loans without a government backing has collapsed. While the collapse has not affected high net worth borrowers with perfect credit, since banks compete for these loans, access ...

1.  Potential Foundation/Structural Problems One of the most costly repairs to a home is correcting foundation problems.  The foundation of a home is arguably the most important part of a home.  A home with a problematic foundation can cost a home owner thousands of dollars to correct a problem. When looking at homes, it’s important to be aware of the foundation.  If the home has an unfinished basement it can be relatively easy to see if there is any cracking in the foundation.  Minor cracking may only be a sign of settling in the home, however, large cracks can be a sign of structural problems with the foundation. If a home doesn't have a basement or has a finished basement that doesn't allow for you to look at the foundation, another way to tell if a home is possibly experiencing structural problems is by looking at the door frames throughout the home.  If the door frames seem not to be square or the doors seem to have difficulty closing, it’s...