Show Menu

Posts by John Wake

Secret #49 – The VA Has a Lot More Zero Down Payment Mortgages Than FHA But the VA Has FEWER Foreclosures!

 By on

Secret #48 – Appraisal Creep

 By on

Secret #47 – A Big Reason the Mortgage Industry Always Pushes for Higher-Foreclosure Mortgages

 By on

Secret #46 – Since Our Mortgage System is Nationalized, Shouldn’t We Get a Better Deal?

 By on

Secret #45 – The U.S. Mortgage Industry is Largely Nationalized

 By on

Secret #44 – Lower-Only Adjustable-Rate Mortgages (LO-ARMs) Would Stabilize Home Ownership and the Economy

 By on

Secret #43 – Portable Mortgages Would Prevent Today’s Mortgage Lock-in Effect

 By on

Secret #42 – Mortgages are Only 20 Years Long in Many Countries

 By on

Secret #41 – Mortgages That Would Have Been Considered Predatory in Earlier Times Were Considered as Wholesome as Mom and Apple Pie in 2006

 By on

Secret #40 – Real, Inflation-Adjusted, Fannie & Freddie Loan Limits are 2 to 3 Times Higher Than in 1980

 By on

Secret #39 – The Real Reason for “Affordable” (Higher-Foreclosure) Mortgages

 By on

Secret #38 – The “Affordable” Mortgage Cycle

 By on

Secret #37 – Fallacy of Geographic Composition – Foreclosures

 By on

Secret #36 – Fallacy of Composition – Foreclosures

 By on

Secret #35 – When House Prices Go Up, Foreclosures Go Down

 By on

Secret #34 – The Mortgage Interest Tax Deduction Increases House Prices which Lowers Home Ownership

 By on

Secret #33 – Easier Mortgages Easily Turn Into Higher House Prices

 By on

Secret #32 – “Affordable” Mortgages are Affordable for the Government

 By on

Secret #31 – All Those Decades of “Affordable” Mortgages Didn’t Increase Home Ownership

 By on

Secret #30 – Mortgages Are Phenomenally Riskier Today Than When the U.S. Home Ownership Rate Increased the Fastest

 By on