With a recovering economy and a newly vibrant housing market, we are beginning to see more data and articles referencing the revival of subprime mortgages.
Tag: From the Desk of Cal Haupt
Posted inHome Mortgages, Thought Leader, Thought Leadership
What Mortgage Lenders Need to Know Now
The real estate industry is constantly in a state of flux due to economic cycles, government legislation, real estate trends and technological advancements.
Posted inHome Mortgages, Thought Leader
Atlanta Residential Real Estate Rebounds
After months of sluggish behavior in the Atlanta residential real estate industry, May finally demonstrated significant housing recovery. After two months of a score of 5.7, the May Cal-Culator ranks a 6.0 due to improvements across the board in pending home sales, foreclosures and home price gains. The leading measure of U.S. home prices, the […]
Posted inHome Mortgages, Thought Leader, Uncategorized
April Cal-Culator Reveals Continued Spring Setback
This spring real estate season continues to disappoint the Atlanta area after a strong winter. Sluggish market behavior caused the Cal-Culator index to remain stagnant in April.
Posted inHome Mortgages, Thought Leader
Debunking Top Real Estate Myths
Though the real estate industry is constantly evolving, long-thought myths are still plaguing the market and consumers’ decisions. This week, we debunk some of the most commonly thought myths including the truth behind moving to the suburbs, remodeling as an investment and licensed vs. registered mortgage loan originators. Myth #1: Suburbs Provide More Bang for […]
Posted inHome Mortgages, Thought Leader
Strong December Cal-Culator Shows Promise for 2014
The December Cal-Culator reflects a year of recovery for the Atlanta residential real estate market from increasing home sales, prices and inventory.
Posted inHome Mortgages, Thought Leader
The November Cal-Culator Offers a Bit of Relief for Atlanta Housing Industry
The November Cal-Culator reflects continued recovery for the Atlanta residential real estate despite the traditional winter slowdown of the housing industry.
Posted inHome Mortgages, Thought Leader
The October Cal-Culator Reflects a Month of Housing Decline
It’s no surprise that the 16-day government shutdown had a major, negative effect on the housing market.
Posted inHome Mortgages, Thought Leader
The September Cal-Culator Shows Continued Growth in the Atlanta Residential Real Estate Index
September 2013 marks our second month of The Cal-Culator, Atlanta’s residential real estate index. Based on rising mortgage applications, declining foreclosure rates in Atlanta, the growth of the U.S. economy, the Cal-Culator is seeing a rise!
Posted inHome Mortgages, Thought Leader
Introducing The Cal-Culator: Atlanta Residential Real Estate Index
I am pleased to introduce The Cal-Culator: Atlanta’s Residential Mortgage Index.
Posted inHome Mortgages, Thought Leader
A Big Change in the Mortgage Industry
With the historically low mortgage interest rates over the past few years, the number of refinanced mortgages has risen astronomically. But over the past few months as rates have increased, the number of refinances has dropped just as dramatically.
Posted inHome Mortgages, Thought Leader
The Benefits of a Mentor Relationship
The role a mentor can play in a young professional’s life is unparalleled, especially in an industry that is by nature constantly fluctuating.
Posted inHome Mortgages, Thought Leader
New Office Concept Is Enriching Relationships
The new Social Max Centers aren’t something created while waiting for the tide to rise – they are evidence of company growth rooted in sustaining relationships.
Posted inHome Mortgages, Thought Leader
It’s Time to Act on the Housing Market’s Opportunities
The next phase of the housing recovery is underway – higher credit costs. At first, it may seem as though higher credit costs accompany an unfavorable market. When in fact, higher credit costs are a result of a rising demand for longer-term capital investments. The financial crisis was not favorable to anyone’s means, but it […]
Posted inHome Mortgages, Thought Leader
Boomerang Buyers Ready to Enter the Market Again
Everyone loves a comeback story. A recent article in the Wall Street Journal reported on buyers that are making a comeback – “boomerang buyers.” These buyers aren’t new to the market but they are experiencing home buying differently the second time around – with a foreclosure in their past. While it seems like just yesterday […]
Posted inHome Mortgages, Thought Leader
Election Outcome Doesn’t Really Affect Home Prices? Or Does it?
With polling results reflecting an extremely close presidential race, we are not predicting a winner. But one thing we can predict is that no matter whether there will be a moving van driving up to 1600 Pennsylvania Avenue in January or the Obamas will be in residence, the housing market may suffer. The cyclical nature […]
Posted inHome Mortgages, Thought Leader
Consumers – Data confirms Optimal Time to Buy
The Metro Atlanta Housing Market has entered a rare phase in normal housing cycles. Gradual diminishing benefit generally follows after this point is reached. Current housing data confirms housing prices are on the rise, inventory is significantly reduced, and historically low mortgage rates although slightly higher are still available. The down side risk of single […]
Posted inHome Mortgages, Thought Leader, Thought Leadership
New Consumer Financial Protection Bureau Rules will Help Protect Consumers
By Cal Haupt, president and CEO of Southeast Mortgage Earlier this month, the Consumer Financial Protection Bureau (CFPB) announced their proposed rules to protect homeowners and increase mortgage servicer accountability. The CFPB asked consumers, a Small Business Review Panel and mortgage industry professionals for their input while developing their proposed rules. The public has 60 […]
Posted inHome Mortgages, Thought Leader, Thought Leadership
Should You Pay Off Your Mortgage Early?
By Cal Haupt, president and CEO of Southeast Mortgage In Samuel Coleridge’s epic poem, “The Rime of the Ancient Mariner,” the narrating sailor details a stalled voyage on the sea: “We stuck, nor breath nor motion; as idle as a painted ship upon a painted ocean.” Our debts weigh us down, and can make us […]
Posted inHome Mortgages, Thought Leader, Thought Leadership
Consumer Will Benefit From Simpler Mortgage Disclosure Form
For more than 35 years, two federal laws (the Truth in Lending Act or “TILA,” and the Real Estate Settlement Procedures Act or “RESPA”) have required lenders and settlement agents to give consumers who take out a mortgage loan separate but overlapping disclosure forms regarding the loan’s terms and costs. This duplication has long been […]
