When President Donald Trump floated the idea of a 50-year mortgage last November, it ignited a debate over housing affordability. One analysis showed that a borrower with a $500,000 loan could save $165 per month, but they would pay more than twice as much interest with a 50-year mortgage compared with the 30-year option. What […]
High energy performance lowers mortgage costs for buyers Read More »
Revealing what two former Manufactured Housing Institute Presidents/CEOs said undermines narratives There is a widely spread narrative that has circulated for years in what we lovingly call MHVille. According to that narrative, the Manufactured Housing Institute (MHI) represent “all segments” of the factory-built housing industry. Quoting MHI, they are: “Leading advocates” for manufactured housing. The
The end came swiftly at Sierra Pacific Mortgage, especially how the news of the company’s sale was delivered to employees. Processing Content Following the agreement to sell the business to Union Home Mortgage, affected employees were addressed by Jim Coffrini, president and CEO in a brief on-line call. That call did not allow for questions,
When M&A news goes wrong for employees Read More »