Flipping Report 2016

Attom Data Solutions posted a data-filled Flipping Report for the year 2016 that is worth taking a look at. In it you can find the data for most cities in America. Here’s what I mined from the map shown in the article, that represents our region. A word of warning:  The following information may cause … Continued

“The Big Short” not again

If you liked the movie “The Big Short” then you’ll want to read this.  Mortgage-backed securities (MBSs) are back, and they are being bundled this time as Fix-and-Flip mortgage bonds.  It’s “Wall Street’s new housing bet to boost home flippers”, says Inman’s headline on February 15, 2017. What is it?  Last year Fannie Mae and … Continued