1) Dear loan underwriters – Please stop asking for pointless time wasting minutiae – It seems with every deal underwriters come up with something new to ask for, almost like it is a contest. Here Jay gives some examples.
2) Zillow COO discusses next wave of foreclosures on Fox Business – Interesting video interview on the “shadow” inventory with Zillow COO Spencer Rascoff.
3) What is my home worth? Beats me – Appraisals are completely unpredictable in the housing industry right now.
4) FHA broker approval delegated to approved DE Lenders: Will this squeeze out smaller players? – Will new FHA guidelines kill the small lender? It’s not the first time we have heard this in the last few months.
5) Measuring influence on Twitter: Who “cares?” – Marc Davidson does a great interview with Klout to determine what exactly Twitter influence is.
