Marin Modern Real Estate Blog
Marin Mortgage News
The latest news on mortgages and green-lending practices in Marin County and the San Francisco Bay Area.
This category currently has 2 blog entries.
By: Brian Stewart
Mon, Oct 06, 2008
I was reflecting back on the roller coaster ride we've all witnessed within the mortgage industry and came upon an article entitled Fannie Mae Eases Credit To Aid Mortgage Lending which first appeared in the New York Times on September 30, 1999.
This article from 1999 makes for an interesting read and helps underscore that the credit crisis we are in today stemmed partly from political policy decisions made over a decade ago. All finger pointing aside, the backlash of any financial crisis is the pendulum swinging to the opposite extreme. The days of sub-prime lending and mortgage qualification without income verification are gone and underwriting standards have tightened drastically across the board. For conventional loans, Marin...
Read More »
115 Views,
0 Comments.
By: marinmodern
Tue, Aug 19, 2008
We’ve long been known for our environmental ethic in Marin County, California. As green building techniques gain in popularity and everyone seems to be talking about LEED® Certification, some of you may be asking: Are there any eco-friendly financing options available for my home? It turns out there are a few options with established local companies.
Newresource Bank – This San Francisco based bank opened their doors in September 2006 and has been growing rapidly ever since. Their mandate is to provide banking services for green minded clients and to provide financing for sustainable business entrepreneurs. They offer standard depository services, construction loans and also have an extremely popular solar loan program.
...
Read More »
164 Views,
0 Comments.
Back
