Meredith Whitney on the Mortgage Market
Low rates have not moved the mortgage market, says Meredith Whitney, Meredith Whitney Advisory Group founder/CEO, who adds low rates are not the solution and banks have not done anything to remedy the mortgage markets. Whitney says the United States housing policy should include banks working together to have an industry re-pricing.
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My goal in creating this blog is to provide an honest, inside view of the mortgage industry, and to explain the process of obtaining a mortgage in the most straightforward and effective manner possible.
There are so many aspects of the loan process that consumers don’t understand, seemingly basic things that can affect your interest rate substantially, costing you thousands each year. And they can be resolved with minor solutions, often just by reading blogs like this. So go ahead, browse the site and educate yourself. Because in this industry, knowledge equals savings! »
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