Tag Archives: Rosen

How can confidence in the housing market be restored?

In this week’s FNC Morning View, Bob Dorsey said the mortgage industry faces two problems: a glut of REO properties and uncertainty from potential buyers. The Ranieri, Rosen plan (Plan B, proposed by MBS expert Lewis Ranieri and real estate economist Kenneth Rosen) provides a good approach to paring down that REO surplus. Dorsey explained:

“They’ve proposed to Congress a plan where people who can’t qualify for… Continue┬áreading

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