I study how monetary policy interacts with mortgage underwriting standards in shaping tenure decisions and rental market equilibria. Using property-level data from the American Housing Survey, I show ...

Key takeaways. A letter of explanation for a mortgage is a document that addresses red flags that might derail a mortgage approval, such as a period of unemployment or an unpaid credit balance.

While your mortgage is going through the underwriting process, ... Sample letter of explanation for a mortgage lender. While the exact content of your letter depends on your circumstances, ...

It wasn’t all bad at Willowbrook State School (letter to the editor) If you purchase a product or register for an account through a link on our site, we may receive compensation.

Letter to the editor from Jack Aman, Poulsbo. Congrats to Conor Wilson for coining and using a word that — while previously unknown to me — is clever and wonderfully descriptive.

Mortgage underwriting doesn't have to be a confusing part of the loan ... This letter is usually submitted alongside an offer in order to prove to the seller that you are financially capable ...

I’m writing to address a comment I made at the Aug. 13 South Portland City Council meeting. Contemplating the recent rise in property values, I suggested some seniors might consider a reverse ...

I think the Lancaster County commissioners need to make it clearer why there is a need to borrow $30 million.

Well, the next step in your residential property tax increase is happening. Banks are sending updated “mortgage bills” to homeowners.

Key takeaways. A proof of funds letter, or POF letter, proves you have the funds to buy a home. You might need one whether you’re getting a mortgage or paying for the property with cash.