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Tag Archives: Recession

The Plight of Vacation Home Values

vacation home markets

While the rest of the housing market cruises along, vacation home markets are still trying to get back to the values they had before the crash, according to a report. What’s keeping this market from booming?

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Wells Fargo Brings Back Private-label Bonds

According to an executive at Wells Fargo, the bank will begin issuing private-label bonds—the first time it's done so since 2008. Backed by non-government guaranteed mortgage loans, these bonds offer lower risk to banks and, therefore, lower interest rates for borrowers. JPMorgan and Redwood Trust have also begun issuing these types of bond as of late.

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