Nancy Osborne Articles

Nancy Osborne

Quotes from Nancy:

"One of the most fascinating observations from this economic downturn is the fact that consumers have continued to make payment on their unsecured debt -- namely their credit cards -- while they have strategically elected to allow their secured debt their mortgage -- to go into default,"

4/27/12 "Having systems in place to detect fraud at the point of origination is essential in preventing another mortgage crisis from occurring again. Throughout the origination process, everyone involved must be incentivized to red flag fraud and not to turn a blind eye simply to get the deal done to realize a profit. Maintaining some form of skin in the game is the best way for all concerned to keep a watchful eye in the long run,"

9/23/2010 "Given the remaining level of shadow inventory, as well as the high number of adjustable rate resets still looming which could in turn lead to further defaults, it is difficult to see the supply of housing falling in an amount sufficient to move prices upwards in many parts of the country,"