Dave Hanna in the news!!
Prudential Real Estate is the trusted source for real estate information. The Wall Street Journal in its July 15 edition quoted David Hanna, managing partner of Prudential SourceOne Realty, Chicago, in a story about tightening mortgage insurance standards. Hanna said blanket insurance-pricing decisions made by insurers based on "declining market" standards are stalling transactions in markets that aren't declining. Hanna added that mortgage insurers must take closer looks at individual markets to establish fair and appropriate pricing thresholds.
Comments
Wall Street Journal
Yes, that was a good article. The one above it is also one of the best descriptions of what Fannie May and Freddie Mac are and how they got into their mess. If you want to expand your knowledge and really understand the Fannie / Freddie roll in our business, read this article. You can probably find it online @ WSJ.com Mortgage Market Turmoil Page A14 Tuesday July 15, 2008 "Plenty of Blame to Go Around for Fannie, Freddie" by John D. MCKinnon & James R. Hagerty
Doug Blount