News from the Other War

Ukraine War

            Pearl River      Walking in my neighborhood, I still see a couple of houses flying the yellow and blue flag in solidarity with Ukraine.  More than four years after Russia invaded the country, and now as we are all obsessed and hammered by the Trump war in Iran and horrified by news of Israel’s activity …

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Nontraditional Loans and Barney Frank

Banks Housing

            Pearl River      As it becomes harder to get loans to buy homes, borrowers are increasingly looking for alternatives, including non-traditional, unguaranteed, noncomforming mortgages.  The Wall Street Journal notes that in 2025, such loan originations rose from less than 1% in 2020 to almost 6% of total mortgages in 2025.  Should we worry?  Maybe, they …

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