States Get Involved in the Subprime
Monday, August 27th, 2007 Posted in Uncategorized | No Comments »Well amidst all of the Subprime and even Alt-A problems it appears that states are trying to help solve the problem in their own communities. 30 states have introduced some sort of legislation that would help protect the consumers from ...
More Countrywide News
Monday, August 27th, 2007 Posted in Uncategorized | No Comments »Well there is some more good news for Countrywide today. It appears that Bank of America Corp. invested $2 Billion into the largest lender in America to help them live to fight another day. They purchased non-voting preferred stock that ...
100% financing’s future in the real estate world
Thursday, August 23rd, 2007 Posted in Uncategorized | No Comments »I know many people don't have the best credit, life happens and you have to make a sacrifice so you miss a credit card payment and that kills your credit score that you worked so hard to obtain. Well times ...
What? Warren Buffet’s a superhero?
Wednesday, August 22nd, 2007 Posted in Uncategorized | No Comments »He's no superhero but definitely perceived as a buinsess/financial guru (I know I've read his books) and now it appears that Warren Buffet could be BUYING Countrywide Wholesale. Quite interesting, I believe Mr. Buffet already has a good number of ...
Foreclosure’s Still on the rise.
Tuesday, August 21st, 2007 Posted in Uncategorized | No Comments »Well RealtyTrac who sells foreclosed homes released a mid-year report showing California and Ohio cities are accounting for 10 of the top 20 metro area foreclosure rates. Some areas where foreclosures skyrocketed have been slowing "but the overall trend is ...
Who Can You Trust?
Tuesday, August 21st, 2007 Posted in Uncategorized | No Comments »It seems like every corporate enitity gets a little greedy... Who pays for it? The consumers do. You, Me, Our neighbors even the community that we live in. I'm not just referring to the current Mortgage Crisis going on. I'm ...
Annual Credit Reports
Monday, August 20th, 2007 Posted in Uncategorized | No Comments »I know a lot of us have had a good amount of discussion about clients checking on their credit for incorrect information, identity theft, unpaid collections...etc. I encourage all of my clients to contact each bureau to access their report ...
Cracking Down?
Friday, August 10th, 2007 Posted in Uncategorized | No Comments »Well some of you might have heard about ZipRealty or Redfn; who are online discount brokers. We could be seeing the end of that short lived fad...They were/are offering rebates to buyers and sellers to help connect them with an ...
Jinxed or just spoke too soon?
Friday, August 10th, 2007 Posted in Uncategorized | No Comments »Well, In a blog I posted just the other day I jokingly said that if Countrywide went under we'd be in for some trouble and us mortgage loan officers might be looking for new employment. Kind of a scary thought, ...
Credit Card Companies UP the Ante!
Thursday, August 9th, 2007 Posted in Uncategorized | No Comments »So of course I am at my laptop working away with my email open, bluetooth on my ear, messenger's open trying to solve some of these loan problems I've recently ran into. I get email news updates from all sorts ...