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Mortgage Mess


WE'RE FROM THE GOVERNMENT AND WE'RE HERE TO HELP. ALL WE WANT IS YOUR MONEY AND YOUR HOME!!..
JIM CRAWFORD posted a timely article this a. m. about alleged collusion and favortism involved with…
There have been numerous articles and blogs about what happens to a homeowner's credit score &…
Austin is one of 79 metro areas across the country to be officially out of the recession, according…
Give it to me all… the more that you have down, the more things will work out, that you…
A few words are not going to begin to describe the value of this important and timely post…
The collapse of the housing industry is, IMO, the result of the corruption of the regulators, law…
* * * * HARD CORE REAL ESTATE TALK * * * * WARNING! THERE APPEARS TO BE A COTTAGE INDUSTRY…
Govt. Refinance Loans to 125% LTV - 07/21/2009 12:01 PM
If bad loans got us into this mess, can we expect more bad loans to get us out? The answer is…
The word on the WALL STREET today is the CIT will file for bankrutpcy later today or Monday. WAIT…
* * * * HARD CORE REAL ESTATE TALK * * * * Beazer agrees to pay $50 million Homebuilder…
ELIZABETH WARREN CHAIR OF THE CONGRESSIONAL OVERSIGHT PANEL Professor Warren has been a…
FINANCIAL NEWS TODAY. If one of the things that happened today was listening to the business news…
WHEN YOU HEAR TALK ABOUT THE EVIL 100%, ASK THE LOAN OFFICER IF THEY ARE USDA APPROVED? Often we…
FACT: Banks are in trouble because home owners are going to foreclosure. SECRETARY OF THE…
HOW DOES THE GOVERNMENT SPELL RELIEF? RELIEF = Deed-In-Lieu RELIEF = Short Sale The…
GOLDMAN'S "BILLION BUCK BUCKET" just got a little lighter, thanks to the actions of the Attorney…
THE BIG BANKS WIN AGAIN. Through the lobbying efforts of Bank of America, J. P. Morgan Chase and…
Now that the extreme permissiveness of the mortgage/lending/real estate industry is over,…
JUST RECEIVED FROM FANNIE MAE. Don't guess. Read it for yourself. From the horse's mouth…
* * * * HARD CORE REAL ESTATE TALK * * * * LOAN MODIFICATION - The government's failure to help…
For many that don’t know, FHA was created by the National Housing Act of 1934. What people…
BRIAN BRADY WROTE: "I have far too much respect for the people who have lost in this market to…
Okay, when is the government when are we spending the next hundred billion? Maybe the next…
COMPARE THE GOVERNMENT BAILOUT FOR AIG - $170, 000, 000, 000 so far. No accountability..
Mr. Ben Bernanke is considered the 4th most powerful man in the world in the banking…
Here's a sad expose about a Loan Officer recently convicted for mortgage fraud in Seattle. The only…
I debated whether or not to post this blog entry. After speaking with other agent colleauges and…
This mornings news says that both Citibank and Bank of America's stocks are plummeting based on…
Jumbo Loans Start to go Late Too - 02/20/2009 08:34 AM
It looks like jumbo mortgages are now starting to show some stress. Defaults are at their highest…
Think about it. What IF every home buyer had to pay cash for their house? No one could afford to…
I LOVE INMAN. I receive a twice daily news report from Inman and I often wonder how these guys…
Today our new Treasury Secretary Tim Geithner finally took the stage to unveil the…
THE OBAMA ADMINISTRATION IS GIVING THE AMERICAN PUBLIC MORE THAN A NEW MESSAGE AND A NEW DIRECTION…
This post inspired by Janet Guilbault's excellent and informative description of the changing world…
* * * * HARD CORE REAL ESTATE TALK * * * * WHAT'S THE HOT NEWS THIS MORNING? METALS AND MINING…
You've got to read Jim Crawford's post about the latest kick in the groin by Fannie Mae. I have…
WE MUST BE LIVING IN THE TWILIGHT ZONE. WHEN DOES THIS SHOW END??? BANK of AMERICA is sitting on..
Obama recently said he wanted to hear the ideas "out there" for a better stimulus package. Paul…
IF YOU DISAGREE WITH WHAT i WRITE, WRITE A POST TO YOUR BLOG AND STATE YOUR POSITION, OPINION,…
* * * * HARD CORE REAL ESTATE TALK * * * * I KNEW IT, I KNEW IT, I KNEW IT! THE MORTGAGE…
* ALERT * ALERT * ALERT ONE SMALL STEP for the consumer??? "Citigroup became the first major…
SET THE STAGE: Homeowner transferred to new job location across the country. Home listed for sale…
SOMEONE ON CAPITOL HILL IS LISTENING AND THINKING. REPORTED ON INMAN THIS A. M. "Rep. Brad…
THEY ARE CONSUMERS, NOT HOUSING MARKET ANALYSTS. A recent comment that the American consumer had…
AN ARTICLE IN INMAN today describes why lower interest rates won't solve the housing industry mess…
* * * * HARD CORE REAL ESTATE TALK HOUR * * * * 4:30 p. m. Tuesday, December 30, 2008. JUST…
How many of you follow baseball How many of you follow the New York Yankees How many of…
NAR's "Baghdad Bob" Confesses - 12/29/2008 09:22 PM
This is just too good to be missed! Via Matt Heaton (Timu Corp - CEO, ActiveRain - Co…
** FROM THE DESK OF THE CZAR OF COMMON SENSE IN GOVERNMENT ** WHY DID NOT THE GOVERNMENT MANDATE…
* * * * DANGER! HARD CORE REAL ESTATE TALK AHEAD * * * * 2008 - IT WAS WHAT IS WAS! Published…
Mortgage Data: Ambiguity Resolved - 12/26/2008 07:42 AM
The reason behind the inconsistency in the number of mortgage applications that is released to the…
Nevada sits atop another mortgage- and real estate-related list, a placement that no one really…
GEEZ! LENN IS IN FOR A DAY OF SPEECHIFYING AND POSTURING. Now I have to rearrange my schedule for…
HOT OFF THE PRESSES. Government modified mortgages are defaulting. Why am I not surprised?..
FILL UP THE CANS - 12/07/2008 08:26 PM
News Flash… Looks like it is going to be a bumpier ride complicating home values even more. If…
The financial system has taken it to the chin repeatedly over the last few years thanks to multiple…
1 in 10 Mortgages in Trouble - 12/05/2008 12:11 PM
There's an article on MSNBC that details: A record one in 10 American homeowners with a…
* * * * HARD CORE REAL ESTATE TALK * * * * SEE: 11/24/2008 - $326, 000, 000, 000 TO CITYGROUP…
* * * * HARD CORE REAL ESTATE TALK * * * * BRYANT TUTAS ASKED: 'Lenn, I wonder how much it…
* * * * HARD CORE REAL ESTATE TALK * * * * IT PAYS TO BE BIG. IT PAYS EVEN MORE TO BE VERY BIG…
Today, I am going to ask those politically incorrect questions that no one else has dared to ask…
Buyer’s paradise - 11/16/2008 10:40 PM
While blue skies and picturesque lakes certainly drew people to this valley, its postcard…
New Homeowner Bailout Plan - 11/12/2008 09:52 AM
This is great information about the new Agency created by the Housing Bill of August, 2008 - and…
* * * * HARD CORE REAL ESTATE TALK * * * * STATUS REPORT for TARP (Troubled Asset Rescue Plan)…
First off, there are many, many reasons for our current economic state.   Much of which is being…
where did the money go? - 10/31/2008 10:21 AM
We are in a recession. Seems many people lose. Some people must win. But who? Where did the money?…
* * * * HARD CORE REAL ESTATE TALK * * ** IS IT RUMOR OR IS IT FACT? "powerful House Democrats…
* * * * HARD CORE REAL ESTATE TALK * * * * IF THE LAWMAKERS AND REGULATORS IN GOVERNMENT AND ON…
Why do we have a housing crisis? - 10/23/2008 02:13 PM
You think you know why the housing crisis began? Well, you probably know some of the more…
I have just completed another futile attempt in my Port Orange office to help a homeowner that is…
It has gotten really ugly out there in the last 12 months. What happened to common sense?…
Ain't it wonderful to be so big that the government wants to make sure you're confident? The…
* * * * WARNING! HARD CORE REAL ESTATE TALK * * * * I was wrong! I was wrong! I was wrong!..
FED DROPS FED FUNDS RATE BY 1/2 % - 10/08/2008 06:09 AM
B R E A K I N G N E W S. 7:00 a. m. ET. Wednesday, October 8, 2008. Fed drops Fed Funds Rate…
 
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