changing guidelines: Home Loans Are Very Affordable Today - Why 417,000 Is A Magic Number - 09/07/07 02:11 AM
With all of the negative news, its very hard for our clients to not get caught up in the negativity. Tons of foreclosures, banks going out of business, too much inventory, dramatic warnings of double-digit depreciation. "I am going to wait until things settle down" is commonly heard. You may want to reconsider. Today, … (9 comments)
changing guidelines: The Countrywide Mortgage Credit Crunch and What It Really Means To You - 08/16/07 11:00 AM
Countrywide announced today that they had to borrow $11.5 billion from a group of 40 banks to fund loans. This clearly shows us just how deep the lending crisis has become and shows you clearly why the smaller companies are closing. They don't have access to this kind of capital. But what does this … (20 comments)
changing guidelines: “What in the Heck is Going on With Lending and How Do We Adjust Our Business?” - 08/06/07 11:31 AM
Last week, a real estate broker I have tremendous respect for, sent me an email that said, "What in the heck is going on with the lending business and how do we adjust our business?" He asked me to come speak with the agents in his office about it tomorrow. Here … (12 comments)
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With all of the negative news, its very hard for our clients to not get caught up in the negativity. Tons of foreclosures, banks going out of business, too much inventory, dramatic warnings of double-digit depreciation.
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