Foreclosures and Sub-Prime lending - 04/25/07 01:54 AM
I've written in the past here and elsewhere that one potential answer to a large foreclosure issue is decreasing the availability of sub-prime loans by making borrowers qualify at a higher rate than the teaser. One way to do that?  Inman news reported that another sub-prime based lender closed up shop - http://www.inman.com/hstory.aspx?ID=62950 - and that is one sure fire way to stop the sub-prime lending, close down the lenders!
Let me be perfectly clear; I am not for closing down businesses and laying off over 300 workers in the process. I think sub-prime loans offer a chance for some people to own property … (0 comments)

Consumer's Bill of Rights draws ire:praise......depending on who you ask - 04/03/07 03:40 PM
Just reading through the comments on the Redfin blog I notice that you just can't be on the fence on some issues. Seems that if you have an opinion about real estate agency issues, you have a strong opinion one way or the other.
I was informed of Redfin's bill of rights through a eNewsletter and thought I'd take a look. It's on the blog at Redfin if you are interested. I was less interested in the 10 point list than I was in the comments that followed.
 EconE wrote
"The Industry is writing it's own bill of rights?
for the consumer?
Fox guarding the … (1 comments)

 
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J. Markinson

Atlantic City, NJ

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