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How the Mortgage Industry Screwed it Up - 08/12/08 12:39 PM
You like that title, huh? Well, its true... we became our own worst enemy!
I am not talking about the mortgage meltdown.. that was more a combination of greedy execs, Wallstreet investors, a soaring and inflated housing market and a government that continues to ignore growing problems until everything falls apart.
No, I am talking about the dreaded "rate shopper."
You can't blame the potential borrower. They are simply playing the game that the mortgage industry created. They go from lender to lender asking for their "best rate" as if it is some hidden national treasure they must uncover. Items such … (30 comments)
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Home loans in Alaska - 08/12/08 12:07 PM
Recently I was looking around and ran across Alaska... got me to thinking... how is the Alaska Home Loan market these days?
With the new Alaska FHA mortgage loan limits upwards of $300,000 plus, is this helping the Alaska FHA mortgage market?
You don't hear anything in the national news or media about Alaska mortgage or real estate. Just curious more than anything.. how are Alaska home loans doing in today's market?
If you are from Alaska, please comment. Let us know how the market is in your area! Let's bring a little light on such a great place!
Ed … (1 comments)
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The articles, reviews and stories written and published on this website are simply the opinions of Ed Nailor. While Ed Nailor has professional experience as a mortgage loan officer, the information posted on this website should not be taken as personal counsel or an endorsement of anything. For mortgage related counsel or advice to be meaningful and effective, one must sit down one on one with a professional to discuss the particulars of their situation. Ed Nailor can not be held liable for any decisions you make as a result of what you might read or infer on this website. Proud supporter of the Right to Free Speech.
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