mortgages: Repost: How can we make sure this never happens again? - 11/17/08 05:29 PM
One thing I have picked up on the Zillow discussion boards is that there is a huge amount of resentment towards consumers who bought into the frenzied 'must act now! prices are skyrocketing, don't get left behind!' marketing ploys. Some of that anger is not misplaced- after all, without the all-too-willing (4 comments)
mortgages: Mortgage Rates Today - 05/29/08 05:26 PM
Wow... Lots of ups and downs over the last week or two... and unfortunately, most were 'ups'. Rates have gone up about .375% from two weeks ago! Why? Well one reason is the bond yields- I know more people keep talking about Mortgage Backed Securities- I get it... But you can't (3 comments)
mortgages: The Countrywide debacle - 05/05/08 11:11 AM
So what's the latest on the Bank of America buyout of debt-addled Countrywide? Well, it seems that signs are pointing to an 'oops, we made a mistake... no deal' coming out of BofA in the next few days. Bank of America was never particularly strong in the mortgage lending arena, and (3 comments)
mortgages: Zillow argument - 04/26/08 09:02 AM
I've been on Zillow Mortgage Marketplace since the day it went live (I think, must have been damn close).For the most part, I really can't complain about the system. I've gotten a few good leads, a definite closing, and hopefully a few more clients. I've also been active on the discussion (17 comments)
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