|
| |
philadelphia: Changing industry: Mortgage Firm Restructuring - 09/06/07 02:41 PM
An exact reversal of action is taking place now in this post-boom housing market. Large companies began acquiring many mortgage lenders and increasing employees when times had been good. And why not? Times were good and the mortgage industry was brining in lots of money. But times have changed now. What began as employee expansion and a bright future for mortgage companies 2-3 years ago has now reversed. Firms are now selling off (if possible) or closing subprime divisions and laying off employees. In an article entitled “Wall St. losing subprime lenders” in the Philadelphia Inquirer, 1,200 people lost their jobs … (0 comments)
|
philadelphia: Philadelphia market conditions encourage rent-to-own - 08/14/07 05:51 PM
As homes in the Philadelphia area are staying on the market longer, many sellers are turning to rent-to-own agreements. An article in the Philadelphia Inquirer titled Market forces change, by Joanne Cleaver, takes a look at a couple who spent $100,000 in remodeling their home, only to be forced to mark-down their asking price from $475,000 to $439,000. Now they are forced to look at rent-to-own agreements because they’d rather do that then lower their price further. Their reasoning? "It's like the stock market: You don't sell at the bottom," says the seller.
The question therefore begs, what are rent-to-own … (19 comments)
|
philadelphia: Who is this guy? - 08/09/07 12:54 PM
As an up and coming mortgage planner who will be relocating to the Villanova/Philadelphia area in late August, I felt that I should introduce myself to the blogging world. This realm of networking has been exposed to me through one of the greatest bloggers around, the one and only Brian Brady. I know that his expertise in this online world will be of great use. I only hope that I can absorb as much of his knowledge as humanly possible.
Now a little about myself...I am working toward finishing my Finance and Economics double major at Villanova … (3 comments)
|
|
|
|
|
|
Joe Brady
Villanova,
PA
More about me…
Joe Brady - World Wide Credit Corporation
Address: 9089 Clairemont Mesa Blvd. #200, San Diego, CA, 92123
Office Phone: (858) 503-2319
Cell Phone: (619) 985-5637
Email Me
 Links
Archives
|
|
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
© 2012 ActiveRain Corp. All Rights Reserved
;)
;)