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credit crisis: How Do You Spell Relief? R - E - F - I - 03/12/09 12:32 PM
Tuesday I attend a presentation by representatives of Federal Home Loan Mortgage Corporation (Freddie) in which they discussed their new Relief Refi program. This is program is a big step in the right direction that will help the many families that are living responsibly within their means and making their mortgage payments.

I've posted here before lamenting the fact that many mortgage borrowers are prevented from taking advantage of the current low interest rates because they no longer qualify for the same loan someone made them two or three years ago. In the brave new world of tightened loan underwriting guidelines … (5 comments)

credit crisis: The Crisis of Credit Video Explanation - 02/24/09 06:07 PM
The mortgage mess is difficult to explain. There are lots of axes to grind. Many seeking to place blame. Many looking to absolve themselves of blame. No wonder it's hard to really understand what actually happened. The embed video here is the work of Jonathan Jarvis. Jonathan is a graduate student, not in finance, but in Media Design. He attends the Art Center College of Design in Pasadena, California.
It's most interesting to me that this video, the best explanation of market cause and effect that I've seen, is not the product of one of the many talking heads on CNN … (5 comments)

 

John Bethell

Bloomington, IN

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John Bethell Title Company, Inc.

Address: 329 South Walnut Street, Bloomington, IN, 47401

Office Phone: (812) 339-8434

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