Real estate blog entries tagged with crisis by Karl Christen Utah Mortgages~Mortgage Planning Expert (Envision Lending Group)

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crisis: And some didn't think Europe would feel any pain.... - 06/18/08 09:46 AM

Reality is that when the worlds #1 consumer spending economy takes it in the chin, the rest of the world is soon to follow. As the United States has delt with one of the most severe deflationary real estate spirals in recent history, Europe and Asia have not witnessed slow downs … (0 comments)

crisis: If you need a stated loan, start worrying!!! - 08/03/07 04:14 PM

I stated in an earlier post that banks will begin tightening their underwriting rules. We'll that time is NOW! Anyone who is in the business needs to understand and understand NOW that stated loans are a thing of the past. If they do offer them they'll be at much higher rates...Stated … (6 comments)

crisis: Mortgage Crisis gripes the nation....is it time to panic? - 08/03/07 12:53 PM

No don't drop jump out of your office window!!!
Another bank closes it's doors today. American Home Lending, one of the larger players in the wholesale market notified their employees yesterday that they'd be closing their doors Friday August 3rd at 3 PM EST. Abconduit is one of their affiliates, and it's … (5 comments)

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