mortgage crisis: What do the economic tea leaves predict now???? - 12/21/07 12:14 PM
So the market is up 170 points today.  The Fed has promised to do what ever it takes to keep credit markets in play....see report , and consumer spending is through the roof....see report  .  Hasn't anyone heard that we're in the worst real estate market in over 16 years and … (3 comments)

mortgage crisis: Sweeping changes to lending laws proposed by Fed - 12/18/07 11:56 AM
Finally someone is doing something about the mortgage crisis.  The question is if the Federal Reserve is acting to late?  What they are proposing has been discussed for some time.  Here is the Bloomberg article in its entirety. 
What does this mean for borrowers, well it's great for anyone with a sub-prime … (1 comments)

mortgage crisis: Does America really get it when it comes to debt? - 12/12/07 10:41 PM
Recently there has been allot of bad news in the mortgage industry.  We're having ever increasing foreclosure rates, mortgage default as at record levels, and everyone is now pointing their finger at everyone or anything they perceive as responsible.
The problem is most American's do not point back at themselves!  I'm currently … (4 comments)

mortgage crisis: Perhaps this is why we have so many problems in the mortgage industry!! - 11/14/07 02:48 PM
This may not be the most popular analysis of the mortgage industry, but this post I found in a forum maybe on reason for some of the problems in our industry...
Back to school for a degree in health-care and NEVER EVER looking back at a Mortgage Industry job again!!! I just … (3 comments)

mortgage crisis: Mortgage witch hunt? The media is not your friend!! - 11/14/07 11:37 AM
Well the witch hunt has begun in Utah.  The media has jumped aboard the mortgage broker snipe hunt.  KSL TV, which is the highest rated media outlet in the Utah market just came out with a story that perhaps is correct in some accounts, but also irresponsible in other respects.
Here is … (7 comments)

mortgage crisis: Greenspan....maybe he should just retire - 09/17/07 11:13 AM
I've always respected Alan Greenspan.  But his recent comments regarding the "Housing Bubble" make me question if he was only politically grandstanding at the time, or is he grandstanding now.  
Let's go back to June 10th of 2005.  At the time Greenspan made the infamous speech about the housing market being comparable … (8 comments)

mortgage crisis: I love the fact that I'm a mortgage broker!! - 08/22/07 06:48 PM
Headlines are screaming that the current mortgage crisis may end up in 100,000 mortgage related layoffs!  They are already comparing it to the airline industry after 9/11.  Perhaps there will be fewer mortgage jobs in the new market place, but those who can stay afloat will be the big winners of … (6 comments)

mortgage crisis: Quick, where's my "The Secret" DVD??? - 08/16/07 06:06 PM
I was walking through the office today and I noticed allot of glum faces.  Yes, I work in the mortgage industry and most of us can say we've had a collectively BAD month!!  I'm normally not a doom and gloom kind of guy, but my partner and a mutual friend just … (1 comments)

 
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Karl Christen Utah Mortgages~Mortgage Planning Expert
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