When the creators of exotic loans from wall street made a load of money turning the loan applicant with a 580 credit score profile into the "SIV" or sophisticated investment vehicle rated AAA then only to turn the "spicket" off creating the economic calamity we face today we now know what Chris D
...
06/17/2008
In the difficult market the seller is facing the down payment assistance program may be an acceptable option vs. the price reduction. Since it is inevitable the seller may be paying some costs after negotiation the Nehemiah Program should be considered. If it is the Nehemiah Down Payment Assistan
...
05/27/2008
My wife and I were born here in the Great Pacific Northwest and in our opinion one of the most dynamic places to live play and work in the world. My wife and I like road trips and a few years back we did our thing in Arizona and what we took from that is we want to go back!I have been originating
...
04/11/2008
Mortgage Fraud has been around in various forms for years and although it seems fashionable to point fingers at the point of origination and the lender it is important to note the buyer signed on the dotted line and it is the borrower who makes the representation. BUYERS BEWARE! My first exposure
...
03/16/2008
It is official. DC finally picked "the number" that will "save the world" here in the pacific northwest however when you thought it would give the lower tiered jumbo loans a pricing break because of it well think again!In the past anything over the conforming $417,000 limit kicked in the higher j
...
03/06/2008
As Obama and Clinton duke it out for the nomination Andrew Cuomo the ultimate self-promoter is working toward his turn in 2012 or 2016. Jumping on the political opportunity bandwagon he is searching out to find someone to blame over the "credit crisis" as it is called.First the public lynchers we
...
03/05/2008
Music was fun to listen to before it became BIG business. I use to vote for politicians that represented me because they were civic minded and things needed fixing (D) or (R) but they turned their civic duty into a career with full "bennies".The record labels got what they asked for and that was
...
02/09/2008
Yes, that's right someone stole money from the Crime Victims Fund....How rich is that?On behalf of the citizens of Washington I wish to congratulate our Governor for a job well done. As I sit in traffic wondering why they can't add a lane or two, a bus or two a train or two it is good to know the
...
02/04/2008
With all the temptations of lower credit card offers many people surf around and pay off and close their account for the better short-term rate. They closed an account with a longtime credit history in good standing and what happens..... The credit score goes down! DON'T DO THAT.You eliminated a
...
01/29/2008
As of January 2007 private mortgage insurance or PMI became tax deductable. Recent legislation has now extended this out to 2014. In the past we would restructure your loan with the first mortgage at 80% of the sale price then adding a second covering all or most of your down payment. Much has ch
...
01/27/2008
