bay area: Deal or No Deal? Part Two - 11/27/07 09:58 AM
Yesterday I detailed how subprime loans are chopped, diced and sold into various segments to investors. I think it was pretty clear but just in case here's a refresher course (YT Video) from CNBC: LINK The important take away is that the company that you think might own the mortgage is in … (7 comments)
bay area: Citigroup "Global Community Day" - 11/21/07 11:21 AM
Saturday, November 17th: Over 58,000 volunteers participated in over 1,000 projects in more than 450 cities across 100 countries. Really? That's the line from the Citi issues press release. Does that mean it really happened? I can't say. Is this just another large company pumping out pseudo propaganda in an effort … (6 comments)
bay area: Y.V.H.S. E-Waste Recycling Success! - 10/15/07 08:44 AM
It's Blog Action Day and it came at just the right time. This weekend we helped with the Ygnacio Valley High School Electronic Waste / Recycle Event and I am happy to report it was a success! I saw many of my local real estate agents. In case you missed it - … (5 comments)
bay area: Free Electronics Recycling - 10/12/07 09:23 AM
Monday is BLOG Action Day. Colleen wrote about it here It comes one day too late for me. TODAY is my Blog Action Day! E-Waste - It's all those things you can't just toss in the garbage. It's computers, it's cell phones, it's printers, scanners, even you mouse! Here's your chance … (6 comments)
bay area: Redfin Sweet Digs, The Chron, Bankrate and me - 08/15/07 02:36 PM
I do a lot of daily reading. Yesterday I was reading the Redfin Blog. In it they referenced an article that appeared in the San Francisco Chronicle last Thursday. Mortgage crunch hits Bay Area hard because of jumbo loans The article covered most of the basics, got most of the … (3 comments)
bay area: Neg Am Disclosures - a little too late? - 06/20/07 03:11 PM
I read an article the other day and was struck by the following quote. "The Federal Reserve Board is considering potential revisions to Reg Z, including: (a) simplifying and clarifying Regulation Z's adjustable rate mortgage disclosures, to make them easier for consumers to understand and use; (b) requiring a "worst-case" payment … (3 comments)
bay area: The Foreclosure Crunch - 05/07/07 10:14 AM
This is part Three in a Four part series of articles detailing the changing mortgage market.The Foreclosure CrunchThe Foreclosure Crunch is closely related to the LTV Crunch.In fact, both crunches fuel on each other.I would suggest you first read the LTV Crunch before you dive into this easy concept.Now where to … (2 comments)
bay area: The Credit Crunch - 05/01/07 03:50 PM
You may hear from time to time about the Transparency of Real Estate.There are people and companies marketing this term daily.It refers to the general idea of the borrower or clients ability to see and know what is happening "behind the scenes".I'm all for that!In the broader sense, I like … (3 comments)
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Yesterday I detailed how subprime loans are chopped, diced and sold into various segments to investors. I think it was pretty clear but just in case here's a refresher course (YT Video) from CNBC: LINK 
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