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bail out: Citi...Letter received from rep - 10/07/08 01:30 PM
Good morning.I have some rather sad news to share today. There is no more accurate was to say it.Later this afternoon you should be receiving some formal communication from CitiMortgage of their intent to dramatically change their way of doing business. This change will eliminate my position and all of the other account executive for the CitiMortgage Wholesale (broker) channel. Citi will be taking the 9,500 brokers it does business with today and reducing that number to the neighborhood of 1,000. They will then support those customers with an inside sales team going forward. I received this news minutes ago and … (3 comments)

bail out: Hope for Home Owners...New way to bail out poeple who should not be bailed out! - 09/30/08 03:36 PM
HOPE FOR HOMEOWNERS1) Purpose- The purpose of the HOPE for Homeowners Program is--a) to create an FHA program, participation in which is voluntary on the part of homeowners and existing loan holders to insure refinanced loans for distressed borrowers to support long-term, sustainable homeownership;b) to allow homeowners to avoid foreclosure by reducing the principle balance outstanding, and interest rate charged, on their mortgages;c) to help stabilize and provide confidence in mortgage markets by bringing transparency to the value of assets based on mortgage assets;d) to target mortgage assistance under this section to homeowners for their principalresidence;` 2) Requirements of Insured Mortgages- … (4 comments)

bail out: A better solution than the bailout... - 09/30/08 03:23 PM
Hi Folks, I'm against the $85,000,000,000.00 bailout of AIG. Instead, I'm in favor of giving $85,000,000,000 to America in a WeDeserve It Dividend.To make the math simple, let's assume there are 200,000,000bonafide U.S. Citizens 18+.Our population is about 301,000,000 +/- counting every man,woman and child. So 200,000,000 might be a fair stab at adults 18 andup.. So divide 200 million adults 18+ into $85 billion that equals$425,000.00.My plan is to give $425,000 to every person 18+ as a WeDeserve It Dividend.Of course, it would NOT be tax free. So let's assume a taxrate of 30%.Every individual 18+ has to pay $127,500.00 … (1 comments)

bail out: Spell Checked Version - Sorry forgot to do it... - 09/30/08 12:24 PM
I believe that getting front of the financial crisis will only drag the Federal Government further into the red.  Historically the government is a reactive measure to combat private sector issues when the free market was unable to solve the problem.  I fear that this time we are only stepping out in front of a speeding train that is eventually going to wreck.  Accept this time the Federal Government is a passenger instead of a on looker of the financial tragedy.  The plan can stop the inevitable so just let it happen rather than delay it until the winter or early … (0 comments)

bail out: Bailout why act now? - 09/30/08 12:11 PM
I believe that getting front of the financial crisis will only drag the Federal Government further into the red.  Historically the givernemnt is a reactive measure to combat private sector issues when the free market was unable to solve the problem.  I fear that this time we are only stepping out in front of a speeding train that is eventually going to wreck.  Accept this time the Federal Governemnt is a passanger instead of a on looker of the finacial tradgy.  The plan can stop the enevatible so just let it happen rather than dely it until the winter or early … (4 comments)

bail out: Just so everybody knows no longer GSE's... - 09/09/08 01:09 PM
The proper name is GOE...This will be the new acronym for the two with them now being Governemnt Owned Entities...
… (0 comments)

 

Nathan Goodman

Bozeman, MT

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Guild Mortgage Company

Address: 1925 N. 22nd Ave. Ste. 103, Bozeman, MT, 59715

Office Phone: (406) 522-8800

Cell Phone: (406) 580-0149

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