mortgage: Grab a life jacket and have a seat! - 04/03/08 06:57 PM
 
 (Along the Rock River-SHS photo)
...it seems like lately,
everything is pushing the limits.
Mortgages, housing inventories, foreclosures-
Unavailable, too tight, too high or just too many to run away from.
When the river comes up, you never know what it is going to bring with it.
One thing it does bring is rich silt.
New ground to … (4 comments)

mortgage: PennyMac from heaven? - 03/30/08 10:58 PM
 
It's called the Private National Acceptance Company LLC.
PennyMac.
It's made up of former executives from Countrywide.
The idea is to buy up at-risk mortgages and home loans to help owners keep their homes.
It might just work.
At what cost-that remains to be seen.
This report on Marketplace radio news offers a pretty good overview.
It … (14 comments)

mortgage: Jack-or jackette-be nimble...and be quick.... - 02/19/08 09:19 PM
 
 (Image from http://www.alphabet-soup.net )
w0w.
I have been saying that a lot lately.
...have you?
Everything is giving me a w0w.
-and no one wants that to become
an
ow!
How many of us know someone
or a whole bunch of folks
who might think they are nimble, but have a lot of questions?
"...blogging?...where do you find the time?"
"...how many … (8 comments)

mortgage: Mortgage walkers: JUST a penny for your thoughts? - 02/11/08 11:28 AM
 
 (Sign from mdforeclosurelaw.com)
 ....Monday all over the world!
and so are the foreclosures.
What can you do?
This began a long time ago.
There was a lot of really flexible money laying around.
And it was pretty much there for the taking-by mortgage brokers, buyers and sellers.
(...there may have been some greed involved in there somewhere, too...)
But this … (4 comments)

mortgage: Ow Ow Ow... - 01/28/08 10:21 PM
 
(http://www.owiecream.com/)
 ...well, let's face it:
-the economy might be past the point of having Mommy kiss it and make it all better.
But people still move everyday.
They have to sell their homes every day.
They gotta buy another home somewhere else every day.
The banks are flooded with funds and the interest rates are so low-
you … (11 comments)

 
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