The Death of the Subprime Market and the Resurgence of the FHA Loan - 11/28/07 02:44 PM
The agonizing death of the subprime market this past July/August has seen the demise of many big and small lenders. The Bank of America bailout of the nation's largest lender, Countrywide (CFC), by virtue of a 15% equity interest acquisition has allowed this wounded giant to continue. The financial markets would be further destabilized if Countrywide were allowed to go under. I do not believe that Bank of America, that other financial giant, will allow this to happen for a couple of reasons. First, Bank of America now has a direct financial stake in the health, either on its own, or more likely through … (8 comments)

Financial Service Committee Approves Comprehensive Mortgage Reform and Anti-Predatory Lending Legislation - 11/16/07 12:45 PM
This legislation passed the House floor last night. Here is the link to HR 3815 http://www.house.gov/apps/list/press/financialsvcs_dem/press110607.shtml
It will have a dramatic effect on many aspects of our industry. Most in this industry only want to do what is best for our clients. I personally value the relationships I have built (and will continue to build). It is unthinkable to me that in a heavily referral driven industry any professional could knowingly jeopardize a mutually beneficial relationship.
I do understand the intent of this legislation is to ultimately reduce the foreclosure rate by ensuring borrowers receive the best possible deal for which they … (6 comments)

Renewable Portfolio Standard Gives Tax Credits for Alternative Energy Development - 11/15/07 11:32 AM
On another AR group that I belong to http://activerain.com/groups/GREEN I came across an interesting Blog that I couldn't not let pass without some comment. We are all concerned with rising fuel prices and the need to explore, develop and promote renewable energy sources.
I feel it is very important to see what our politicians are doing to express their understanding of our wishes as voting Americans.It seems they don't think very much of our wishes as long as they get elected. Am I suprised? Not really. Am I cynical? I try not to be but sometimes it is so difficult to not fall into that … (10 comments)

Midnight, Nov 12th...FREE AGENTS - 11/13/07 12:38 PM
As of midnight last night free agency for baseball began. Jorge Posada signed to a 4 year $52 million deal just ahead of the deadline...that was a close one!!! Still no word on A-Rod. Andy Pettitte has already declined the $16 million dollar option with the Yankees...wait, where did Clemens go??? Mariano Rivera...will he stay a Yankee??? Luis Vizcaino ???  That is a lot of Yankees players up in the air. Now for the players who enjoy the game a little more than the papparazzi...Andruw Jones...Braves have already told him they won't resign this 9 time gold glove winner http://sports.espn.go.com/mlb/news/story?id=3046705 (cut … (11 comments)

After the Squirrel vs. Cat fiasco! - 11/09/07 11:42 AM
Wow...all that stress to get those delicious nuts away from that pesky cat! After an afternoon of hard work our squirrel friend retired to his secret hideaway to some much needed relaxation and stress relief. Thoughts of sneaky kitty melted away from our squirrel friend's mind as his buddy helped him to relax. Thoughts of nuts running through his mind. Wait! What's this??? NOOOOOOO!!! And kitty purred! 'Comon now! That isn't even a cat!


About the Author
If you are in the market to purchase a home or even refinance an existing loan and you want a loan officer … (6 comments)

Eden Winery, Alva, Florida - 11/08/07 02:46 PM
I recently relocated to Atlanta from south Florida where I had lived for several years. Interestingly enough, a few miles from my home outside Ft. Myers there was a local winery. I visited this winery on a couple of occassion and purchasing a couple of cases mostly to share with out of town visitors or to have for a day at the beach or by the pool. It might sound odd that a chilled white or blush wine would be the drink of choice for a hot afternoon at the beach, or by the pool but not so. The grapes that … (11 comments)

Squirrel vs. Cat...Those are my NUTS! - 11/06/07 02:13 PM
This post is in response to Mike Norvell Senior's post Acorn Attack! on You've Got To Be Kidding! If you have not seen his blog you should check it out; it is too funny! I know my little dogs have had a couple of run-ins with the furry tailed rodents! Squirrels are definitely determined and bold creatures when it comes to getting what they want. I present exhibit A: Funny Videos, Pictures and Stuff - Diehard Squirrel


About the Author
If you are in the market to purchase a home or even refinance an existing loan and you want … (18 comments)

Will Glavine be a Brave again? - 11/06/07 10:30 AM
With the issues the Braves had surrounding pitching during the 2007 season it looms large that a proven starter could once again rejoin the Atlanta Braves. Glavine did file for free agency and though he has dismissed it as "procedural" it is hopefully indicative that he is seriously considering returning home to Atlanta. Glavine has said that he will only consider playing for the Mets or the Braves. I think he would make an excellent addition to the Braves lineup. Smoltz and Glavine together agian! Throw (very gently) a healthy Hampton in there, along with Hudson, James and Reyes and Atlanta would have … (26 comments)