ARCHIVED BLOG POSTS
2011
“Is There Anyone That Doesn’t Want to Lower Their Grocery Bill” The Kiplinger articles gives some great pointer. Let me know what you think? Lower Your Grocery CostsA trusted app now has mobile grocery coupons, and a new site helps you save money by providing recipes that use ingredients you alre...
09/24/2011
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“Why Did it take HUD so Long?” Lenders across the country are facing an underwriting deficiencies issue, which are blamed for mortgage loan defaults. The article talks about the NY State default rate is 3.57% of all FHA loans written. This firm’s default rate is 8.8%. Do you think there is some...
09/24/2011
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“It Takes a Village to Pull This Off” For those in the mortgage business that participated with these mortgage fraud schemes, have done so much to harm my industry, that I have worked so hard to protect for so many years. To say the least, it really pisses me off. I have no sympathy for those...
09/23/2011
“What Would You Do, If You Owned These Mortgages” If you purchased 2 trillion dollars of so called PROBLEMATIC loans, that all had an interest rate of 6%, all of which are paying or maybe a small percentage are not always on time. For the loans that are paying on time and as agreed, would you b...
09/23/2011
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“Home Buying Opportunity Cycle” I continue to do preapprovals for clients that have been involved with a foreclosure or bankruptcy over the past few years. Many individuals in this country have had financial challenges of the past few years. They have adapted to these situations and moved on in...
09/22/2011
“Lowest Rates in My Life Time” “Time to Refinance!” I would not have believed they would hit these low levels. This will give you an idea of how many dollars you can save. This is last week’s refinance activity. The 7 refinance applications, that were amortized for 30 years, saved an average of $...
09/22/2011
“Fannie Mae Gives out Awards for Customer Service?” I’m sorry, but this article made me laugh. Even as I am writing these comments I’m laughing. The award is customer service related. I would bet, that if you asked a 100 people that may have had challenges with their mortgage, that contacted th...
09/21/2011
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“Branding a Name” In the late 90’s I was reading letters that I had gotten from clients over the years. As I read these letter, it became clear, there as a common theme “Thank You for Getting US on the Right Track” “Thank You for Getting US on the Right Track”. Within a month we did a name change...
09/21/2011
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“Spinning Foreclosure Information” Foreclosures are down, way down from the previous couple of years. Yes, there will still be foreclosures for some time to come. If we use the statistics is this article 1 in 570 homes are in some sort of foreclosure. I am not sure what some sort of foreclosure...
09/20/2011
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“The Senate and Congress Doesn’t Get IT’ You would think that all folks that hold political office today want to do everything humanly possible to move our economy out of a recession, do whatever they could to improve anything housing related. These guys are kidding themselves when they say, ...
09/20/2011
