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Blog entries tagged with "bush":
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ZipRealty (NASDAQ: ZIPR) (www.ziprealty.com), the largest online-based, full-service real estate brokerage in the U.S., announced today that it has rebated over $100 million to home buyers since the company was launched in 1999. 
A recent Zogby poll suggests that Americans' mood has improved slightly in recent months. A look at the results shows that we've gone from feeling terrible to slightly less terrible about politicians, the economy and the security of our jobs. President Bush's approval is up from 26 to 27%, and Congress … (10 comments)
Hi,I last posted about a plan Bush was working on, that would rescue thousands of homeowners facing foreclosure by helping them refinance into more affordable loans. Supposedly the Federal Housing Administration would encourage lenders to forgive a portion of these loans and issue new, smaller loans in exchange for the backing of the … (5 comments)
Bush Vetoes Changes to FHA Guidelines, April 1 2008Despite the potential relief for thousands of home owners, President Bush announced yesterday that they will not make changes to the current FHA guidelines. He sited many reasons including an "over correction" of the Housing Market that will create another build and bust … (9 comments)
… (1 comments)
Lending
Limits Increased...We are all saved...NOT
Here is a re-print of what the Government sold us regarding
lending limits and loan programs that they thought would “Save” us
all and help the economy:
Stimulus Package:
Lawmakers raise lending limits
Do you qualify for a better rate?
The Economic Stimulus … (1 comments)
I usually write about real estate. But every so often I like to throw in something completely different. So now for something different
Musing in the creative reaches of a twisted mind (mine), there seem to be some similarities between today and the 70's:
**Click Here to See the Original Post on WealthWithMortgage.com!** First off, sorry for the short 'vacation'. I've been out and sick with the flu for the past week, still recovering as we speak.Back to tax rebates - as you've probably heard, many American's will be getting a check in the coming months. … (0 comments)
have you heard about GW's address at the White House for black history month? twice this guy has to address America on the lynching issue. first in texas with Byrd and now the Jenna, LA hangman's noose schoolyard displays. maybe if he'd a got it right in TX he wouldn't have … (1 comments)
Below is one banks email to mortgage lenders on the Economic Stimulus plan. What is important to note is that this is going to take time to implement. FHA, Fannie Mae, and Freddie Mac have to write guidelines for these new rules. Next the banks have to determine the impact these … (4 comments)
Watch out! Things could get real weird with this action from President Hugo Chavez!!!
Good News ! 
Despite what Washington or the media says, all signs point to the fact that we are in a recession. The 2008 Presidential candidates claim we're in economic trouble. Recent bold moves by the President, the Congress and the Federal Reserve are aimed at halting further economic decline.
If you are a homeowner trying to sell - and your property is over 500k in value - you were probably hurt by the fact that after the lending crisis started - rates for jumbo loans were jacked by 1-2 percent or more over existing conforming loans under 417k.That meant that … (1 comments)
There is mounting pressure for increased limits from a number of groups for California. We will see if this will finally carry the day, or California becomes a permanent high cost state, like Hawaii and Alaska. 
President Bush recently signed legislation to freeze the introductory 2 year "teaser rate" on all subprime loans for an additional 5 years. The rate freeze will apply to loans taken out between January 1, 2005, and July 30, 2007, and scheduled to rise in 2008 and 2009. This is designed so … (0 comments)
I just read a great post, by Melissa Olson ~ HOPE Lending LLC in Bellevue, WA. It was about this mortgage bailout program put into motion by President %@#*. Read It What are you doing to educate your clients about this? … (2 comments)
Subject: BUSH'S RESIGNATION SPEECH If Bush resigned today, this is what his speech would be..... Normally, I start these things out by saying 'My Fellow Americans.' Not doing it this time. If the polls are any indication, I don't know who more than half of you are anymore. I do … (0 comments)
December 14, 2007 Last week, the Bush Administration, mortgage lenders, and investors together agreed on a plan to freeze certain subprime rates for 5 years. The negotiations, between Treasury Secretary Henry Paulson, and mortgage industry executives, came in the face of 2 million looming mortgage adjustments. The plan, proponents say, … (0 comments)
Moot. It's not a word used all that much, but it now gets its day in the sun. "Moot," is the most succinct way to describe the recent plan proposed by President Bush to bailout homeowners trapped in subprime mortgages. Actually, it's the mootest, or most moot, plan of inaction ever. … (0 comments)
Much has been written about the President's rate freeze plan, and I am not an economist, nor a mortgage pro, but I do find history interesting. We all forget the lessons of the past, in the heat of the moment. The current proposal is imperfect, yes, and it is a government intrusion, true. If that's news to … (2 comments)
~Breaking News~Bush Administration Puts a Freeze on Subprime ARMS
Since Thursday's announcement of the government's mortgage bailout plan I have received numerous phone calls from distressed home owners asking if this plan will allow them to keep their homes and avoid foreclosure. The short answer to that question is "maybe", but for the majority of homeowners considering a Short Sale … (2 comments)
This afternoon President Bush made his announcement on The Hope Now Incentive. The Hope Now website is up and running. http://www.hopenow.com/ . This is a voluntary program for homeowners with adjustable rate mortgages taken out between 2005 and July 30th this year. Homeowners must be current to qualify for the five … (10 comments)
Homeowner's all around the nation today should have hope from the foreclosure relief plan that President Bush released. Since the foreclosure rate has risen to all time highs this much needed relief to many homeowners that carry subprime Adjustable Rate Mortgages. Bush said that 1.2 million people could be eligible for assistance. … (2 comments)
Homeowner's all around the nation today should have hope from the foreclosure relief plan that President Bush released. Since the foreclosure rate has risen to all time highs this much needed relief to many homeowners that carry subprime Adjustable Rate Mortgages. Bush said that 1.2 million people could be eligible for assistance. … (1 comments)
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Bush Bailout Plan? - Mission Viejo by John Alesi, Mission Viejo REALTOR® Mission Viejo CA Real Estate As reported on the Reuters website today, Prez Bush may be unveiling a plan to bring mortgage relief to so of the 2 million homeowners that are facing steeply increasing interest rates on … (0 comments)
Andrew Gambini atlanta Mortgage
The prize could of not gone to a more deserving and devoted agent. Miles is a FULLTIME agent with more than 12 years under his belt. He makes real-estate a family affair since it runs in his blood .His Father George Bush was the president and … (1 comments)
It is nice to see that the President is recognizing some of the challenges our economy is now facing with the lending/housing market. As we continue to see the lending industry tighten up we will need to have ways to have creative real estate work. We have developed a rent to … (0 comments)
As congress returns to work (minus one of our formerly esteemed Idaho senators), NAR will be working diligently to do what it does best...protect Realtors! It's something they take seriously and for which all Realtors should be deeply appreciative (of course, your dues help support their active lobbying).
Is assume still a dirty word? Anyone finding assumable mortgages? Owner financing is not so hard to find anymore. Why is Bush talking about bailing out people who are behind in their mortgage payments. How about those of us that work 80 hours a week to come up with the extra … (0 comments)
The Mortgage Association today released a report showing that 30% of California Homes in Foreclosures are non-owner occupied homes purchased by "investors." Numbers are even higher in Florida, Nevada and Arizona.Investors who were gambling on the increasing home values have simply walked away from the loans. This statistic demonstrates the value … (4 comments)
If you were in the real estate business in 1987, or for that matter alive in that year, you will undoubtedly remember "Black Monday" as the day the DJIA lost a major percentage of value and threw the US into a lengthy recession. The week before that day the Dow had … (22 comments)
I just finished a posting by Doug Beaver http://activerain.com/blogsview/127866/Jay-Leno-on-Whiners which is a Jay Leno editorial. Thank you Doug. It gives me the opportunity to push back on Jay and others like him. Jay quotes a Newsweek poll that states 2/3rds of the American people are unhappy with the direction of the country and … (9 comments)
Even though this has nothing to do with real estate, I wanted to post this as a matter of national pride. The very first U.S president ever, visited Albania yesterday for a few hours and received a hero's welcome in a country that has sought democracy passionately after having spent … (1 comments)
The Secret is Out! Why the consumers feel victim to the sub-prime lending scandal. ( It is a scandal isn't it?-I do not want to cause trouble here with my choice of words)
From what I read in the paper, there is a big shift going on in Congress due to this recent election, namely the power shift from Republican to Democrat. Since I'm a headline reader and not a big believer in all things written by reporters I'm concerned that this shift could … (3 comments)
So, Bush and Kerry are at it again. After John Kerry fired a bunch of one liners the entire GOP is up in arms and ready to tar and feather the Senator. Can't anyone take a joke anymore? What ever happened to free speech? I can hardly wait to see … (4 comments)
would like to start your day or end it with some humor? I am blessed with a sister who is so deligent about sending me at least 3 jokes a day first thing in the morning! they do put me in better mood! here is one I hope you can enjoy … (3 comments)
Last night, Katie Couric hosted a show on Terrorism. The question was "Are We Safer?" The prevailing theme (at least what I got out of it) is that we are not safer! The government (according to Bush) wants us to feel safer, yet Bush conceded that "we" need to be right … (9 comments)