cw: Countrywide gets sued again... - 08/13/08 09:38 PM
The headline of Orginator Times today read....Countrywide Sued By Another State for Inducing Consumers to Take Out Loans They Couldn't Afford. Unfortunately, this was first seen when the attorney general of Illinois filded suit against CW. Illinois was the first state. Now West Virginia joins the ranks as well.
The Attorney … (12 comments)
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cw: Countrywide and Wells Fargo in Illinois get their Subpoena today!!! - 03/06/08 04:31 PM
According to today's news release, the Illinois Attorney General issued subpoenas to today to Countrywide Home Loans, Inc., and Wells Fargo Financial Illinois, Inc., to determine whether the lenders supposedly unfairly steered African American and Latino borrowers into higher cost or otherwise inappropriate home loans in violation of fair lending and civil rights … (0 comments)
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cw: Building Realtor Relationships & trying to make a buck along the way. - 01/26/08 10:27 PM
Ever since I have been in the business, almost two years now, I have done one thing that I don't see anyone else doing. Sometimes it pisses people off, but more times than not, they are grateful. I consider it just a minor act, with GREAT return, in the services that I provide … (12 comments)
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cw: Countrywide sold to BofA -- A Rumor closed - 01/11/08 09:32 AM
Were they rumors that were floating around that Bank of America was going to buy Countrywide? Matt Heaton gave a quick analysis of this yesterday. Bank of America buying Countrywide? Well, it's been reported that it's official and was announced this morning that BofA to Buy Countrywide for $4B in Stock. … (32 comments)
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cw: Market Update - Lock or Float (October 10) - 10/10/07 11:56 AM
Wednesday's bond market has opened down slightly despite stock weakness. The stock markets are showing sizable losses with the Dow down 82 and the Nasdaq nearly unchanged. The bond market is currently down 2/32, which will likely push this morning's mortgage rates higher by approximately .125 of a discount point.There is … (2 comments)
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cw: Market Update - Lock or Float (October 8th)h - 10/08/07 08:26 PM
This week brings us four factual economic reports for the markets to digest. They are all scheduled for release Thursday and Friday, so the first part of the week will be left mostly up to the stock markets. In addition to the factual reports, we will also get the minutes from … (1 comments)
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cw: Market Update - Lock or Float (October 4) - 10/04/07 11:22 AM
Thursday's bond market has opened slightly in positive territory again following the release of weaker than expected manufacturing data. The stock markets are nearly flat with the Dow up 4 points and the Nasdaq up 3 points. The bond market is currently up 5/32, but we will likely still see a … (0 comments)
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cw: Market Update - Lock or Float (October 2) - 10/03/07 09:47 AM
Wednesday's bond market has opened slightly in positive territory after the stock markets showed early weakness. The stock markets are posting losses with the Dow down 49 points and the Nasdaq down 12 points. The bond market is currently up 4/32, which with strength later yesterday should improve this morning's mortgage … (0 comments)
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cw: Market Update - Lock or Float (October 1) - 10/01/07 11:15 AM
....And reporting on time for the first time in a couple of days. Here is the market update for October 1st. The lock advisory hasn't changed - still locking for closings within 20 days.
Monday's bond market has opened in positive territory following a weaker than expected manufacturing related report. The stock … (4 comments)
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cw: Market Preview (Week of October 1st) - 10/01/07 06:57 AM
Good morning everyone. Here is a brief intro to this week. The lock/float advice has changed slightly. I look forawrd to hearing from you all!
This week brings us the release of only three monthly economic reports for the bond market to digest. The first report of the week comes late tomorrow … (3 comments)
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cw: Weekend Reading - 09/29/07 02:32 PM
I found a couple of great articles that were published in Yahoo's finance section. I thought I would share them with you and see if you had any thoughts on them! So, here goes:
There are affordable homes in every state; you just have to look in the right areas to live … (1 comments)
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cw: Market Update - Lock or Float (September 28) - 09/28/07 10:26 PM
Hey Everyone,
I apologize for being so late with this! I was working a Fairground today (and surprisingly picked up a lot of business)! Anyway, here is the usual market update! The lock advisory hasn't really changed all too much from yesterday.
Friday's bond market has opened in positive territory despite stronger than … (3 comments)
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cw: Market Update - Lock or Float (September 27) - 09/27/07 09:42 PM
Hey Folks, I apologize for this coming out so late! But, here is today's market update and suggestions. Please not that the advice on the lock and float has changed significantly!
Thursday's bond market has opened in positive territory following weaker than expected economic news. None of this morning's data was considered … (0 comments)
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cw: Good articles for today! (September 26) - 09/26/07 04:31 PM
I found several great articles that were published! I wanted to share these with you and get your general opinion on them (either just one, or all). So, here they are:
Mortgage Applications Drop While Refinancing IncreasesLoan Modifications for Subprime BorrowersFed Rate Cut has Opposite EffectThese 3 articles were well written in … (1 comments)
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