Real estate blog entries tagged with liquidity crisis

Blog entries tagged with "liquidity crisis":

liquidity crisis: Does Fannie Mae and Freddie Mac's Insolvency Spell Financial Doomsday? - 07/14/08 10:29 AM

I was reading an interesting article from Agora Financial which is spelled out in their "Rude Awakening". One part caught my eye as they discussed what is currently taking place in the dual FM liquidity crisis, as presented by Dan Denning, editor of the Australian Daily Reckoning.
Dan talks about Ben … (1 comments)

liquidity crisis: FHA mortgages vs Conventional mortgages.... which is better? - 03/29/08 01:16 PM

I know some loan officers will debate that conventional mortgages can be better than FHA mortgages, but I always thought that real numbers always outweighed opinion. Aren't real facts correct over opinion? As long as these figures are accurate, right?
Yes, conventional mortgages are better if you have a credit … (17 comments)

liquidity crisis: Unchartered Territory - 03/17/08 05:03 PM

The mortgage industry has been as volatile as ever lately--especially with interest rates, loan programs and the housing market in general. Unlike the past, we are in unchartered territory as far as economic models go.
We are facing turbulent times with the credit crunch / liquidity crisis, a very possible recession, … (4 comments)

liquidity crisis: Government Cash Injection and the Dangers Ahead... - 03/13/08 09:42 AM

It started at the pump, not the mortgage shop...And now it is headed toward your wallet and your savings. Ben Bernanke (FED Chairman) announced yesterday (03/11/2008) that our central bank in conjunction with several of the worlds central banks will be pooling together to inject 200 billion dollars into some of … (0 comments)

liquidity crisis: Wake Up Mortgage Brokers, You're Losing Your Livelihood! - 03/10/08 11:53 AM

This is a MUST READ for MORTGAGE BROKERS...Nationwide!
THIS IS ALSO A CALL TO ACTION FOR ALL MORTGAGE BROKERS ACROSS THE US!
First off, DO NOT allow Politicians, The MEDIA and others to discount what we do as Mortgage Professionals. We bring value to the table for each of our clients on a daily basis. Many … (4 comments)

liquidity crisis: The "Liquidity Crisis", "Economic Stimulus Package" and my "Sleeping Tiger" Theories! - 03/07/08 03:45 PM

What is the "liquidity crisis" and why does it exist?
Across most of the country, Fannie and Freddie currently purchase loans of $417,000 or less from lenders, and repackage these so-called "conforming" mortgages into securities sold to investors. Investors generally trust that these securities will be repaid, in part because they are … (2 comments)

liquidity crisis: FHA mortgages vs Conventional mortgages - A True 3% down Comparison - 02/06/08 08:00 PM

FHA mortgages, in my opinion, are still one of the best mortgage options out there, as long as your credit score is above 500 and that you can prove your income.
This is a continued series showing you that in many cases, FHA mortgages might be your best solution when … (14 comments)

liquidity crisis: FHA mortgages vs Conventional mortgages - A True Comparison - 01/28/08 12:30 PM

The mortgage industry is changing right in front of us, basically on a monthly basis now. Which is why you need the advice of a mortgage professional and not an order taker. The word conventional mortgage doesn't mean that great rate or wholesome loan, that it did just several months … (16 comments)

liquidity crisis: National City Wholesale bites the dust - 01/05/08 02:14 PM

It was a sad day when the division for national city closed its secondary lending. I used to use them a lot. Now on the last day of 2007, National City announced that they will cease their first mortgage lending as well. I have to admit that this was suprising. I … (6 comments)

liquidity crisis: Will Conventional loans be just like the Subprime mess? - 12/08/07 12:23 PM

The world is crashing all around us and were can we turn for help. No, that is not a picture of hell shooting arrows. But things are getting worse in the mortgage industry. Brian Brady wrote, Time Is Running Out For Some Borrowers. Brian talks about some of the major … (61 comments)

liquidity crisis: Fannie, Freddie and the Future of Property Values (Original Post 11/20/07) - 12/04/07 07:14 PM

In today's Inman Article, Fannie and Freddie reported both credit, and mark-to-market losses that hovered around 3.5 billion*. The point of the article was that at a time when these GSE's are the only real players providing liquidity to our primary mortgage markets, financial troubles may limit their role in the … (45 comments)

liquidity crisis: Mortgage Crisis In Action - 09/12/07 01:40 PM

On July 30 of this year, the investment rating agencies lowered the ratings on funds that held certain mortgages. The result was investors pulling back on buying such securities that held questionable mortgages. What happened next was front page news, and still is today.
Lenders quickly realized that there was no market … (0 comments)

liquidity crisis: The Mortgage Mess - Don't Talk Yourself Out of Business - 08/27/07 08:37 PM

Is the sky falling? Your favorite loan officer may tell you so. A local REALTOR® was overheard recently telling a client that this is the worst market since 1983! Is that true?
Here's the scoop from someone who has been in the market since 1979. The sky is not falling. It's true … (6 comments)

liquidity crisis: Shop Shop, tisk tisk, oh what a relief it is? -- Mortgage shopping -- Part 1 of 2 - 08/21/07 08:30 PM

Just as easy it is for buildings to fall from demolition or that of a category 4 or 5 hurricane, so are mortgage companies falling by the waste side. Just two more large lenders closed their doors in the last two days, GreenPoint Mortgage of 20 years and First National Bank … (12 comments)

liquidity crisis: National Bank of Arizona is Shutting its wholesale operation - 08/21/07 12:49 PM

Here is a different twist to the Adapting Mortgage Market (I refuse to call it Mortgage Meltdown Look at my previous post) Bank of Arizona is Shutting down their Wholesale Division and keeping their retail division open. Below is a email I got from them today
"Due to continued uncertain market conditions, effective … (0 comments)

liquidity crisis: Mortgage crisis playes out international. - 08/21/07 10:00 AM

German banks are facing possible liquidity crisis as well. Rumors that a large British insurance company was also forced to borrow from the Bank of Englend discount window ,sent investors on a quality bond buying spree,Making the bond market hotter and in turn benefiting the consumer with lower mortgage rates.
Amazing! it is a global market out there, and … (0 comments)

liquidity crisis: The Mortgage Crisis and the Feds Intervention By cutting the Discount Primary Rates - 08/21/07 12:07 AM

Hi Guys
It seems that the mortgage meltdown is imminent and unavoidable. Reputable lenders closing right and left like Greenpoint who just announced that they will shut down their operation for new applications but keeping their commercial branch open.
Another lender that shut its doors last week was First Magnus, a Great alt … (2 comments)

liquidity crisis: Borrowers should take caution when they select who to broker or fund their loans - 08/18/07 10:51 PM

FOR IMMEDIATE RELEASE
Edgewater, NJ, August 9, 2007 - The liquidity crisis that resulted in the recent failure of a number of lenders, including American Home Mortgage Investment Corp. and New Century Financial Corp., has not only shaken confidence in the mortgage industry, but has also left many homeowners wondering how to … (0 comments)

liquidity crisis: What is a Liquidity Crisis? - 08/08/07 03:06 PM

It was just a short time ago that investors from all over the world were hot for US Mortgage Backed Securities (MBS). Historically these investment vehicles performed well as US home owners made good on their mortgage payments. Think about it, in the olden days home buyers needed at least 10% … (1 comments)

liquidity crisis: How to protect yourself and your clients in a changing market - 08/08/07 01:18 AM

DON'T PANIC!
Yes. alot is happening in the industry that not only affects my business, but yours as a real estate professional as well. You've heard the headlines about the liquidity crisis, or credit crunch. But please don't panic! There are still programs and lenders out there to get the deal … (6 comments)

liquidity crisis: AHM/ABC, a major Alt-A lender part of liquidity crisis - 08/04/07 12:22 AM

American Home Mortgage and American Brokers Conduit's demise~ Opinions and comments from Frederic A Din
This info will be posted on my website /blog later, which can be found at www.homeloans.cc/abc
Having been a mortgage loan officer for a large national brokerage firm for many years, I have seen my share of banks … (0 comments)