mortgage crises: Mortgage Brokering...Yesterday, Today and Tomorrow - 04/08/08 02:03 PM
I'm going to have to start paying Janet Guilbault a royalty. This is the second post in a roll that was inspired by one of hers! If you haven't checked her blog out, you really should!
Anyway, yesterday she wrote a blog called, "Breaking News, WAMU Is Exiting The Wholesale Mortgage … (6 comments)
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mortgage crises: Good Bye To All The Young Sharks....Don't Let The Door Hit You On the Way Out! - 04/07/08 02:07 PM
I read a post today by one of my favorite bloggers here on AR, Janet Guilbrault. Her post was called, "Shattered Dreams, Wasted Time: The Shattered Dreams Of The 20 Something Mortgage Broker" looked at the exodus of the young mortgage brokers from our business from a different angle that I … (6 comments)
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mortgage crises: Stop Blaming The Mortgage Broker II - 01/09/08 12:25 AM
I recently got a comment on one of my posts, "Stop Blaming The Mortgage Broker" from a member of the general public, who was, shall we say, not convinced by the arguments that I made in that posting. Her specific comment was,
"Interest only loans, and some ARMs ought to have … (10 comments)
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mortgage crises: News Flash - Real Estate Values To Increase! - 11/28/07 03:05 PM
As is sometimes the case here on AR, I'll read a posting and it will inspire me to write a post of my own on that or on a related topic. This is the case here.
I just read a post about being careful with what you say to your buyers regarding … (33 comments)
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mortgage crises: Home Ownership Is Too Important To Do Nothing! - 11/26/07 12:25 PM
Much has been written about who should bear the blame for the current real estate and mortgage crises. Some have levied blame at the borrowers while others have levied blame at unscrupulous mortgage brokers.
I for one have levied most of the blame on the big Wall Street Investment houses that bundled … (7 comments)
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mortgage crises: Man Found Frozen In South St. Louis - 11/20/07 04:47 PM
A few days ago I wrote a post where I asked if people thought that the media plays a story straight. The over whelming response was, "No, the media does not play it straight with the public."
Frankly, I wasn't surprised. I had seen a perfect example of how the media plays … (7 comments)
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mortgage crises: Poll Question: Does The US Media Play It Straight With The Public? - 11/17/07 10:02 PM
The reason that I ask this question is that I've been following HR3915 fairly closely as it went through the House Financial Services Committee and have read up fairly well on how this whole sub-prime mortgage fiasco has come about. In following this bill and reading up on this mess, I've … (17 comments)
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mortgage crises: A Hand Up vs. A Hand Out 2 - 08/27/07 10:20 AM
Earlier this morning I wrote a post called, "A Hand Up Vs. A Hand Out" that dealt with the current foreclosure mess and what would be the best way to deal with it. I got some very good comments that I was going to comment on, but decided that it would … (7 comments)
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mortgage crises: The Fed Is Helping The Big Guy, But Who's Going To Look Out For The Little Guy? - 08/23/07 01:02 PM
I read on Bloomberg.com last night about Bank of America buying 2 billion dollars worth of preferred stock in Countrywide and while I think that this may be a good thing for the mortgage markets in general because it might inject a dose of much needed confidence into the market, it … (8 comments)
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mortgage crises: The Pendulum Will Swing Back Eventually - 08/16/07 10:19 AM
By now most of you have read or heard about the troubles at Countrywide. I just read a post that said that Countrywide is pretty much getting out of the non-conforming side of the business (not conforming to Fannie or Freddie guild lines). It seems like the pendulum is swinging quite … (0 comments)
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