This is the question circling the mortgage lending community lately. No question they are in serious trouble. With the secondary market for mortgage loans in total dysfunction, Countrywide finds itself in a dilemma. If they stop making loans, they could slow the rate of loss from defaults but
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01/10/2008
A good friend of mine moved to Iowa about 9 months ago. He still owns a mortgage company in Oregon so we speak often. But for some reason which is still a mystery to me, he picked up his family and moved from the great pacific northwest to a small town in Iowa. Joe and I are polar opposites of
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01/04/2008
I have a simple technique that will help anyone attract those things they desire and avoid attraction of those they don't. Simply write down 10 things you are grateful for and 10 things you want to attract each day. Let the "Law of Attraction" do the rest. Sounds simple and it is but the posit
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01/03/2008
The following are ten keys that we in the indymac managment team are going to do to survive the market of 2008: Preserve CapitalMaintain maximum liquidityIf not profitable cut expenses down to where you break evenbe prepared to fire friendsCredit quality matters more than everStop paying outrageo
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01/03/2008