future of lending: More On the Future of the Lending Industry - 02/26/09 03:50 AM
After listening to President Obama’s address tonight to Congress and it spurred me to try and solicit more commentary from some of you in my network on a topic I brought up in one of my most recent posts on the future of banking and lending.  Obama talked about the need to create more lending when he said, “the cost of inaction is far greater.”
I usually don’t like sites, blogs, or forums that generate negativity. But I found something recently on a site called, ‘Mortgage Lender Implode Meter’ that I wanted to blog on. (Even though I won’t link … (0 comments)

future of lending: What Is the Future of Banking and Lending? - 02/17/09 03:05 PM
I found this interesting blog post recently that discussed current changes in lending and future changes: New World of Lending: 2009 Economic Forecast. Some of the facts in this post I found to be a tad bit shocking but unfortunately very believable.  One of these facts was that 40% of foreclosures are investment properties.  Not a surprise.
Another fact for buyers that I found interesting was that there are 71% fewer mortgages available than a year ago. 
Something I wanted to add to this was that, for the mortgages that are available, fewer and fewer people can qualify for … (3 comments)