foreclosures: Terminate Loan Modifications - 09/30/12 11:31 PM
I thought this was an interesting concept concerning loan modifications such as HAMP, their default rate, the contrast of foreclosure, and the idea of putting the money towards paying down our national debt.
TBWS Daily Show
 
Disclaimer: if you prefer reading your news over a cup of coffee in a relaxed atmosphere, or your family's sense of humor gen has skipped a generation, don't watch the video; these guys talk fast and are high energy.
Have a Great Day
(4 comments)

foreclosures: TBWS Daily - 3/22/2012 - 03/22/12 01:10 AM
The discussion today hit several topics:  HARP 2 (Affordable Refinance Program - Interest Rate Knowledge - Is the economy really recovering - and the effect of gas prices on the economy.
Think Big Work Small
Enjoy the video.
Disclaimer:  If you prefer reading your news over a cup of coffee in a relaxed atmosphere or your family’s sense of humor gene skipped a generation, don't watch the video; these guys talk fast and are high energy.
Have a Great Day
 
(0 comments)

foreclosures: TBWS Daily - 3/16/2012 - 03/16/12 09:17 AM
The topics for today center around: HUD changing their guidelines on seller concessions - reducing from 6% to 3% which will make buyers mortgage payments higher; this could impact mortgage defaults.  Banks have only been allowing owners to short sale their homes if they miss payments; this triggers the Strategic Default, putting homeowners in a very negative position; this needs to stop. 
Think Big Work Small
Disclaimer:  If you prefer reading your news over a cup of coffee in a relaxed atmosphere or your family’s sense of humor gene skipped a generation, don't watch the video; these guys talk fast and are high energy.
Have a Great … (0 comments)

foreclosures: TBWS Daily - 3/15/2012 - 03/15/12 01:40 AM
Today's daily report mainly focuses on a woman who filed a "False Claims" report on the bad foreclosure of her condo, and received an 18 million award.  Also discussed: The Feds are going to keep the Rates the same for the next few years, and a 1960's stimulus idea called Operation Twist is being looked at; this involves moving around long & short term bonds.
Enjoy the video
Think Big Work Small
Disclaimer:  If you prefer reading your news over a cup of coffee in a relaxed atmosphere or your family’s sense of humor gene skipped a generation, don't watch the video; these … (0 comments)

foreclosures: TBWS Daily - 3/14/2012 - 03/14/12 02:22 AM
Zero Tolterance - The government is putting itself in a position to make 5 million dollars on every foreclosure that has an error in it's processing. This pertains to new foreclosures coming on the market. With 80% of San Fransisco's foreclosures having errors, this could be profitable for the government. Enjoy the video.
Think Big Work Small

Disclaimer:  If you prefer reading your news over a cup of coffee in a relaxed atmosphere or your family’s sense of humor gene skipped a generation, don't watch the video; these guys talk fast and are high energy.

Have a Great Day
(0 comments)

foreclosures: TBWS Daily - 3/13/2012 - 03/13/12 03:06 AM
Today's TBWS report concerns the FHA Mortgage Insurance Conspiracy Theory - FHA fraud claims - Libor Index (London Interbank Offer Rate) manipulation - and Loan Modification & Principal reduction not helping 75% of loans due to loans financed by Freddie Mac and Fannie Mae being exempt.  
Think Big Work Small
Disclaimer:  If you prefer reading your news over a cup of coffee in a relaxed atmosphere or your family’s sense of humor gene skipped a generation, don't watch the video; these guys talk fast and are high energy.
Have a Great Day
 
(0 comments)

foreclosures: Todays TBWS Daily Report - 3/12/2012 - 03/11/12 11:47 PM
Good Morning...Here is what the boys are talking about today; "HELP" Homeowners Equity and Liquidity Pathway.  This may be an effective way to help the housing industry;  To me it sounds like it has possibilities.  They also talk about BOA and the deal they cut with the government for improperly done foreclosures; and Fannie Mae's finances.  
Think Big Work Small
DISCLAIMER.  If you prefer reading your news over a cup of coffee in a relaxed atmosphere, or your family’s sense of humor gene skipped a generation, don’t watch this video; these guys talk fast and are high energy.
Have a Great Day
 
(0 comments)

foreclosures: TBWS Daily - 9/20/2011 - 09/24/11 12:13 PM
Good Evening...Here is Tuesday's market update from the Think Big Work Small Guys.  The boys are discussing how to take advantages of a down market where the economy is bad and the rates are great (4.15%).  Pre-foreclosures and Foreclosures are on the rise once again.  Value in purchasing is at an all time high.  
Think Big Work Small
Disclaimer:  If you prefer reading your news over a cup of coffee in a relaxed atmosphere or your family's sense of humor gene skipped a generation, don't watch the video; these guys talk fast and are high energy.
 
(0 comments)

foreclosures: TBWS Daily - 9/19/20 - 09/19/11 05:06 AM
Good Morning…Here is today’s  report from the Think Big Work Small Guys.  Today the boys are talking about the 203k Investor Loans, these are investors with deep pockets looking to pick up one or two homes.  This would be a way of getting rid of some of the foreclosures.  These investors would rehab the homes and have more of an interest in the condition the property is kept. 
Think Big Work Small 
Disclaimer:  If you prefer reading your news over a cup of coffee in a relaxed atmosphere or your family’s sense of humor gene skipped a generation, don't watch the … (0 comments)

foreclosures: TBWS Daily - 8/22/2011 - 08/24/11 02:25 AM
Good Morning…Here is today’s  report from the Think Big Work Small Guys.  The boys are going over a survey taken on the Frank - Dodd Bill, and discussing a new bill being proposed which would take 3 million foreclosed homes off the market; they go over the pros and cons of this bill.
THink Big Work Small 
Disclaimer:  If you prefer reading your news over a cup of coffee in a relaxed atmosphere or your family’s sense of humor gene skipped a generation, don't watch the video; these guys talk fast and are high energy.
Have a Great Day
 
(0 comments)

foreclosures: TBWS Daily - 8/5/2011 - 08/05/11 02:22 AM
Good Morning…Here is today’s  report from the Think Big Work Small Guys.  Today the boys are talking about Bank of America once again.  It seems BOA is trying to work out a deal with state and federal officials to receive Legal Forgiveness for past and future Illegal Foreclosures and Loan Modifications.  In order for Modifications to work standardized rules must be enforced for everyone; BOA doesn't seem to understand this.  
Think Big Work Small 
Disclaimer:  If you prefer reading your news over a cup of coffee in a relaxed atmosphere or your family’s sense of humor gene skipped a generation, don't watch … (0 comments)

foreclosures: TBWS Daily - 7/19/2011 - 07/19/11 02:31 AM
Good Morning...Here is today's report from the Think Big Work Small Guys.  The guys talk about the Artificially low foreclosure rate of 29%, and the expectations of lenders pushing 1 million foreclosures into the coming year.  Texas takes the least time to foreclose, 92 days, and has the least drop in home values, while New Jersey takes 944 days to process a foreclosure. 
Think Big Work Small 
Disclaimer:  If you prefer reading your news over a cup of coffee in a relaxed atmosphere or your family's sense of humor gene skipped a generation, don't watch the video; these guys talk fast and are high energy.
(0 comments)

foreclosures: TBWS Daily - 7/12/2011 - 07/13/11 02:28 AM
 Good Morning...Here is today's market update from the Think Big Work Small Guys.  Today's discussion centers around an Bill being proposed by a member of the House Financial Services.  This Bill - HR344, would put a 12 month moratorium on Foreclosures- and chase Investors away.  They also discuss a pilot program being put forth by HUD, called the Strong Cities, which would focus federal dollars on devastated cities such as Detroit. It's intentions is to "Kick Start" the most detroyed cities; but how effective would it be?
Think Big Work Small 
Disclaimer:  If you prefer reading your news over a cup of coffee … (0 comments)

foreclosures: TBWS Daily - 6/26/2011 - 06/27/11 04:00 AM
Good Morning...Here is today's market update from the Think Big Work Small Guys. Today the boys are talking about the Foreclosures coming on the market the second half of this year, with 6.3 million past due on their mortgages this means more business for agents, and, Chase not being in the modification business - they are in the foreclosure business.
Think Big Work Small 
Disclaimer:  If you prefer reading your news over a cup of coffee in a relaxed atmosphere or your family's sense of humor gene skipped a generation, don't watch the video; these guys talk fast and are high energy.
(0 comments)

foreclosures: TBWS Daily - 6/6/2011 - 06/07/11 02:01 AM
Good Morning...Here is today's market update from the Think Big Work Small Guys.  Today's discussion is on Maternity Discrimination in Lending.  HUD has fined Cornerstone $750,000 for using pregnancy as a determining factor in Loan approvals; HUD is looking at other Lenders.
And, did you hear about the couple in Collier County, Florida who purchase a home and Bank of America foreclosed on it in error.  After BOA refused to reimburse the couple fees accrued, the couple went to court and Foreclosed on BOA.  The Sheriff and Attorney accompanied a van to the bank and seized its computers and other assets; BOA issued a … (2 comments)

foreclosures: TBWS Daily Report - 5/30/2011 - 05/31/11 09:30 AM
Good Afternoon...Here is today's market update from the Think Big Work Small Guys.  Today the boys are discussing Qualified Residential Mortgages Under Fire do to the Dodd-Frank bill which would require 20% down or carrying 5% of the loan.  Also, 2 firms have to pay for Improper Military Foreclosures and not following H.R. 100 which protect serving military families.
Think Big work Small
Disclaimer:  If you prefer reading your news over a cup of coffee in a relaxed atmosphere or your family's sense of humor gene skipped a generation, don't watch the video; these guys talk fast and are high energy.
(0 comments)

foreclosures: TBWS Daily Report - 5/17/2011 - 05/18/11 01:54 AM
Good Morning...Here is today's market update from the Think Big Work Small Guys.  This mornings discussion touches on several issues: MERS, in Michigan, not meeting state requirements for Advertised Foreclosures which could effect thousands of foreclosures including closed deals; NARcreating a designation to establish BPO Certificates which could effect Appraisers; and, the Mortgage Leaders Cruis.
Think Big Work Small 
Disclaimer:  If you prefer reading your news over a cup of coffee in a relaxed atmosphere or your family's sense of humor gene skipped a generation, don't watch the video; these guys talk fast and are high energy.
Have a Great Day
(0 comments)

foreclosures: Dail TBWS Market Report - 1/12/11 - 01/13/11 01:07 AM
Good Morning...Here is today's market update from the Think Big Work Small Guys.  Today the boys are having a discussion on the home builder Lennar and their earnings increase.  Lennar bought into a portfolio of loans auctioned by the FDIC with a share agreement. Since then Lennars stocks have increased even while new home ownership has fallen.  They also give a list of States having the longest and shortest foreclosure procedure; and they recommend that consumer's looking for mortgage brokers check to make sure the loan officer has a license. 
Video:  Think Big Work Small  
Disclaimer:  If you prefer reading your news … (0 comments)

foreclosures: Daily TBWS Market Report - 1/10/11 - 01/10/11 11:04 AM
Good Morning...Here is today's market update from the Think Big Work Small Guys.  Today the boys talk about Wells Fargo loosing a case in the Massachusetts State Supreme Court who sided with two home owners in getting their homes back after Foreclosure.  How is this going to effect doing business in a state where the high court decides in favor of home owners?  Is this going to effect the future of lending in this state.  The usual sentiment is "What is bad for banks is good for us", but the bottom line is We Need Band, they are the bloodline of our … (0 comments)

foreclosures: Daily TBWS Market Report - 12/10/10 - 12/11/10 02:46 AM
Good Morning....Here is today's market report from the Think Big Work Small guys.  The boys still have substitutes who are discussing several items.  Fannie Mae and Freddie Mac suspending foreclosures until January 3rd, Using Video Marketing in your plan - only 14% do, and Loan Quality was better in 2009 than in 2010 - Excellence dropped from 30.42% to 27.57% and Fraud has jumped from 1.3% to 2.3%. 
Think Big Work Small
Remember, if you prefer reading your news over a cup of coffee in a relaxed atmosphere or your family's sense of humor gene skipped a generation, don't watch the video; these guys talk fast and … (1 comments)