Jay Beckingham's (jayb) Blog

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Mortgage and Lending - Bank of England Mortgage - 385907

ARCHIVED BLOG POSTS

2007 

After close to 30 years of lending I have learned that when markets experience a downturn many/most lenders/investors overreact. They do so to sufficiently cover their butts. Apparently after further review, some of the lenders who had been acting in a prudent underwriting fashion have examined t...
11/07/2007
In the November 12th issue of BusinessWeek there is a feature article entitled Prisoners of Debt. It's contents brings out issues of how companies and the credit bureaus either ignore the filings and the requirements that go along with them or, if you can believe this, how many creditors are find...
11/07/2007
CNNMoney reports that the "loan payers," that would be those paying in a timely fashion, are getting a little p----- off! They mention a homeowner from Florida who took a nice safe fixed rate, at a higher rate than the teasers, who makes her payments on time, and wonders why those who don't, get ...
11/05/2007
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Jay Beckingham

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