Clark Garrison's (klarque) Blog

why are we in this business we call "Real Estate"?                           This business is full of ups and downs and yet there are more and more agents, L.O's, appraisers and Inspectors entering into this profession daily. The question at hand is......Why are you in the business!?Is it the mon...

Is it me or did we come terribly close to being in 1929' on March 16, 2008. For those who are not aware (and many are not) Bear Stearns is an investment Bank a securities trading and brokerage Bank! Bears Stearns recently agreed to a merger with JP Morgan Chase in part to save their butts, but in...

Have you heard of the New Mortgage company Penny Mac?Penny Mac, a newly created mortgage company by Ex-CEO of Countrywide (Stanford Kurland). The aim of this company is to buy back bad loans and restructure them! He's being backed by investment firms Black Rock inc. and Highfields Capital Managem...

I would like to take this time to introduce who we are!Taylor One is a National Pre-forclosure Assistance company based out of Atlanta, Ga.  Our aim is to greatly educate and assist homeowners who are facing possible foreclosure. We work with these homeowners in setting up forbearances, Lifeline ...

I love the way the media is portraying that Real Estate is falling off the  Earth and we should all run for the hills. What are we supposed to do....start building tents (again) or living in caves?In life and especially in Investing, you can not follow the crowds. In the stock market, the smart i...

Here's evidence of where the R.E.O Market is going.  FAS (Field Asset Services) is a REO maintenance and service provider for many Lending institutions. Their main focus is to increase their return on defaulted properties sold for their clients.  Recently, they've just added new clients like Fann...

  Recently in President Bush's new Economic Stimulus Plan, Conforming Loan limits were increased to a little under $730,000.  Typically, the Nation's 2 largest secondary market lenders (Freddie mac and Fannie mae) set the standards for conformed loans. That limit was just above $400,000 recently....

It appears our government is at it again! This time they are going after Mortgage Brokers???In an attempt to restore our expiring economy the Bush Administration is pressing for Mortgage Brokers to have full disclosure to fees charged for originating loans.  Lender and Broker trade groups in the ...

I remember not too long ago when this zip code comprised of historic beautiful homes. Not too long ago this area flourished with home owners that were proud of the history this area possessed.  That was then, this is now!My company works with home owners in dealing with pre-foreclosure issues. Ne...

Last week Treasury Sec. and other members of the Bush Administration visited Oakland, CA. They were there due to the fact that CA has an abnormally high foreclosure rate. (who doesn't!)                                                         The Administration's current attempt to battle the fore...