Loren's Blog

Mortgage and Lending - MLS# 279272
Thoughts about Mortgages, the Real Estate market, how customers should be treated, and mabye sports!



An article caught my eye this weekend regarding the push to (once again) allow Bankruptcy judges to change the terms in a Mortgage Contract to help folks in bankruptcy. While I can feel for many who are struggling with Foreclosures, I feel this will just push folks who are facing foreclosure to f...
During this Christmas week, all of the economic data will come out on Tuesday and Wednesday. The final revisions to third quarter Gross Domestic Product (GDP) will be revealed on Tuesday. GDP is the broadest measure of economic activity. Both Existing Home Sales and New Home Sales will be release...
Had an eye-opening experience at a networking meeting I was at this morning. (Preface: as many who read my blog know, I've written about getting your business plan ready for next year NOW!) The question came up the the 27 folks there...."How many have set their 2009 goals yet?" Only 4 people rais...
The big news this week will actually be packed into Tuesday, culminating with reports from the Fed meeting. Expectations are for a 50 or 75 basis point rate cut, and the accompanying statement will provide the Fed's latest views on the state of the economy and the financial system. The Consumer P...
Just bcurious for some feedback from the 'rainers..... For those agents who are working with "Home Buyers Scouting Report", how do you find the service? Do you get positive feedback from your clients? Does it help you "keep them in the fold"? Does it help you increase business? I'm thinking of pu...
During the first half of this week, Pending Home Sales on Tuesday will be the only economic data reporting. Import Prices and the Trade Balance will come out on Thursday. Friday will be the big day with PPI inflation data, Retail Sales, and Consumer Sentiment. The Producer Price Index (PPI) focus...
A 'throwaway' item in the local newspaper caught my eye this morning. Merriam-Webster, the company that publishes dictionaries, selected "bailout" as its 2008 Word of the Year. That probably was a good choice. According to the company, the word was selected because of the number of times it was l...

Loren Johnson

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