I don't read books. I read blogs. I read plenty of blogs. It would take me hours and hours if I had them all saved as bookmarks and had to hit each site to read what was new. So when I find a blog I like, I subscribe to it's RSS feed. RSS stands for Real Simple Syndication. It has it's own...

12/30/2007

Mortgage PRO Week in Review -- 12/10/07 through 12/16/07

37 Comments

I was honored when Jeff Belonger asked me to write this review. This is the first time I've written the Week in Review and I spent most all of last week thinking about what I would use as the theme. I also have seen so many different excellent mortgage posts from so many different and excellent l...

12/17/2007

The Deed is the Key

3 Comments

Courtesy of Teresa's post today...Here's a brand new video from Freddie Mac explaining just one version of the many different Foreclosure Rescue Scams. If you read some of my other blogs you'll know I'm not overly optimistic on either the California / Schwarzenegger version or the Bush / Paul...

12/14/2007

I'm waiting till they drop lower

7 Comments

Most every competent mortgage person will tell you...When the feds change the rates they are responsible for (Fed Funds and Discount) it has little effect on the actual mortgage rates you and I get to pay. So the Fed's decided to lower the Fed Funds Rate .25 bps and lower the Discount Rate .25 pb...

12/11/2007

Foreclosure Solutions

3 Comments

Fellow blogger and all around good guy, David Petrovich once wrote, "Sometimes, the offer of a helping hand is really a cement lifejacket in disguise." This week I received contact from two people who had "issues" with the same foreclosure rescue company. That's what I thought. My mistake. It tu...

12/07/2007

The Trouble with Bubble Bloggers

4 Comments

Beware of the Bubble Blogger. They might be right on some things, but they can also lead you horribly astray. That happened today. I read Keith over at HousingPanic all the time. (Yes, before you tell me, I already read Patrick too). So there I was... watching the Bush / Paulson plan live ...

12/06/2007

Will Agents Replace Mortgage Brokers?

9 Comments

Will the Lenders soon change their business model, dumping Mortgage Brokers for Real Estate Agents in the name of profitability? I posted the question over at Lenderama earlier this week. In simple terms, a company's bottom line (profitability) is determined by how much they brought in minus ...

12/05/2007

Hope Now

5 Comments

I was just watching the US Treasury Secretary, Henry Paulson's news conference. In it he urged homeowners in trouble to call their toll free number. It's called HOPE NOW 888 995-HOPE (888 995-4673) I'll see if I can get in there and play later, but for now I would like to hear from anyone who ...

12/03/2007