ARCHIVED BLOG POSTS

2008 

Actual clause in the government rescue package: Sec. 109. Foreclosure Mitigation Efforts CONSENT TO REASONABLE LOAN MODIFICATION REQUESTS - Upon any request arising under existing investment contracts, the Secretary shall consent, where appropriate, and considering net present value to the tax-pa...
09/29/2008
Being a real estate broker for over three decades, I can unequivocally state that the basic facts in this video are correct. Today, everyone is blaming Wall Street or dishonest mortgage brokers. But, one has to trace back the real cause that allowed this to occur.  Real estate search engine optim...
09/29/2008
Being a real estate broker for over three decades, I can unequivocally state that the basic facts in this video are correct. Today, everyone is blaming Wall Street or dishonest mortgage brokers. But, one has to trace back the real cause that allowed this to occur.
09/29/2008
Some folks took risks on buying homes 2-3 years ago with the thought that home prices would continue to increase and they would make off with a good ROI (sometimes with no money down at all). Others took the risk of not buying and possibly seeing the prices of housing running up to a level that t...
09/26/2008
JPMorgan Chase jumps in to buy $1.9 billion in assets from the government. The bank's failure is the worst in US history and the 13th such failure this year.*To read the full post, please visit the San Diego real estate market blog
09/26/2008
A report yesterday in The New York Times reporting on a consulting firm's analysis, found that departing Fannie Mae head Daniel Mudd stands to collect $9.3 million in severance pay, retirement benefits and deferred compensation under the terms of his employment contract, provided his dismissal is...
09/19/2008
Nearly five in ten Americans (48%) are uncomfortable with the total amount of household debt they have according to a nationwide survey by LendingTree. Furthermore, the survey discovered that 54% do not have a financial plan, proving the majority of Americans have no intention or definitive strat...
09/19/2008
In a Yahoo Finance interview with Yale professor and MacroMarkets chief economist Robert Shiller he made some grim housing forecast while promoting his book The Subprime Solution. Three points Shiller made are: *To view the full post, please visit the San Diego real estate home blog
09/19/2008
Last Friday Mortgage Bankers Association (MBA) issued a report showing a record 1.2 million homes were in foreclosure during the second quarter of 2008. This was 2.8% of all outstanding loans, and double the same period last year. *to read the full post, please visit the San Diego real estate hom...
09/19/2008
I'm Judi's husband and I can say that this have been my MOST COST EFFECTIVE farming promotion.    If you want better search engine standings, be sure to visit her search engine optimization software site.Several years ago I sold my husband, a 30-year veteran, CRS/GRI accredited, real estate broke...
09/15/2008
Rainmaker
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