Starting to add up yet Mr President?

Mortgage and Lending with US Mortgages - David Shamansky NMLS#392126

Americas Leaders - FailedStarting to add up yet Mr President?

So we have the lowest recorded interest rates in history (according to FHLMC) appx 2 weeks ago when the avg 30yr fixed rate was below 4%. And what is the next serious of news releases. mortgage applications DECLINE?!?!

Decline when rates are the lowest in HISTORY? How could this be you ask? Well lets consider consumer confidence is at, or near, all time lows, unemployment is around the 15% mark, increasing taxes on the wealthy (the ones who actually pay the bulk of all US taxes, as over 50% pay none at all) + the fears from Bernanke's speech for, telling the truth, that if we don't abandon this BS of political party line votes and constant fighting with no action and no results (as we ALL have to get the glory or we wont play on your team...) have to go or Amereica is facing the reality of a Collapse!

Your team? Hold on this IS NOT YOUR team this is OUR TEAM. This is America and we are ALL Equal here. It is not yours to destroy! It is not yours to use the power your were elected in, to be used as a battering ram for your agenda and not the agenda of America! Watch out Mr President your re-election is not only NOT guaranteed, as you may have thought, but from the polls, sentiment and economy I see it is greater your a 1 term pres than getting to completely destroy America with a 2nd term.

Add to the DECLINE in applications for Mortgages during the history making lows, Larry Bettag had a post showing that with the implementation of all these NEW REGS and requirements that mortgage fraud is almost double! Yeah almost double what it was before.

So if you wonder the capacity of the current Brain Trust in Washington there are some interesting stats to think about. Lowest rates in history with mortgage applications down. heaviest and tightest regulations in industry with fraud at almost double its highs!

Way to go and keep up the good work. If you get another 4 you can put about 80% of the population on food stamps and government hand outs at this rate!


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Colorado 1st Time buyers, if you are ready to stop renting, get the many benefits from home ownership, or maybe your a current homeowner looking to move up or maybe looking into what it takes to become an investor in this incredible market, that WILL create millionaires, and you are looking for a strategy, answers and direction, please feel free to call or email me. My 22yrs in mortgage lending and 30+ years in finance gives me an in depth knowledge, critical to helping others and making their dreams go from dream to reality!

David Shamansky
"Positive reinforcer, promoter, success coach, entrepreneur, team builder, wealth builder, blessed individual, business leader and professional lender"

US Mortgages
6855 S Havana St Ste 520
Centennial CO 80112
Equal Housing Lender

*photos used may come from my personal pictures or



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  1. Wallace S. Gibson, CPM 10/08/2011 06:20 PM
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Charles Stallions
Charles Stallions Real Estate Services - Pensacola, FL
800-309-3414 - Pensacola, Pace or Gulf Breeze, Fl.

No one in this administration cares about housing they are too busy chasing the next big payoff.

Oct 08, 2011 03:20 PM #1
Wallace S. Gibson, CPM
Gibson Management Group, Ltd. - Charlottesville, VA

Corporations are hoarding their CASH and paying big dividends to stockholders because they do not know what will happen with Obamacare...I hope the GOP has a ground game in place for the day AFTER the election Nov 2012

Oct 08, 2011 06:20 PM #2
Mike Carlier
Lakeville, MN
More opinions than you want to hear about.

Voters see a total lack of cooperative progress in Washington, and they don't know what to do about it.  If Obama is replaced and legislative advantages move in the same direction, the torch of obstruction will pass across the aisle to a new era of gridlock.  We continue to replace bad bulbs with others that are also burned out.  I'm frustrated.

Oct 09, 2011 03:05 AM #3
David Shamansky
US Mortgages - David Shamansky - Highlands Ranch, CO
Creative, Aggressive & 560 FICO - OK, Colorado Mtg

Charles - I agree but the wake up is coming! 2012 we will see interesting and real change not just words!

Wallace - Amen we are going to get the change promised 4 years ago and it should be wide and far reaching. I hope and pray the partisan BS goes away for all our sakes and we can focus on cures for issues instead of creating more

Mike - Totally agree thats why I hope we do a clean sweep. Even thought that is unlikely a major reforming should send the same message loud n clear get rid of the party line bs and fix things instead of creating them or you will be removed!

Oct 09, 2011 02:16 PM #4
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David Shamansky

Creative, Aggressive & 560 FICO - OK, Colorado Mtg
560FICO and High DTI are among some of what we say Yes to
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