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Tags: economy, mortgage, subprime
Author: Randall M. More from Author: There is no greater concentration of Mortgage Brokers, Originators, Account Executives of every level, including Lenders and Bankers on ANY other web site. Whether it's Retail or Wholesale, from Capitol Hill, State Regulators to Realtors, Appraisers, Title/Escrow to Brokers and Wholesale staff, we have the audience and their complete and constant daily attention. 23 Users are Following
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Obama Regulatory Reform Plan Officially Establishes Banking Dictatorship In United StatesJun 19, 2009
"How simultaneously dangerous and ridiculous it is that the Federal Reserve is given more authority to oversee the economy. This is the same privately run entity that refused to comply with congressional demands for transparency and disclose the...
Foreclosures Surge as Stabilization Drifts Further AwayMay 28, 2009
"The housing market may not stabilize until Q111, the Mortgage Bankers Association said today, upon release of its National Delinquency Survey, which shows foreclosure activity hit an all-time...
Housing Facing Another Bump In Road To Recovery?May 27, 2009
The street is predicting existing home sales to increase, based largely on the sales surge of distressed properties. No question, the bottom feeders are back in the game, as are first time home...
Why a Housing Recovery Requires Lower PricesMay 26, 2009
"Why should investors — or homeowners, for that matter — care much about the opinion representing the consensus view? That consensus missed the credit bubble as it formed, wrongly believed the...
Fannie Program Sees 70% RecidivismMay 22, 2009
"A program aimed at helping delinquent borrowers become current once more on their mortgages will likely see decreased volumes at mortgage giant Fannie Mae (FNM: 0.78 0.00%) after the Federal...
Here's The Secret Reason We Eliminated The Bailout Caps On Fannie And FreddieDec 26, 2009
" On Christmas Eve, when the news was assured of getting no coverage whatsoever, The White House announced that it had eliminated the maximum bailout cap for Fannie Mae (FNM) and Freddie (FRE)."
Commercial Real Estate Holders Decide to Walk AwayDec 26, 2009
``The above is disturbing. What we are seeing is that the banks are basically pushing all the downside of risk to average Americans while keeping any ill gotten profits. They are rushing to payback TARP funds because they want to be unchanged so they...
Credit crunch: Home equity lending evaporatesDec 26, 2009
``About 4 percent of home equity loans were delinquent, and nearly 2 percent of credit lines were 30 days or more overdue, according to the most recent data available from the American Bankers Association.
A rise in home-equity defaults can be...
No Morals, No HazardDec 26, 2009
Many people today feel happy and positive when they look at the stock markets, because they think these reflect the real economy, and since the markets are up, things must have changed for the better in the past year.
But they haven't, not below...
Pension fund becomes home builder in PascoDec 26, 2009
"You'll never guess the latest builder to wade into the troubled Tampa Bay housing market: Los Angeles firefighters, teachers, cops and trash collectors."
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