This is a stellar Friday afternoon read, with many thanks to Incline Jim for forwarding the link. It’s a behind-the-scenes […]
Category: Lending
The Investors Club
Do you think you can buy a house that sold new in March 2006 for $627,166 for $236,000? It happened […]
Why WaMu Must Die
The new listing at 8695 Tom Kite looked like just another Somersett owner getting serious about today’s real estate market. The […]
Time to Put Money in the Mattress?
Lehman Brothers filed for Chapter 11 Bankruptcy. On Sunday night, employees in New York and London cleared out their offices […]
What Happens Now With Fannie and Freddie?
The following post is from Stephanie Hanna, a lender we work with. It provides an inside the lending industry view […]
Strange Call from American Home Mortgage…
…Or at least their loan servicing center in India, because I think that’s all that’s left of the company. They […]
GMAC Mortgage Death Watch
Bloomberg announced today that GMAC Mortgage is closing 200 offices and dismissing 5000 employees. This just keeps getting worse and […]
Feds Seize Two Local Banks
But don’t worry, your funds are safe and accessible through Mutual of Omaha according to online sources. Just another sign […]
