Lenders are now rejecting Alternative Credit Profiles offered by borrowers when applying for a mortgage.   Borrowers must provide proof of adequate income, down payment and post
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Come on! I have seen a few blips and conversations on cable news shows about the new stall tactic to stop a foreclosure. An angry politician from Ohio, a sleazy lawyer with an internet
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To all the teachers that wanted to close their mortgages this week while they were off from school, we are sorry we could not accommodate you. Our hardworking and dedicated Educators
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TARP might be tarnishing the borrowing banks financial statements.   I had a nice chat with a colleague who works for a medium size regional bank. Constantly boasting the strength
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  I was home last night flipping through the news stations and landed upon CNBC’s David Faber hosting “House of Cards”.  A two-hour special which documented the history of
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Today is Friday the 13th day of February, 2009.   The House passes the stimulus Bill and the Administration moves forward with the plan to help ailing homeowners stay in their homes
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No mudslides this week, but pullbacks on mortgage opportunities fall on the great State of California.   Major lenders are no longer allowing interest only payments on mortgages,
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Banks have been weird about their mortgage rates over the past few weeks…and months. We all know why…..covering the old butt!   For the past few weeks, it was better to lock in for
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 I just spoke (via email) to a good friend of mine who has been an appraiser for the last 20 years. After the how are you’s? Crappy….. and the how is business?…… awful, the conversation
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So, I am not a big believer in throwing good money after bad, E for effort, giving someone a second chance to get away with it again or rewarding people that tried to screw the system. Yeah,
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