photo by RedAgenda In recent times builders have been offering residents of old buildings a handsome amount to get a refurbished flat with additional space. Who will not grab such a tempting deal? The flat seller not only gets the cash, but also gets a monthly rent for his temporary accommodation. Once the [...]
Continue reading...Friday, October 3, 2008
And if some institution, such as WaMu, is forced to unload investments at fire- sale prices, then everyone else must mark down the value of their mortgage investments. And when the investments lose value, the banks must come up with … Read the rest of the post here: Mark-To-Market Share and Enjoy:
Continue reading...Thursday, October 2, 2008
Yes Washington, hedgefunds did cause this. Fannie Mae and Freddie Mac, the largest hedgefunds of all time. This is disgusting. What a waste of time…they are hell-bent are taking all liquidity out of the markets. -Best, Mr Mortgage . More here: Rome Burns & Washington Looks For the Bogeyman
Continue reading...Tuesday, September 30, 2008
President Bush’s plan to bail-out the banks by having the US government buy troubled mortgage -backed securities is the wrong way to fix this problem. This is like handing a $700 billion blank check to the people - bankers and investors … More: Peter Dreier: How to Fix the Mortgage Mess 101 Share and Enjoy:
Continue reading...Monday, September 29, 2008
Should the taxpayers bailout the banks? What do you think? The same consideration should be given to hiring a REALTOR & Mortgage Broker as hiring any other professional. When I look for [...]
Continue reading...Sunday, September 28, 2008
Many of the loans were mortgage loans, and the value of those loans fell when the housing bubble burst. (Risky, and in some cases deceptive, mortgage practices had contributed to the bubble.) What made the situation worse was that … More: The $700+ Billion Bailout–Posner
Continue reading...Tuesday, September 23, 2008
I was in Mill Creek earlier this evening having sushi with my daughters and everytime we drive down into Mill Creek I say the same thing: “I remember when this whole place was nothing but trees!” They’ve already heard the stories about how I use to leave the house at dawn with the neighborhood boys [...]
Continue reading...Monday, September 22, 2008
Over recent weeks a number of mortgage lenders in the UK have cut the interest rates on some of their mortgage products, giving consumers hope that affordability may become a little easier. However, a recent report has suggested that … More: Mortgage cuts will benefit those that are well off Share and Enjoy:
Continue reading...Thursday, September 18, 2008
We are entering the next stage of the credit crisis and one which is potentially more troubling than what we have seen over the past year absent some policy reactions by the central banks and governments world wide. The crisis was started by an intense run up in leverage by financial institutions and investors world [...]
Continue reading...Tuesday, September 16, 2008
Real estate agents and brokers sell a lot of real estate . We know how to manage a real estate transaction. We also know that the bank or mortgage company property owners have no experience or knowledge about selling real estate and … See the rest here: WHY [...]
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Thursday, October 9, 2008
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