Barack Obama this afternoon condemned John McCain’s plan for the government to buy bad home mortgages as “McCain’s bailout” for risk-taking banks and lenders. Read the rest of the post here: Obama Calls McCain Mortgage Plan 'Risky' Share and Enjoy:
Continue reading...Tuesday, October 7, 2008
This reduces the likelihood of inflation and is normally good for mortgage rates. [When it comes to mortgage rates, inflation is like the 800# gorilla boogie man.] In addition, the dollar had its strongest week ever against the Euro… … Read the original: Mortgage Blog News - Week of Sept 2- [...]
Continue reading...Friday, October 3, 2008
Our first interview was with PaperMonster (Click here for the inverview) a very skillful stencil artist who has done many shows in NY, NJ, and PA area. For our next interview, we tried really hard to get in contact with Sarah Palin and Hillary Clinton, but to our suprise neither Palin nor Clinton have yet [...]
Continue reading...Monday, September 29, 2008
Many of you reading this may be familiar with the recent passing of the Housing and Economic Recovery Act of 2008. You may click here to read my previous blog posting to get a basic understanding of how this newly passed law effects you. One of the major provisions provides a $7,500 tax credit to [...]
Continue reading...Monday, September 29, 2008
What is happening to America? Since World War II we used to lead the world in economic production, productivity, innovation, and most importantly the will to succeed. We reached for the moon as proof that our boundaries in achievement were limitless. Yet today the keyword for our society may well be that it has limits [...]
Continue reading...Sunday, September 28, 2008
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Continue reading...Monday, September 22, 2008
Well so much for the promised bailout saving the day. Hopefully you’ve notice the Dow was down over 350 pts. today ? Oddly enough up until last We/Th a 350pt. day on the Dow would have gotten my adrenaline going but now…shrug. So, what’s next ? That is the question, ain’t it ? As usual [...]
Continue reading...Sunday, September 21, 2008
Say “Ka-Ching!” McCain Poses with Chief Lobbyists for Fannie Mae and Freddie Mac McCain Hypocrisy Exposed. McCain campaign chief Rick Davis was paid $2 Million by an astroturf lobbying firm set up by Fannie Mae and Freddie Mac (the “Homeownership Alliance”). (More and more, it seems you can safely assume any attack from McCain is [...]
Continue reading...Thursday, September 18, 2008
United Arab Emirates: Despite the UAE’s economic boom and the prevailing liquidity of the market, the local mortgage industry is still constrained by governance and transparency issues, lagging behind more developed countries, … Read the rest here: Transparency essential to consumer confidence, says mortgage … Share and Enjoy:
Continue reading...Tuesday, September 16, 2008
Even if you don’t blame McCain, per se, for the Wall Street meltdown this weekend, there is no getting around the fact that the Republican Party mania against the federal regulatory agenda protecting consumers and workers has been part of the McCain gestalt from the time he was first elected to Congress. But Obama hit [...]
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Thursday, October 9, 2008
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