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There are some new stats coming out about how we’re doing, but first, let’s dispense with some rumors. Our Congress has definitely not gone the way of Greece, our leaders...
Good old Florida is turning out to be pretty scrappy after all. Since being one of the hardest hit areas of the country by the “downturn” they were projected to...
There’s nothing quite like learning something new, even if it’s really absurd trivia. But hey, these are important fun facts that you can use in everyday conversation, or to open...
Your check may be in the mail. That’s right, not a Publisher’s Clearinghouse one, but free money is free money so don’t ask questions. Bank of America will be mailing...
I read an amazing article that captures an amazing message for people everywhere. A lot of life’s most important lessons are learned only while your living it so it’s a...
Here’s a comparison you don’t hear very often: the home-buyer tax credit versus European debt crisis, earthquakes in Japan, and debt ceilings. I just wouldn’t have put all those in...
We’ve reached that special month of May when the year turns serious and kicks into high gear. The weather is warmer (minus some freak NE cold spells), production is higher,...
February was a good month if you’re a house – your average value went up. It might just be a temporary thing but I say milk it for all it’s...
The Senate has begun yet another round of fun-filled meetings to try and make HARP actually work for someone. Now they all admit that the reason the program has tanked...
Best audio player to listen faster, learn faster and have a “sexy” iphone player experience. Visit italkfast.com for more information. Sign up for Updates! Share on...
Guys, I’m proud to say that three new members have decided to join my coaching program. That’s right, three high-profile organizations have actually approached me to learn my secrets. You may have heard of them: Fannie Mae Freddie Mac Federal Housing Administration Um, do I need to repeat those names for you? Those groups currently...
Well, I’m relieved. Fannie Mae’s second quarter losses went down compared to first quarter. So tax payers are less on the hook than they were a few months ago. Fannie “only” took us to the cleaners for $5 billion. And for those keeping score at home we’re at a total of $104.8 billion. Isn’t that...
Okay guys, apparently we’ve had it wrong all along. The whole financial crisis, collapse of the housing market, record unemployment, etc. wasn’t really anyone’s fault. Well, it certainly wasn’t the fault of anyone that we wanted to blame. And certainly not of Freddie Mac and Fannie Mae. Very basically, people all along have been saying...
The summer months are going to be hard on Fannie Mae when they finally arrive. With no heavy overcoats with those deep pockets, and only light shorts with almost no pockets, Fannie Mae will have nowhere to keep the $8.5 billion is just asked the Treasury for. You might be thinking that number can’t be...
Profit is a funny thing. If you look per day, a company can look like it’s doing great, depending on what day you pick. Let’s try expanding to a whole week, then how does the company look? Then try monthly or quarterly. Does the profit still show up? Don’t even bother with yearly, you may...
The President has outlined a few options for the future of Freddie and Fannie, and any one of them will change the fabric of the entire mortgage lending industry. To see some of the possible options, just hear it from the experts: Share on bebo Blog this! Bookmark on Delicious Digg this post Recommend on...
Let’s cut right to the chase today: Fannie and Freddie are on their way out and private capital is on its way in. You can’t put it more simply than that. The government currently guarantees 9 out of every 10 loans in one way or another and that’s just too much risk for taxpayers. It’s...
Should Fannie and Freddie head the way of so many good companies during the recession? Should they finally close their doors for good? And who would fill the void if they were gone? These are the questions lawmakers, bankers, and everyone else will be discussing during the coming months as GSEs come under every more...
If Bank of America continues to get taken to the cleaners by Fannie Mae and Freddie Mac, loans could get much more expensive. To find out why this might happen and how likely it is, check out this video: Share on bebo Blog this! Bookmark on Delicious Digg this post Recommend on Facebook Share on...
You know how you lead a donkey in those old cartoons? The guy would be sitting on top of the donkey holding a long stick. And at the end of the stick hanging right in front of the donkey’s eyes would be a carrot or something else the donkey liked. But as the animal would...
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