Broker Compensation Debate
Broker compensation has been a hot topic since the Fed stepped in and starting muddying the waters. Check out what these guys have to say about it and see a glimpse of the...
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Featured Post
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Obama’s Bill of Rights
by Cory Boatright on Feb 03 2012I think most of us would agree that the mortgage industry could do with some more transparency. The murky workings of the underworld of billions of dollars of loans can...
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Big Settlement this Friday – Don’t Miss It!
by Cory Boatright on Feb 01 2012Did you know this week we're going to see another Black Friday? No, don't run out and pick up that weed whacker you've always wanted, it's not that kind of...
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HAMPs Untimely Rebirth
by Cory Boatright on Jan 30 2012Remember that program, you know, the one that was supposed to help every underwater borrower all over the country but ended helping under 1 million? What was that called again?...
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Two Views on Housing
by Cory Boatright on Jan 27 2012Believe it or not (oh yeah, you should believe it) there's controversy surrounding the President's latest plan to mess with the housing market. As he announced in his State of...
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Where Are All The Houses?
by Cory Boatright on Jan 25 2012Watch out everyone! There are less homes for sale now than there were last year. Um, okay that may not be the scariest announcement you've ever heard. And there are...
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I Hate Economists. Don’t You?
by Cory Boatright on Jan 22 2012I always encourage people to put a positive spin on a bad situation. If it's something you've got to learn to accept then why not embrace it and move on?...
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Principal Reductions a Hot Topic in Congress
by Cory Boatright on Jan 20 2012I've been hearing a lot of talk in the comments section about the pressing need to pursue principal reductions for underwater homeowners. Apparently this blog gets more attention than I...
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Fannie Mae Can Keep Their Predictions
by Cory Boatright on Jan 18 2012Let's say you've got a good friend who's been with you a long time. And you know that every single time he gives you advice it ends up being BAD...
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Jail Time for Fraudsters
by Cory Boatright on Jan 16 2012It looks like Michigan is getting tough, or at least trying to look the part. As the entire country has been reeling from the repeated shocks the housing system, Michigan...
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Fed vs. Congress – Who Will Win?
by Cory Boatright on Jan 12 2012Every time I see big shots in Washington arguing with each other I get excited. No, I don't get excited because I think they'll eventually come to an agreement. What...
Goodbye GSEs
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...
2nd Foreclosure Freeze?
Will there be a second foreclosure freeze? Will more irregularities crop among big banks' foreclosure policies? It could very well happen so watch this video to find out...
BofA Making Loans Cost 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...
Banks Push Short Sales
Can Short Sales possibly keep up with the foreclosure market available? That's the question on most short sale investors' minds. Until now banks have consistently favored foreclosures over short sales. But all that may be changing. Banks are...
Bank’s Missing Service
These guys have leveled a challenge to mid-sized banks. They want to see these groups go the extra mile for their customers. If you want to see more improvement in the industry, you've got to see this...
Risky Assets Falling
What fills you with less confidence: seeing more money at risk of bad loans or seeing more banks at risk of bad loans? Basically, is it worse to have institutions fail or money be lost. That's essentially the situation this week. 31 new banks...
Mortgage Lending is Down
As if this kind of news wasn't already obvious to almost everyone out there, residential mortgage lending is down for the coming year. Some studies are even calling the coming decade the "lost decade" for the home finance industries. Next year,...
Banks’ Bad Loans
It seems that the bigger the bank, the bigger the exposure. According to an analysis just released, each of the nation's biggest banks has $20 billion in delinquent loans. Not only that, they each have $40 billion in past-due loans. So each bank...
BofA Freezes Foreclosures Nationwide
Bank of America is now so nervous about their foreclosure process that it's decided to freeze all foreclosures nationwide. Not just in the initial 23 states. They were quick to make sure they covered themselves, though. In their words, "the basis...
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Recent Posts
- I think most of us would agree...by: Cory Boatright
- Did you know this week we're going...by: Cory Boatright
- Remember that program, you know, the one...by: Cory Boatright
- Believe it or not (oh yeah, you...by: Cory Boatright
- Watch out everyone! There are less homes...by: Cory Boatright
