Who would want a mortgage company in the first place right? Well, plenty of banking groups, real estate firms, and global financial services companies are seriously looking to the opportunities relating to “mortgage market share.” If you control the mortgage, you have a good chance of controlling the equity line, checking & savings, insurance, auto […]
BoA and Countrywide—Is an Era of Consolidation among Us?
January 18th, 2008 · No Comments
Tags: Industry News · Mortgage
Freezing Mortgage Rates: Paulson’s Problematic Plan
December 10th, 2007 · No Comments
Treasury Secretary Henry Paulson and Housing and Urban Development Secretary Alphonso Jackson held a press conference last week to discuss the Bush Administration’s current objectives to aid struggling homeowners in an effort to stave-off foreclosure. While I love Jackson’s efforts to increase FHA lending limits and his support of the FHA Secure initiative, Paulson’s “big-plan” […]
Tags: Foreclosures · Industry News · Subprime · adjustable rate mortgage
The Real Estate Market: Where’s the Bottom?
December 4th, 2007 · No Comments
This seems to be the question I get from my friends-at parties, dinners and relatives. “Dave, when do you think the real estate market will hit bottom?”
That’s the big question these days, and I’m not sure that anyone has a definitive answer to it. Some of the greatest minds in this sector of the economy […]
Tags: real estate market





