Dave Zitting

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BoA and Countrywide—Is an Era of Consolidation among Us?

January 18th, 2008 · No Comments

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 […]

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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” […]

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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 […]

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Tags: real estate market

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