Posted by: The Tim

Tim Ellis is the founder of Seattle Bubble. His background in engineering and computer / internet technology, a fondness of data-based analysis of problems, and an addiction to spreadsheets all influence his perspective on the Seattle-area real estate market.

2 responses to “Weekly Twitter Digest (Link Roundup) for 2012-05-12”

  1. Kary L. Krismer

    This article isn’t making a lot of sense.

    http://seattletimes.nwsource.com/html/realestate/2018184512_realrefis13.html

    They claim that the refinance HARP borrowers should be getting lower rates than what they are getting. But it’s not clear why, other than they claim competition will accomplish that. When they’re all being sold to the same source, and processor compensation is apparently based on loan amount, I don’t know why that would be the case.

    And the criticism seems odd too. Hard to see how this is kicking the can down the road when most of the refinances owe less than 105% of value.

    What is surprising is the volume of these transactions.

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  2. Ray Pepper

    RE: Kary L. Krismer @ 1

    Take a day off Kary..Looks like Tim has taken a few…may I suggest this for you:

    A little Cheesecake Factory (Caesar Salad) and a movie that I really really loved and not since Kick Ass was I so surprised…I know you liked Kick Ass so may I suggest this on THE BIG SCREEN:

    http://www.youtube.com/watch?v=eXfc12BqFkc

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