A thought (actually I LOL) just popped into my brain moments ago after reading all the quotes and comments over the last few weeks both here and at Rain City Guide, particularly since mid August when the liquidity crisis hit. This is meant to have fun on the Blog a bit, but I’m also sincere….
Tag: escrow
Cash infusions at CFC continue, WaMu exits warehouse biz, more downsizing
National Mortgage News reports that Countrywide received an additional $12 Billion in secured financing and that mortgage powerhouse, WaMu, is exiting the warehouse biz. In addition, there are rumblings that Countrywide employees may be suing Angelo Mozillo et. al, complaining that the company allegedly cheated them out of millions by concealing the true health of…
What a last two weeks of extremes: Wall Street & Mortgage Mess to a symbol of America’s dark days and accomplishment.
Click to enlarge I just happen to look up at the ticker when I was in Times Square about a week or so ago (8/17) after a quick subway train ride up from Wall Street. Then shortly after, the following message in the picture below showed and I quickly took a shot of it. This…
Drive by commentary: Street of Dreams, I’m not digging any more post $#%!! holes, Red Sox, market, other stuff.
HouseMath 2.0 – Lending Woes – News
I’ve received a few e-mails over the past holiday season, some asking if I disappeared. Yes, I read this and many other Blogs every week. I’m not hibernating. So here’s what’s up: When people decide it’s time to buy in the market this is a cool tool to use. May I introduce the HouseMath 2.0…