I know many readers have asked me to provide information regarding the tightening of lending standards. In researching this (maybe some loan officers that sleuth this site could be much more helpful) I did find the following: August 11, 2006–Federal Deposit Insurance Corp. Chairman Sheila Bair says federal banking regulators are still a few months…
Spotted In Monroe
Name & phone number have been liquified to protect the—well, just as a courtesy. In case you are wondering—no, they are not a REALTOR®, so I guess they don’t have that pesky code of ethics to be concerned with. Thanks to my former coworker JP for the heads up on this.
Slowing Housing Market? NIMBY!
The real estate writers for the Seattle P-I apparently aren’t capable of leaving well enough alone. Even when they print an Associated Press wire report about the serious housing slowdown underway across the nation, they just have to slip in a "but not in Seattle" clause (P-I addition italicized). The "For Sale" signs are staying…
Two More July Anti-Bubble Reports
According to pretty much all the local news outlets, the story of the real estate market in July is basically "things are slowing, but." We’ve covered the major papers, but I wouldn’t want to leave out the King County Journal or the Everett Herald, who both got a piece of the "keep the market afloat"…
Greed at all costs
There is nothing more vile, obscene, unethical and disgusting than predatory lending to the elderly by loan officers with absolutely no moral compass. There is nothing more that I can add to this post. Please read the rules before posting a comment. Seattle Bubble Tip Jar