My favorite personal finance blog Get Rich Slowly gave me a heads up earlier this week about an excellent radio piece that you should make the time to listen to. It’s titled The Giant Pool of Money, and you can download the mp3 for free through the 18th of this month. They interview a handful…
Tag: mortgages
More Bad News for WaMu
How about a few more WaMu updates. The (bad) news seems to keep coming for the Seattle-based bank. First up, a look back at how WaMu got itself into this mess, courtesy of the Seattle Times: Where WaMu went wrong. This article has its own thread in the forums, so be sure to check that…
Stare Down: who blinked first? The loan officer or the borrower?
You know the drill. You and your siblings pile in your parent’s 1982 Chevrolet station wagon for the long 10 hr. drive to the summer vacation hot spot. Lots of games took place and many were invented to pass the time: Hold your breath through the tunnel, Stratego (tough in a bumpy ride), card games…
Saying there are no performance enhancing drugs in professional sports….
…is like saying there was no fraud that took place during the last few years in housing. No loan officers falsified loan documents There was no signature fraud No escrow/title agents producing phantom Settlement Statements No complicit real estate agents in the loop No complicit Notary Public signers No fraudulent appraisals No cash back post…
Will Higher Government Loan Limits Boost Seattle’s Market?
I apologize for not making a more timely post on this subject, but it’s taken me a while to wrap my head around everything that’s really going on, and rather than spit out an uninformed piece full of quotes from equally uninformed newspaper reporters, I thought I’d do some actual research first. So here’s what…