admin | March 29, 2009

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With the bottom not in sight according to Scott Pelley’s report, the government’s mortgage buyout will not work.
The question becomes why are we spending this money on bail [...]
Category: mortgages, real estate |
22 Comments »
Tags: cbs, inflation, lending institution, money, mortgage companies, real estate
admin | March 28, 2009
We are only half through this crisis according to Scott Pelley’s report.
Option arm and interest only loans have not hit the market yet.
Interestingly enough, the second mortgage crisis would not have existed without these so called “ninja loans”, the option arm and the interest loan.
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It is time to refinance if you qualify. [...]
Category: mortgages, real estate |
20 Comments »
Tags: cbs, mortgage, mortgage crisis, real estate, scott pelley