rosierains.blogspot.com
ROSIE RAINS: LENDING COME-ONS THAT ARE TOO GOOD TO BE TRUE
http://rosierains.blogspot.com/2007/06/big-bad-fangs-of-countrywide-mortgage.html
Keeping Up With the Mortgage Market. LENDING COME-ONS THAT ARE TOO GOOD TO BE TRUE. Predatory lending is back (did it ever go away? Recently, a client I’ve been working with on refinancing walked into my office with a mailer from a mortgage company. My client wanted me to beat the rate that the company was offering:. 8220;Dear Borrower”. 8226;NO asset verification. 8226;NO Application fee. 8226;NO Credit repots. 8226;NO No third party fees. 8226;NO title, no escrow, or reporting fees. The actual loan bei...
rosierains.blogspot.com
ROSIE RAINS: Appraisal, Appraisal and more bad Appraisal!
http://rosierains.blogspot.com/2011/04/appraisal-appraisal-and-more-bad.html
Keeping Up With the Mortgage Market. Appraisal, Appraisal and more bad Appraisal! Well folks here we are, three years into a recession and we are now over-regulated to the point I can honestly say we can't get anything done! On April 1, 2011 the implementation of the Financial Reform Act written by the genius's Senators Dodd and Frank went into effect and guess what? Home loans are frozen again! Thank you so much for looking out for us! That's essentially what's happened. Posted by Rosie Rains. Follow us...
rosierains.blogspot.com
ROSIE RAINS: April 2011
http://rosierains.blogspot.com/2011_04_01_archive.html
Keeping Up With the Mortgage Market. Appraisal, Appraisal and more bad Appraisal! Well folks here we are, three years into a recession and we are now over-regulated to the point I can honestly say we can't get anything done! On April 1, 2011 the implementation of the Financial Reform Act written by the genius's Senators Dodd and Frank went into effect and guess what? Home loans are frozen again! Thank you so much for looking out for us! That's essentially what's happened. Posted by Rosie Rains. Have you ...
rosierains.blogspot.com
ROSIE RAINS: April 2007
http://rosierains.blogspot.com/2007_04_01_archive.html
Keeping Up With the Mortgage Market. STICKING IT TO WOMEN. What’s up with women as mortgage borrowers? There’s a new study by the Consumer Federation of America. A nonprofit advocacy org. That found a third of women in the boom year of 2005 got mortgages with interest rates over 7.66 percent (well above the average prime mortgage rate of 5.87 percent). Whoa! Thousands upon thousands of dollars more, over the course of a loan – that’s the penalty for womanhood. The high levels of sub-prime lending among w...
rosierains.blogspot.com
ROSIE RAINS: March 2010
http://rosierains.blogspot.com/2010_03_01_archive.html
Keeping Up With the Mortgage Market. Is Our Government Forcing our Banks to Fail? Now that most of the bombs have been detonated and there is loan and bank shrapnel scattered everywhere those of us still standing are wondering where the dust will finally settle. As in most cases where too little has been done too late you are likely to see history repeat itself, like "LOCK THE BARN AFTER THE HORSE IS GONE"! So what to do next? Is is possible the Government is causing bank failure at this point? With tigh...
rosierains.blogspot.com
ROSIE RAINS: STOP THE PRIME-RATE FREAK-OUT
http://rosierains.blogspot.com/2007/06/stop-prime-rate-freak-out_30.html
Keeping Up With the Mortgage Market. STOP THE PRIME-RATE FREAK-OUT. Let's all stop riding the roller coaster freak-out. As consumers and as a country, we all seem to be locked into a periodical cycle of anxiety over interest rates. Every quarter, we rush around like a flock of hens spooked by the shadow of a falcon. Will the prime rate go up? Will the prime rate go down? I say, relax. When Fed chairman Bernanke isn’t being undermined by the loose-cannon comments of former chairman Greenspan, he has...
rosierains.blogspot.com
ROSIE RAINS: Having trouble getting a loan? Follow God!
http://rosierains.blogspot.com/2008/08/having-trouble-getting-loan-follow-god.html
Keeping Up With the Mortgage Market. Having trouble getting a loan? The next phase is the government regulators who regulate what God does, this will take 7 business days. Then another 5 days for re-disclosure of Gods counter offer on the loan, because the government wants to make sure you agree with God. By this time you may have died and gone past the Angels right to heaven and the loan is no longer needed. Posted by Rosie Rains. Have you experienced trouble refinancing? Having trouble getting a loan?
rosierains.blogspot.com
ROSIE RAINS: February 2008
http://rosierains.blogspot.com/2008_02_01_archive.html
Keeping Up With the Mortgage Market. WHAT DO FED RATE CUTS MEAN TO YOU? Consumers are eager to think that when the Federal Reserve cuts interest rates, it means that they should call their friendly neighborhood mortgage broker and inquire about refinancing their home loans. It doesn't always work out that way. So what has been the result? We are still in an unsettled loan market, and everything the Fed has done lately hasn't been able to change that. Posted by Rosie Rains. And other websites. June 29...
rosierains.blogspot.com
ROSIE RAINS: July 2007
http://rosierains.blogspot.com/2007_07_01_archive.html
Keeping Up With the Mortgage Market. STOP THE PRIME-RATE FREAK-OUT. Let's all stop riding the roller coaster freak-out. As consumers and as a country, we all seem to be locked into a periodical cycle of anxiety over interest rates. Every quarter, we rush around like a flock of hens spooked by the shadow of a falcon. Will the prime rate go up? Will the prime rate go down? I say, relax. When Fed chairman Bernanke isn’t being undermined by the loose-cannon comments of former chairman Greenspan, he has...