ARCHIVED BLOG POSTS

2007 

From the San Francisco Chronicle: "On Tuesday, Wells Fargo said it will set aside $1.4 billion for home-equity loans it expects to go bad in 2008 and 2009. What it didn't say in its news release was that these are not loans to borrowers with subprime credit scores. 'This was a prime portfolio,' W...
11/30/2007
. "Extra..Extra...Read all about it!!!"  Big news in the mortgage market yesterday and today...the 30-Year Fixed Rate Mortgage is pricing below 6%! That's the lowest level we've seen since October 2005; that's (2) two full years ago!It seems rates are all ready hedging downward in anticipation o...
11/30/2007
See this computer here on the left? That's my little piece of hardware...my laptop! It's where I do my research, write articles, check emails, take notes, write loan applications, etc. Truth be told I'm probably not functional without it! I mean sure I have another laptop that serves as my back-u...
11/29/2007
North East Los Angeles is comprised of Eagle Rock, Highland Park, Mount Washington, Glassell Park, Montecito Heights, Cypress Park, Lincoln Heights, El Sereno, Monterey Hills and other surrounding communities.  For those of you that know me, I work the area of North East Los Angeles; I have refin...
11/27/2007
1. Buying A HomeAND 2. Getting Married - (but don't show your spouse that you're stressed or you'll lose the engagement!)BUYING A HOME is a stressful undertaking primarily because of the large expense! I mean think about it... Let's say that you earn a $75,000 yearly salary and you want to purcha...
11/26/2007
It seems this has been the trend in recent months; at least since August...Under-performing portfolio = fewer earnings = job cutsFrom MarketWatch: "Citigroup shares fell under $30 for the first time in five years at one point on Monday after CNBC reported the firm could lay off up to 45,000 staff...
11/26/2007
Carnac predicts that by the end of the day there will be 1145 of those sugary Thanksgiving Posts here. -- Linda Davis Well Carnac, I didn't want to let you down so here's my toast to a Happy Thanksgiving to all!!! With that, I sound off to stuff myself full of Turkey and Ham!
11/22/2007
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"The rules had become so ambiguous and the lack of enforcement of rules of fiduciary duty and integrity had become so pervasive that everybody was playing improperly. The rules themselves needed to be changed." -- Eliot SpitzerAs my esteemed colleague Jason Sardi put it, as the market has changed...
11/21/2007
In this series of posts outlining the mortgage application process while pointing out potential pitfalls, I said that I would answer some basic questions for you. Questions such as:  "€œWhere do I start?""€œShould I go with a Banker or a Broker?"   Well, in our previous article, The Mortgage Appl...
11/19/2007
[This is the first in a series of upcoming posts outlining the mortgage application process while pointing out potential pitfalls.]  Home Buyers will often ask...  “How do I get started?”“Where do I start?”“Should I go with a Banker or a Broker?”“I should shop around but how do I know I’m getting...
11/19/2007
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Ricardo Bueno

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I work for Diverse Solutions, Inc. a real estate technology firm based in Irvine, CA. We offer Mapping IDX Solutions and a WordPress IDX Plugin to make real estate agents more successful. Overall, I'm passionate about marketing and technology for the real estate industry!