Christopher Karalis's (chris) Blog

Swiss bank, the latest European bank entangled in the U.S. subprime market, has a $1.5B loan to the troubled mortgage lender.Read this tell me what you think, NEW Century closed there doors last week, now they are trading again? I smell BK!!!! That means they will still lend and at a discount!!!!...

The worst Case!!! The worst case: Distress already evident in the riskiest part of the mortgage-lending industry turns into a full-scale credit crunch that cripples the housing market and the economy. This is what bloomberg said today about the industry and what our rates are doing? Housing start...

If a lender turned your client down give me a shot!! If you didn't know and need a lender!!!! Loan 140.com is a full service mortgage lender and broker. We pride ourselves on our extensive knowledge of all aspects of financing. With over 17 years of mortgage experience in residential, commercial,...

I know that it is very difficult for some homebuyers to scrape together enough money to cover the down payment and even closing cost, but I will stick by my advice that you should always hire a professional home inspector when buying any property. I would never consider buying a house or condo wi...

  Yes we are in 2007, but these are homes that have been on the market since 2005, over 730 days on the market!!! whats wrong with these agents why can't they find borrowers??????   No. 1 Price: $75 million Location: Bridgehampton, N.Y. For the ultimate price, you can have the ultimate in luxury-...

Did you guy's see this? The firm responsible for compiling the Dow Jones index has promised an investigation after admitting that its calculations were running 70 minutes behind live trading at the height of yesterday's downward lurch in American shares?. So was this false?  Angry dealers demande...

The Dow Jones industrials, briefly down as much as 545 points, finished the day off 416 points, or nearly 3.3%, to 12,217. The Nasdaq Composite Index plunged more than 96 points, or 3.9%, to 2,408, and the Standard & Poor's 500 Index tumbled about 50 points, 3.44%, to just under 1,400, its lowest...

The worst case: Distress already evident in the riskiest part of the mortgage-lending industry turns into a full-scale credit crunch that cripples the housing market and the economy. This is what bloomberg said today about the industry and what our rates are doing? Housing starts plunged 14.3 per...

According to Sallie Mae, which owns or manages student loans for more than 7 million borrowers, the new repayment rate for student Stafford loans will be set on July 1 at 4.06 percent. That's nearly two percentage points less than it has been for the past year.   The new rate for PLUS loans, whic...

I got a huge kick out of this when i saw this!!!! Here at MoonEstates.com you can purchase right now, on line, your very own piece of land on the Moon, Mars or Venus.In 1980, an American called Dennis Hope now known as the Head Cheese claimed the Moon and all other planets and moons in the solar ...