RECENT BLOG POSTS
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The numbers that we hear scare us. The market is down 16%, home sales are down 20%, home values are down 25%, bankruptcies have exceeded records. Yet Americans have been here and we will overcome. Some of you are old enough to remember the S & L crisis. A lot of banks went under. The other day th...
08/28/2008
I started work at Merrill Lynch on Monday and I must confess it has been a wonderful experience. After flying on a wing and a lot of prayer for the last 6 years, it was nice to be in a structured environment. What I welcome most is the opportunity to use my brains again.I have done more studying ...
03/27/2008
Mr. Christopher J Onwuasoanya Office: 973-663-2568 x102 conwuasoanya@1stmetro.net Cell: 973-998-1590 http://http//www.bestnjloans.com This email might come as a surprise to you, but rest assured that I have made a very good decision. I have accepted a position with Merrill Lynch in Sparta as a F...
03/19/2008
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I was having a conversation with a friend this morning and he was pretty peeved at the Fed for bailing out Bear Stearns. He felt that we should not be bailing out a company that profited from greed and poor judgement.He then proceeded to tell me decisions that Bernanke had made that he did not li...
03/17/2008
Hello Friends,I took some time off from active rain. During my self imposed sabathical  I had emails frompeople who were upset about my post on the brook haven clinic. I was called a racist, a nazi and basically blamed for all that they were upset about.It was tough having people who knew nothing...
03/10/2008
As many of you know there is legislation that is being debated that will have a very adverse impact on our lives. The net effect will be to get rid of the mortgage broker and drive all the business to the banks.Please vote and let your legislator know how you feel about this bill.I want to clarif...
11/06/2007
Back to Story - Help Countrywide to modify up to $16 billion of mortgages By Jonathan Stempel 59 minutes ago Countrywide Financial Corp (CFC.N), the largest U.S. mortgage lender, on Tuesday offered to refinance or modify up to $16 billion of adjustable-rate mortgages through the end of 2008 to h...
10/23/2007
I got an email from my representative today saying sorry I would no longer be handling your loans. MortgageIT laid me and 85% of the work force off. So call to check the status of your loan files.I was of the belief that the worse was over. I feel bad for the young lady she has a young child she ...
10/02/2007
I have finally accumulated 20,000 points on active rain. In the short time I have been on active rain I have had one featured post and countless post that barely warranted yawns. I came to a point that i started to ask myself the value of being on AR. I had come to ask if I was in for the points ...
10/01/2007
This week Foxtons laid off 350 of it 380 employees. The company's claim to fame was a 2% flat commission. They eventually charged more but at that point they did not stand apart from every one else.A lot of people are of the belief that cheaper is better, but they don't realize that cheaper does ...
09/29/2007
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Christopher Onwuasoanya

local_phone(973) 200-8397
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I use this as an opportunity to educate my business partners and clients. The more informed they are the easier it is for all to understand what our roles are.