Financing: Pits and Pendulums

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Mortgage and Lending - Equity Bank
An occasionally daily, semi weekly rant, rave and general ramblings about what the mortgage industry is doing, may do and could be doing.
RECENT BLOG POSTS
Today, I'm going to give you 2 small but very important words ofadvice...truly life changing advice...As 2006 rapidly comes to an end, it's time tolook forward to next year and begin now to see what you want to accomplish.Hold on to the reindeer! The piece of advice is NOT about goalsetting, alth...
12/20/2006
I have reproduced here a story that many credit repair companies and attorneys will send you to illustrate how much they know about the credit scoring system.  When in fact this story is far from the truth."I am in the middle of a refi for a loan and the mortgage broker lets me know that my FICO ...
12/17/2006
I read a lot, like most of the folks who frequent these hallowed web pages.  Over the years I have written a lot of material and I wonder how much of what I have written is truly my own work or is it just my assimilation of all that I have read.  In that vein I was reading this weekend and found ...
12/17/2006
Online property valuation websitesSuper discountersInformation Overloaders   I see and read a lot about how online valuation models are hurting the ability of RE agents and mortgage brokers to give real data to clients.  Clients go online and get unrealistic property values and make it hard for ...
12/15/2006
 When real estate investors talk they normally discuss the deals that went wrong.  This defeatist attitude scares many investors away from a very lucrative market.  Using Turn Key Investing, you can significantly improve your investment knowledge and ability to make money in a difficult market.  ...
12/14/2006
One more good reason to make MI an option! Congress approved a bill Saturday, Dec. 9, to make mortgage insurance premiums tax deductible. Mortgage insurance premiums will be 100% deductible for households whose adjusted gross income is $100,000 or less. The bill, awaiting a final signature, is ef...
12/13/2006
I just finished reading the weekly updates of all the mortgage lenders.  The consensus is that the economy is strong, interest rates are stable (about where we were 1 year ago) and housing prices are beginning to stabilize.  I am not sure that really gives a good picture.Actually mortgage rates a...
12/12/2006
Having gone through the steps of getting out of debt the last step is knowing when to get professional help.  Whether you use a professional debt service, personal debt coach, attorney or consumer credit counseling getting someone on your side makes the process go easier.  You have a second opini...
12/10/2006
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Today is the anniversary of the attack on Pearl Harbor.  Please take a moment today and remember the people who have left us a legacy of freedom.  Right or wrong I am extremely happy to live in this country.  I have fought for it and have had friends and relatives die for it.  We may not all agre...
12/06/2006
The two hardest parts of this program:1.  Getting started and doing the initial work2.  Making the Spending Plan WorkHow do you get started and get the initial work done.  Like Nike has said for so long.  Just Do It!  It is not easy, it is not glamourous and it is hard to watch TV while you are g...
12/06/2006
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David Jones

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An occasionally daily, semi weekly rant, rave and general ramblings about what the mortgage industry is doing, may do and could be doing.