Weekly Digest for 2009-02-15
  • [Summit County Market] Summit County real estate sales down 35 percent in 2008 – http://budurl.com/2ttw #
  • [Beating Down Crooked Lenders] Colo. announces $7.7M settlement with Countrywide – http://budurl.com/ajxd (Nice $500,000 donation!!) #
  • Locking loans, taking apps, rates are low. #
  • The J. Berman Group is pleased to announce that we are now originating loans in New Mexico & Colorado. #
  • Forward from client: Liquidity. A definition: Liquidity is when you look at your retirement funds and wet your pants! #
  • “If we had no winter, the spring would not be so pleasant: if we did not sometimes taste of adversity, prosperity would not be so welcome.” #
  • Today’s Mortgage Quote: “When there is an income tax, the just man will pay more and the unjust less on the same amount of income” – Plato #
  • The US House has approved Barack Obama’s $787 billion economic stimulus package. #
  • Banks are declaring war on brokers and indirectly consumers. Compass Bank in Colorado will not subordinate 2nd lien unless they do new 1st. #
  • New Compass Bk. 1st mortgage is .25% higher than The J. Berman Group 30yr Fixed. Is this in best interest of consumer? No. Avoid Compass Bk. #

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