Weekly Digest for 2009-02-15

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 […]

Weekly Digest for 2009-02-08

[Housing Market] Rise in Pending Home Sales Reveals Glimpse of Bottom – http://tinyurl.com/bdnpee # [InterestRates] Colorado Mortgage Rates Climbing – http://budurl.com/wasw – (JBermanGroup rates lower than state average!) # Powered by Twitter Tools.

Weekly Digest for 2009-02-01

[FHA] Default rates rising among FHA-backed loans – http://budurl.com/h7u9 # [Subprime] Delinquency rates on prime mortgages surpass subprime loans – http://budurl.com/77ne # Rates deteriorating across the board. The wild ride continues. # [Housing Market] New-Home Sales Tumble 45% – http://budurl.com/pjjc # Powered by Twitter Tools.

Weekly Digest for 2009-01-18

[NAR] Realtors’ Former Top Economist Says Don’t Blame the Messenger (Associations are the new unions) # RT: @mortgagereports: (Mortgage markets open worse this AM) + (New Fannie Mae fees) A potentially bad day for rate shoppers. # [Smart Money] Nine Methods for Mastering Your Money in 2009 http://budurl.com/rfcj (LifeHacker’s plan, what is yours?) # [Colorado Enforcement] AG Suthers reaches settlement with mortgage companies – http://budurl.com/ahx5 # Powered by Twitter Tools.

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