From the monthly archives:

March 2007

Feds propose a Mortgage Contract

March 28, 2007

Mortgage Contract in the works?
In testimony on Capitol Hill yesterday the idea of creating a 1 page disclosure document signed by both the borrower and the loan originator was proposed by Alex J. Pollock, Resident Fellow, American Enterprise Institute.
From an article on BrokerNewswire
To educate borrowers, Pollock introduced the idea of a one-page disclosure [...]

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Bueller, Bueller, Bueller -

March 22, 2007

Ben Stein says there is no sub-prime crisis
Watch here…
http://www.cbsnews.com/sections/i_video/main500251.shtml?id=2582087n

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Celebrity Mortgage Bloggers and Real Estate Bloggers

March 22, 2007

This is not what this was intended for but what the heck…. these are mortgage bloggers and real estate bloggers from the Active Rain community. Mouse over them for a zoom and then click the photo and then see this item online to see their profile… this was designed for shopping sites but you [...]

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Scandalous tales of Sex, Lies and Thievery

March 22, 2007

No this is not a blog entry about a new CBS drama series but instead a lurid tale of New Century the poster child of abuse for the sub-prime mortgage industry. Writing in his blog a supposedly ex-employee of New Century writes of sexual harrassment, mortgage fraud, Las Vegas hot tub parties and the [...]

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Adjustable Mortgage Resets

March 21, 2007

Mortgage Reset Data
Looks like a busy year for sub-prime adjustable to fixed. This will probably boost the use of 40 year and 50 year fixed mortgages as the exotic products are removed from the market.
This chart is from a blog but the original is from
Credit Suisse Fixed Income Mortgage Strategy

http://www.autodogmatic.com/forum/viewtopic.php?p=1226#1226

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Fingers Point as the Sky is Falling

March 20, 2007

Reading many of my favorite mortgage blogs lately it seems everyone is pointing fingers regarding the “sky is falling” attitude of many mortgage industry participants and pundits. National news media and the channels like CNBC mention the subprime mortgage crisis every 15 minutes….
perhaps this could be a new drinking game – chug [...]

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Free Mortgage Blogs

March 13, 2007

I recently offered free mortgage blogs on my site www.mortgageblogs.com. Unfortunately things didn’t work out that well.
Most of the people that took advantage of the free service set up spam sites filled with keyword stuffing for all the various non-sense that is the world of internet spam and junk. I should have known [...]

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Real estate blogging event

March 6, 2007

Bloggers Connect
Tuesday, July 31 – Wednesday, August 1
San Francisco (where else?)
Real estate bloggers from around the globe are gathering in San Francisco for a two-day real estate blogging networking event. Enjoy face time with your colleagues in the real estate blogosphere including ample party and networking time along with sessions that will help you gather [...]

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Have a Mortgage Blog without having to blog

March 5, 2007

A new service called BringTheBlog promotes the ability to blog without blogging!
From their web site
“Stop Worrying About “Having Time To Blog”
Every business day, we post new, consumer-focused content to your blog for you. That way, you never have to worry about your blog going “stale” when you don’t have time to write. Heck, you never [...]

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Mortgage Blog Search Engines

March 2, 2007

The newest thing I have heard is the development of a special search engine just for Mortgage Blogs. This is a meta search that will search all the mortgage blogs out there and return results that match the search criteria…. sounds like a nice tool if this works.
I will research this and report the [...]

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