Mortgage
Economic stimulus package, has it helped?
Friday, March 28th, 2008I read a great article about the new conforming loan limits today in the san Jose Mercury news. It echos everything I have been seeing from the lenders. I was hoping that the economic stimulus package was going to have a larger impact that it has. My phone has been ringing off the hook […]
Feds Announce Plan To Delay Foreclosures
Tuesday, February 12th, 2008WASHINGTON - Homeowners threatened with foreclosure would in some instances get a 30-day reprieve under an initiative the Bush administration announced Tuesday.
Dubbed “Project Lifeline,” the program will be available to people who have taken out all types of mortgages, not just the high-cost subprime loans that have been the focus of previous relief efforts.
The program […]
NAR Says Economic Stimulus Legislation Will Help Jumpstart Sluggish Housing Market
Monday, February 4th, 2008WASHINGTON, January 29, 2008 -
The National Association of Realtors congratulated the U.S. House of Representatives and President Bush for their bipartisan actions to help families in need, the housing market, and the U.S. economy.
“We believe the economic stimulus bill approved by the House today is a good legislation in that it can quickly be […]
The Mortgage Meltdown explained in plain English
Friday, January 18th, 2008The Mortgage Meltdown explained in plain English
…and how to turn it around!
I found an article the other day on MSN that attempted to place blame for the current mortgage mess. The article tried to blame several individuals from former Chairman of the Fed Alan Greenspan to the head of Countrywide, Angelo Mozilo. I […]
97.4% of homeowner pay mortgages on time!
Tuesday, January 15th, 2008“News” that never seems to make it into the headlines…
97.4% of homeowner pay mortgages on time!!!
(Scary foreclosures not as widespread as it seems…)
By Dave Walsh
Article Launched: 09/27/2007 07:05:50 PM PDT
SAN JOSE - Just how bad is our local housing market? If you believe the numerous news articles that are bombarding us on a daily basis, […]
Praise the Lord for Hurricanes and Tigers
Monday, January 14th, 2008“PRAISE THE LORD FOR HURRICANES AND TIGERS”
Wow, finally a little breathing room. It took a 100 year storm and a Christmas day tiger mauling to get the media off our backs, and now with the national primaries looming around we think local media finally found something else to play with…at least for […]
Welcome to RE WATCHDOG!
Monday, August 20th, 2007
Welcome to RE WATCHDOG. This sight was developed as a platform to share information about the” true” state (condition) of the REAL ESTATE and MORTGAGE markets in California, specifically, BAY AREA and SILICON VALLEY REAL ESTATE. For the past 23 months the media has kept our industry in the headlines by utilizing some slightly distorted […]