JONATHAN's Blog

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Mortgage and Lending - AMERICAN AFFORDABLE HOMES
RECENT BLOG POSTS
  To any readers of this post I am just wondering out of the main headline agenda's which is more important to you and why? Here are some of the main goals for the new administration: Mortgage reform/ lending reform Recession bailouts Improved public schools Building a more green economy Bring an...
12/18/2008
With today's news of the Fed cutting the rate to record lows I hope that this can help the refi boom but one problem that still exists is that allot of people can't refinance not because of their interest rate but because they have negative equity in their property. But at least the ones that do ...
12/16/2008
Today I had to go to sprint to get my phone replaced due to a faulty unit and while I was there I was with the manager and I noticed allot of people were buying new phones but had perfectly good phones presently. I am not attempting to judge how much money people have at their disposal but it doe...
12/10/2008
I just posted a Blog yesterday about Pyramid schemes trying to steal your money and ironically today three people in my company were approached by a juice company saying they had an innovative product that would make them rich but wanted them to pay them to sell the product and bring them as many...
12/09/2008
Because the economy is having a ruff time people are looking for extra ways to bring in some income which has open the door for many so-called MLM (Multi-level marketing) schemes to look attractive and scheme innocent buyers out of their money. Allot of Real estate professionals have been targete...
12/08/2008
Has anyone had clients negotiate favorable loan modifications without going through a chapter 13 or anything of that nature?  Has anyone had a client that has been successful with a short refi??? Lastly does anyone have any clients that were fortunate enough to benefit from the H4H HOPE FOR HOME...
12/08/2008
For those that are familiar with the Hope H4H Refi program that went into action on the first of October, it hasn't helped to much at all due to the fact that no mandate came with it. It seems to be a fully volunteer program and since banks aren't sure whether other banks are volunteering themsel...
11/17/2008
I am working with many lenders and as of now most lenders that are receiving assistance from the Government hasn't done anything with the money outside of hold it with a death grip. They are not circulating it into the communities so i am just wondering why did we bail them out? I am working with...
11/17/2008
Please check this link out  http://online.wsj.com/article/SB122477138431362499.html. In the Wall Street Journal they reported;At a Senate Banking Committee hearing they are working to help struggling homeowners refi their homes. This is not the short refi or the H4H program but it seems to be a n...
10/30/2008
Please check this link out  http://online.wsj.com/article/SB122477138431362499.html. In today's Wall Street Journal they reported;At a Senate Banking Committee hearing they are working to help struggling homeowners refi their homes. This is not the short refi or the H4H program but it seems to be...
10/23/2008
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JONATHAN WRIGHT

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