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Mortgage and Lending - AMERICAN AFFORDABLE HOMES
RECENT BLOG POSTS
Today McCain linked Obama to Bush policy's (front page on Wall Street Journals website); has anyone looked at both of their policy's and compared them to the Bush administrations policy's? If so, which candidate would you suggest are creating policy's that are more similar to the Bush administrat...
10/23/2008
With everyone going crazy over banks not having enough money to pass out so much credit we sometimes forget to appreciate what we already have. I was just saying to another blogger that wrote a nice blog that maybe this was a chance for people to slow down with their spending and start living wit...
10/07/2008
With everyone going crazy over banks not having enough money to pass out so much credit we sometimes forget to appreciate what we already have. I was just saying to another blogger that wrote a nice blog that maybe this was a chance for people to slow down with their spending and start living wit...
10/06/2008
Thanks for the comments bob, I know FHA is doing well but remember FHA has a limit and even though they are attempting to have the limit raised up but as of now conforming loans are any loans under 417k and anything above that amount is considered jumbo and those are the loans I am attempting to ...
11/02/2007
1 Comments
Since the non-conforming loans have lost many investors the market for non-conforming jumbo loans have fallen. I am wondering what lenders are actually closing jumbo loans at the least LTV of 95%? If any of you guys have worked with any lenders in the last few weeks or if you are a lender that ar...
11/02/2007
Thank you for the comments; ever since all of these foreclosures and investors in bonds backed by real estate haven't been receiving dividends on time, the market has plummeted because no one is investing in them  anymore and with that lenders warehouse lines are so tied up they are being forced ...
08/09/2007
4 Comments
Because the recent decline in real estate backed bonds, the market is hurting. Does anyone have any suggestions to adjusting to the new conditions of the market???
08/09/2007
I entered a post entitled "What is happening to sub-prime?" on 3/30/2007 that seemed to ruffle a few feathers. My colleagues asked me to elaborate further on my comments and maybe ruffle a few more feathers. In my last post I made some bold statements that were retained by some as a matter of opi...
04/09/2007
The sub-prime market is going down due to bad loan officers placing people in loans that they couldn't afford. If a person loses their job then of course they couldn't afford to pay their bills anymore but if nothing has changed since you originated the loan then the person couldn't afford the lo...
03/30/2007
Rainer
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JONATHAN WRIGHT

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