lending

Commentary

Mortgage Brokers Get The Final Dagger In The Heart

by Rob K. Blake | February 14, 2009

Even if you’ve been living in a cave for the last few years, if asked, “Who caused the mortgage meltdown?”…the mortgage debacle that triggered a bank implosion and a real estate market slide that would make a Japanese landlord cringe… You’d answer…”Those greedy mortgage brokers are the cause of this mess.” Why would you pull [...]

15 comments Read the full article →
Commentary

Will The Feds Nationalize Bank of America?

by Rob K. Blake | February 7, 2009

There is a plethora of speculations buzzing around Wall Street with the central theme being Bank of America (NYSE: BAC) our nation’s largest bank…and biggest “cleaner upper” of the financial crises buying both Merrill Lynch and Countrywide Home Loans before they collapse…is going to get “taken over” by the government. Oh my God! The sky [...]

4 comments Read the full article →
Economy

Geither to Announce Bailout Plan Monday – Will Credit Start Flowing Again Soon?

by Joshua Dorkin | February 6, 2009

According to the AP, Treasury Secretary Timothy Geithner is set to give a major speech on Monday to outline the $700 billion rescue plan. As a part of any bailout package we’ll see, the government will certainly make some major moves in the real estate and banking space. Meanwhile, real estate lobbyists were pressing the [...]

0 comments Read the full article →
Commentary

Fed Research Sheds Light On Reluctance Of Subprime Lenders To Modify Loans

by Rob K. Blake | January 17, 2009

I came across a research paper published by the Boston Federal Reserve Bank where the researchers looked into among other things a mathematical formula that demonstrates subprime lender have little financial motivation to modify mortgages facing default. This research I thought was interesting because I am caught between wanting the government or the lenders to [...]

6 comments Read the full article →
Commentary

Madoff Scandal Fallout: Do Investors Care?

by Matt Pitcher | January 10, 2009

This was a question posed by an editorial in a prominent financial news media publication recently. I have asked myself the same question. For those of us whose primary objective is raising capital and attracting authentic, unique, and compelling opportunities for that capital, the Madoff scandal could not have come at a worst time. Or [...]

1 comment Read the full article →
Commentary

The Latest Dynamic Duo Disaster In The Making

by Rob K. Blake | December 6, 2008

I call the Bernanke – Paulson twosome the Dynamic Duo because what they devise to solve our financial crisis is no more ridiculous than the far-fetched ways Batman and Robin used to escape sure death in the campy TV show. Unlike the TV show, I’ve stopped rooting for this financially bungling Dynamic Duo to succeed. [...]

0 comments Read the full article →
Commentary

Steer Clear of Loan Modification or Foreclosure Rescue Practices

by Rob K. Blake | November 22, 2008

I got an email a few days ago from the Colorado Department of Real Estate, the mortgage broker regulator, outling their new interpretation of “Loan Modification” as “mortgage brokerage”. I guess they are getting a lot of complaints from foreclosure victims who lost money to grifters posing as “Foreclosure Rescue Specialists” that promise a loan [...]

1 comment Read the full article →
Financing Real Estate

Private Investing in Real Estate Trust Deeds, in Simple English.

by Rosie Nieto | November 11, 2008

Well, that question is what I have spent the last week and half – UNLEARNING.  You see, I am a real estate investor and I, like many other investors, am always working on raising private money to use to close my deals fast (or, in this hellacious market – to close them at all!)  That [...]

6 comments Read the full article →
Mortgages & Lending

The State of Lending: Trader Uncertainty Anyone?

by Steve Heideman | October 27, 2008

The Chinese have a saying: “May you live in interesting times”. Well, I don’t think there are many people out there who think that things have been boring lately. In the last weeks, mortgage markets whipsawed as the Dow Jones Industrial Average recorded both its largest one-day point gain and second-largest one-day point loss in [...]

1 comment Read the full article →
Commentary

What Is The Real Reason For The $700 Billion Bailout?

by Rob K. Blake | October 11, 2008

I promised you last week after outlining my belief the “frozen credit markets” was a contrivance by Fed Chairman Ben Bernanke and Treasury Secretary Hank Paulson, I’d spill the beans on why the dynamic duo wanted to lay their hands on $700 Billion since it wasn’t needed to thaw out anything. So here goes..and I [...]

4 comments Read the full article →
Mortgages & Lending

Who is Left to Invest in Real Estate?

by Troy Schuricht | October 9, 2008

As the financial markets melt down will there be anyone left to invest?  Or better yet, are there any lenders available to finance investment properties? I received this email today from a client and I feel that is important for a couple of reason, both which we will get to later. Hi Troy, I was [...]

2 comments Read the full article →
Credit

Who Needs Regulators: Banks Establish $70 Billion Loan Program to Protect Liquidity

by Joshua Dorkin | September 15, 2008

Update: The Dow ended up closing down 504 points for the day The past 24 hours have been about as chaotic a time as Wall Street has seen since Black Monday or possibly the Great Depression. Here are a few highlights: We’ve seen one of the top investment banks fail to secure a bidder and [...]

2 comments Read the full article →
Foreclosures

Feds Will Not Freeze Foreclosures

by Rob K. Blake | September 14, 2008

Now that the government controls the GSEs (Fannie Mae and Freddie Mac with their $6 Trillion dollar mortgage portfolios, they could freeze all foreclosure actions dead in their tracks. That is exactly what a group of Senators including Bob Casey, Charles Schemer, Robert Menendez, and Sherrod Brown asked the new GSE conservator, FHFA Chief, James [...]

2 comments Read the full article →
Commentary

How Three Commercial Mortgage Brokers Saved My Backside!

by Rob Powell | July 26, 2008

Greetings from a jam-packed airplane headed North. I am on my way to go Walleye fishing in South Dakota. I am not an avid fisherman by any means and I have no idea how to fish for Walleye….but off I go to make new friends and to reconnect with another. Anyways…. As some of you [...]

6 comments Read the full article →
Financing Real Estate

Real Estate Investors – Learn Where to find Portfolio Lenders

by Troy Schuricht | July 17, 2008

Last week I spoke about why Portfolio Lenders are important to investors, but the bigger question may be how to find them.    Tracking down a financing source is never an easy task.  Many individuals have no idea where to start so they usually talk to there personal bank first.  While the likes of Wells Fargo, Chase, Bank of America and [...]

3 comments Read the full article →

← Previous Entries

Next Entries →

Copyright © 2004-2012 BiggerPockets, Inc. All Rights Reserved.
BiggerPockets® is a registered trademark of BiggerPockets, Inc.