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Posts from ‘August, 2008’

It’s Politics Time and, Once Again “The Onion” Comes Through

Portrayal Of Obama As Elitist Hailed As Step Forward For African Americans
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Home Prices and a River in Egypt

photo credit: Ahmed Rabea
Interesting results from a recent survey from Zillow:
Zillow.com said Wednesday that a majority of homeowners believe their house is insulated from the housing crisis, which has seen 77 percent of the nation’s homes fall in value during the second quarter.
The online real estate company’s second quarter homeowner confidence survey found that [...]

Curtain Falls on My Mortgage Career

My five year stint in the mortgage industry has officially come to a close.  With the recent down turn in the industry many mortgage companies are downsizing and making changes to what they expect from their loan originators. CTX is no exception. Its parent company Centex is closing all CTX retail branches and only keeping [...]

Summary of Recent Changes in the FHA Loan Program

Over the past few weeks we’re received a lot of questions regarding the recent changes to the FHA loan program. I might as well address some of these questions and concerns publicly. The changes are due to the recently signed Housing and Economic Recovery Act of 2008.
Changes to the down payment requirement: The minimum down [...]

Video In Support of Down Payment Assistance

Hat tip: Arizona Mortgage Team

One Nation. Under Stress. In Debt

If you’re looking for a movie this summer, here is one that you may want to see: I.O.U.S.A “One Nation. Under Stress. In Debt.”  I’ve only seen the trailer, so I can’t say how the movie is, but it certainly looks very interesting:

Movie site: IOUSA