Entries from October 2009

Mortgage Related: BB&T Warehouse Lender, CRE Weak, Ocwen, FHA Loans, Option arms and Reverse Mortgages, PMI & HAMP, HAMP 4506T, Servicing Writedowns

October 25th, 2009 · No Comments

  BB&T Steps up Warehouse Lending – By AUSTIN KILGORE – BB&T Corporation renewed its commitment to warehouse lending by naming Jeff Ellison president of its mortgage warehouse lending division that provides short-term financing to mortgage companies. … Fentress added: “After evaluating the business model, we plan to continue in [...]

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Tags: Mortgage Market

$8000 Tax Credits: Evaluation, Fraud, Real Costs

October 25th, 2009 · No Comments

  Donovan: Administration Needs Time To Evaluate Tax-Credit Costs – BY JOHN CLAPP – Proposals to extend and expand the federal home buyer tax credit received much support in a Senate Banking Committee hearing Tuesday, including a strong endorsement from Committee Chair Chris Dodd, D-Conn.  Despite the pro-extension sentiment on [...]

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Tags: Mortgage Market

Youtube Videos: Beatles, Stones, U2, Elvis

October 24th, 2009 · No Comments

        The Beatles videos (A-Z) on Youtube      Rolling Stones songs A-Z on Youtube     THE QUEEN SONGS ON YOUTUBE (A-Z)     U2 SONGS ON YOUTUBE (A-Z)     has a few. Hattip to J for pointing these out.

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Tags: Mortgage Market

Government and Agencies: HAMP, Snooping, FOMC, Reverse Repos, Home Buyer Credit, GSE Here or Gone?, Janet Yellen, Geithner on TARP, USA AAA, 3 more

October 24th, 2009 · No Comments

  Best HAMP summary I have seen – Anatomy of a Hamp modification – Posted by Tracy Alloway -   FT Alphaville ———— Government Snooping – Crimespotting: the new way to make money on the Internet – Britain, already one of the most snooped-upon nations on Earth, is [...]

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Tags: Mortgage Market