Don’t let this happen to you at the next mortgage conference:THOUSANDS PROTEST CORRUPTION
Maybe this person works for the Treasury Department, and the spill impacted the plans for Freddie and Fannie - which could be why the plans, which are “required” by the end of January per Dodd-Frank, have now been pushed back until mid-February. ”
Officials [...]

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Bank of America spent $1.5 billion on legal fees in the last three months of 2010. Sometimes we have trouble imagining big numbers. In the US, our median household pretax income is about $50,000. If a household were to work for 300,000 years, it would earn $1.5 billion dollars. (300,000 years ago was about the [...]

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It’s Friday, so why not throw in something unrelated to mortgages? Anyone in a really cold climate and even those not, will find this pretty neat:  BoilingWaterInstantSnow
The Jonas Brothers help lock down the top spot for an affluent neighborhood? JonasRealEstate
“I went to the butchers the other day and I bet him $50 that he couldn’t [...]

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Some would say that the winning bid for this website domain name represents the change in mortgage lending in the last 5 years: OPTIONARMS
And here is one quote that I received recently which also represents what many seem to feel. “I love my job but it’s really the industry I dislike right now.”
Companies in the [...]

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