Good Morning...Here is today's market update from the Think Big Work Small Guys. Today the boys talk about the Double Dip Home prices that is occuring. According to Standard & Poor's monthly Case-Shiller Price Index there is a deceleration in the annual growth rate with 19 of 20 cities showing
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01/31/2011
Good Morning...Here is today's market update from the Think Big Work Small Guys. This morning the boys talk about the possible come back of procecution of subprime lenders such as Morgage Lenders Network USA and American Home Lenders; these lenders have been paying a document storage company $1
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01/24/2011
Good Morning...Here is today's market update from the Think Big Work Small Guys. Today the boys have a very interesting discussion on new lenders compensation rule. On December 16th the Mortgage Banking Association sent a letter to Ben Bernanke and the Sandra Bronstein, of the Federal Reserve,
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01/20/2011
Good Morning...Here is today's market update from the Think Big Work Small Guys. Today the boys have several comments concerning Citi posting a profit of 1.3 billion dollars in the 4th quarter of 2010, this is their first posted profit since 2007 and a positive sign after their 7.6 billion in lo
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01/19/2011
Good Morning...Here is today's market update from the Think Big Work Small Guys. Today the boys talk about hang ups with 4506T Tax Return Verification, FHA - extending through to next January - the suspension of the Anti Flipping Rule, 30% of people from the ages of 18 to 34 are living with their
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01/18/2011
Good Morning...Here is today's market update from the Think Big Work Small Guys. Today the boys focus on the loss of our Collective Household Equity which has dropped from 2007 to 2009, from 13.5 trilion to 5.6 trillion; a loss of 7.9 trillion, and the lack of reporting on the subject. Some of
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01/13/2011
Good Morning...Here is today's market update from the Think Big Work Small Guys. Today the boys are having a discussion on the home builder Lennar and their earnings increase. Lennar bought into a portfolio of loans auctioned by the FDIC with a share agreement. Since then Lennars stocks have in
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01/13/2011
Good Morning...Here is today's market update from the Think Big Work Small Guys. This morning discussion is concerning higher fees being imposed on loans by Fannie and Freddie. Even with an 800 credit score Conventional mortages will be having Risk Based Mark-ups, no longer is there an incentiv
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01/11/2011
Good Morning...Here is today's market update from the Think Big Work Small Guys. Today the boys talk about Wells Fargo loosing a case in the Massachusetts State Supreme Court who sided with two home owners in getting their homes back after Foreclosure. How is this going to effect doing business
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01/10/2011
Good Morning...Here is today's market update from the Think Big Work Small Guys. Today the boys are all over the place in their discussions: Mortgage Loan Modifications outpaced foreclosures last month, foreclosures at 1.6 million - foreclosures at 1 million, these figures may not be correct d
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01/06/2011