Ed Wacaster's Blog

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Mortgage and Lending - American Advisors Group AAG - MLS #14019792
Ed Wacaster, CMPS tells you what you need to know in order to keep your clients well informed.
RECENT BLOG POSTS
After all of this "stuph" that's been coming our way recently, HVCC, MDIA and HERA, there is still some really good news going on. We're still selling homes and doing mortgages with not much interruption. If there were ever a time to "keep your eyes on the prize," this is it.  It's so easy to get...
08/10/2009
So here I sit with all of these new rules I have to work with and abide by. Which does cause a moment of pause, because if I'm right, and I usually am, regardless of what my wife says, these rules were already here. But now they're on steroids and other substances that have been declared legal on...
07/30/2009
When was he last time you called or e-mailed your Congressman or Senator? The current attitude in Washington is to seize control of every fiber of our society. It has been well documented just how vindictive the government can be when they get you in their sights. The housing industry has been in...
07/27/2009
I used to get slapped in the head by my mommy when I would say that in her presence. Her name is "Nellie" and she was NOT a Bozo the Clown fan. But it's appropriate to say on almost a daily basis right now. The latest news of course is the new disclosure guidelines that will make a 30 day close a...
07/22/2009
So here we sit trying to close a deal now and then so we can buy hamburger meat. Then we wake up to the morning news and look at our e-mail to find our industry being attacked by the Feds and the State. Not only can they not do their jobs, but they don't do their jobs in rather exotic places like...
07/03/2009
So we have all of these bailouts going to people who couldn't manage the money they had. You have to be a politician to believe that if we give them more money, they'll do it better next time. Even business executives, in a survey, do not condone any more bailouts of companies other than those re...
03/02/2009
So as I was getting ready for work this morning, shaving my beautiful face, and my first thought was: What are mortgage interest rates going to do today? I couldn't remember if we have any economic reports due out today until I got her to my office. Well, we have nothing to be reported today, but...
02/23/2009
Last week during a luncheon meeting I received an urgent message from my sister informing me that my 91 year old Grandmother had passed away. When I got to my car and called her back, she corrected herself and let me know that my grandmother had not passed away, but wasn't expected to live throug...
01/20/2009
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Is it just me or does Wall Street seem to completely unhinged right now? They haven't a clue what to do in the middle of all of the chaos going on all over the globe. So they're doing what they know best, RUN! And run they do all over the place, scurrying like little mice through a maze and turni...
01/12/2009
Something we should have spent some considerable amount of time on  during December was the thought process on what we want to accomplish this year. When I posted one of my blogs last year asking what we were going to do in order to never have another down market, someone responded by telling me ...
01/05/2009
Rainer
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Ed Wacaster

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