Kris Krajecki's (imcallingkris) Blog

Last Week in Review          "THE ONE FUNCTION THAT TV NEWS PERFORMS VERY WELL IS THAT WHEN THERE IS NO NEWS - WE GIVE IT TO YOU WITH THE SAME EMPHASIS AS IF THERE WERE." David Brinkley No kidding...and although the week did start out with little real economic news for talking heads to deliver wi...

"ANYTHING THAT BEGINS WITH 'I DON'T KNOW HOW TO TELL YOU THIS' IS NEVER GOOD NEWS" Ruth Gordon But after a trend of gradually worsening over the past month, Bond prices and home loan rates finally got the good news they'd been waiting for...that pesky inflation rate finally appears to be moving l...

 The ABC's of Borrowing Some small business persons cannot understand why a lending institution refused to lend them money. Others have no trouble getting funds, but they are surprised to find strings attached to their loans. Such owner-managers fail to realize that banks and other lenders have t...

 364,000 Homeowners Face Foreclosure So Far This YearSACRAMENTO, Calif.--(BUSINESS WIRE)--The worst of the U.S. housing slump may be over but not the foreclosure nightmare that haunts many of the nation's homeowners. More than a quarter-million (253,803) pre-foreclosures and notices of pending fo...

I know I do not have to point out to anyone that the industry is changing daily.  Program guidelines and pricing are changing so fast and unfortunately without notice and effective immediately.  The Alt A Programs are being scrutinized by the investors as they are having problems securitizing the...

Realtors Predict Annual Price Drop,Lower Forecasts for Home SalesBy CAMPION WALSHApril 11, 2007 10:52 a.m.WASHINGTON -- A real-estate trade group lowered its forecasts for U.S. home sales this year, while projecting what would be the first annual decline in the median national existing home price...