Paul Gowen's (willamette) Blog

Spending all day pouring through client's income, assets, credit and the other items that make up a mortgage application can be pretty dry. We are all defined, at times, in this business by numbers. Credit scores, interest rates, home value, income, mortgage amount, mortgage payment. And it is ea...

It's the Wall Street Journal's lead story this morning. "Lending Drops at Big U.S. Banks."That's right. As we've talked about here in this space, a lot of the recipients of bailout, the so called TARP, funds, have gathered the cash to their bosoms and don't plan to let go anytime soon. 10 of the ...

I've talked with a lot of consumers here in the Portland area who tell me they are waiting. Waiting to refinance or purchase property. What are the waiting for? A better economy? Lower real estate prices? A sign from a higher power?Turns out the answers are no, no and no. They are waiting for the...