It was announced in the Union Tribune in an article yesterday that the Federal Reserve Board's San Francisco Bank is gathering together the industry troops to see if there might be some solutions to the sub-prime loan crisis and in hopes of helping to prevent some forclosures.This is the third s
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06/07/2007
I spent this morning in Blogging Class. 2 strong hours of amazing stuff. Everything you ever wanted to know about blogging and afraid to ask! I will admit I didn't get it all down the first time, I needed help more than once today. This is a bit like learning a new language. Some of the words ar
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06/06/2007
When a loan broker who is working on commission focuses on the sale and not the borrower are they predatory?Getting weak buyers approved for stated income/asset adjustable loans with low start rates and a total disregard for whether or not a borrower could pay the loan payments when the rates ad
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06/05/2007
Data Quick Information Systems estimate there are 700,000 to 750,000 outstanding loans in San Diego County. (excluding duplexes,triplexes and apartments). As of the end of the full 1st quarter of information statistics, 10% of these loans were from the sub-prime market and nearly 13% of these lo
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06/04/2007
Brian Brady put on a great meeting in Del Mar tonight featuring two outstanding ActiveRain members. I am thrilled to have gotten to know Roberta Murphy and Jeff Brown. They are the "Veterans of Real Estate Blogging" and we can all learn a lot from their insight and experience. I was so impresse
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06/04/2007
When I write comments to my fellow bloggers on ActiveRain, many of you have commented that my comments are very good and quite detailed. Well, they are in many cases very long in the tooth. I was just writing to Jason Sardi on his comment to one of my posts. Instead of just thanking him, I wrote
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06/03/2007