The Lull Between Christmas and New Year’s

As you can imagine, not much has happened in the markets the past few days.  I don’t expect much until the New Year.  Lenders are changing their guidelines but rates are holding steady. I have one huge objection to these low rates the lenders are screaming from the rooftops.  Almost no one qualifies.  The banks [...]

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An Old War Horse

Who’s the Old War Horse?  Why, me, of course.  I’ve lived through so many up-swings and down-turns in the market – it’s exhausting.  In the early 80’s when I was a stockbroker, rates were in the mid to high teens.  The later 80’s saw drastic changes in the real estate depreciation laws causing a crash in [...]

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A Dirty Little Secret (that you already know)

When I was a stock broker in the early 80’s, I remember my manager announcing to the entire office that we had to sell a certain stock that day.  Our company had accidentally overbought a specific stock issue and we had to get rid of it, so sell! sell! sell!  Who cares if it fits into [...]

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As If We Don’t Have Enough to Worry About

I read today that over 45 percent of Americans have at least one medical collection on their credit report.  Even though the lenders say they don’t hold that against you, the truth is medical collections can affect your credit score to such an extent that you are unable to qualify for the loan you’ve applied for. Medical [...]

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What Really Happened???

A few months ago, one of my colleagues emailed this slide show to me.  In cartoon, which seems fitting somehow, this will show you how the mortgage mess really came about.  Everyone is busy blaming everyone else.  Let’s face it – there’s plenty of blame to go around.  Now while President Elect Obama and his people [...]

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Welcome To The New Entertainment Mortgage Blog

I’d like to welcome everyone to the new Entertainment Mortgage Blog and website.  We’ve reinvented ourselves to better respond to our clients’ requests in this difficult market.  We hope you will be active on this blog and comment frequently so we can gear our business to respond to your most pressing needs.  These posts will be updated [...]

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