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Countrywide CEO Angelo Mozilo Under SEC Spotlight
Reuters News Service and the Associated Press are both quoting a story in the Wall Street Journal on Wednesday that the controversial CEO of Countrywide Mortgage, Angelo Mozilo, is under an informal investigation by the Securities and Exchange Commission
01-28-2008 by jeffx Tags , , ,

My brain is full, and my extrovert buffer overfloweth
My brain is full, and my extrovert buffer overfloweth I'm freshly back from 2 days in Chicago, representing my fair Ypsi at the National Brownfield Association's "The Big Deal" conference, and, after 2 full days of being "on", am q
01-27-2008 by jeffx Tags , , , ,

Builder Spirits Not Rebounding While Housing Starts, Permints Continue To Slide
There is an old Western expression that a person's mood is "lower than a snake's belly." Well lift up that snake and you just might find a home builder under it. NAHB Chief Economist David Seiders said, "Consumers are still tryin
01-27-2008 by jeffx Tags ,

50 Year Mortgage
Recently, the 50 year mortgage enters the market with a bang. It all started on San Bernardino of Southern California. Now, a handful of mortgage lenders offer this mortgage option. It is just a few months after the re-incarnation of 40 year mortgage. The
01-26-2008 by jeffx Tags , , , ,

Pay No Attention To Mounting Volatility
Pay No Attention To Mounting Volatility While everyone else was talking about the anniversary of “Black Monday” last week, we kept reminding anyone who would listen that it was not insignificant that the blackness of that day in 1987 fell on a
01-25-2008 by jeffx Tags , , ,

Dozens of Our Readers Report From the Housing Front
A few weeks ago we asked you to tell us what you were seeing out there; stories about the effects of the subprime debacle and the credit crunch on those who are on the ground and feeling the real impact. We heard from you LOUD AND CLEAR. We have had dozen
01-25-2008 by jeffx Tags , , ,

Still Too Much Air In The Market
Still Too Much Air In The Market The Enquirer reports from Ohio. "Owners of low- to mid-priced houses aren't the only ones losing their homes to foreclosure in Greater Cincinnati and Northern Kentucky. Expensive homes are falling into foreclosure,
01-23-2008 by jeffx Tags , , ,

Wintrust Financial Corp. Q3 2007 Earnings Call Transcript
Wintrust Financial Corp. Q3 2007 Earnings Call Transcript Wintrust Financial Corp. (WTFC) Q3 2007 Earnings Call October 22, 2007 12:00 pm ET Executives Edward Wehmer - Chief Executive Officer and President Dave Dykstra - Chief Operating Officer and Senior
01-22-2008 by jeffx Tags ,

Fed President Says Policymakers Must Act Against Worsening Housing Slump
Fed President Says Policymakers Must Act Against Worsening Housing Slump MortgageNewsDaily.com Video News BLOOM Oct. 23, 2007. 06:33 AM EST Fed president stresses importance of risk management in determining Fed policy. Click He
01-21-2008 by jeffx Tags , , ,

Wall St. Liable for Loans?
Wall St. Liable for Loans? MortgageNewsDaily.com Video News CNBC Oct. 23, 2007. 1:25 PM EST A look at a new mortgage bill that's on the table in Congress, with John Taylor, CEO of the National Community Reinvestment Coaliti
01-16-2008 by jeffx Tags , ,

Unprecedented Times for Lenders
Unprecedented Times for Lenders MortgageNewsDaily.com Video News CNBC Oct. 23, 2007. 4:32 PM EST Countrywide is planning to refinance $16B worth of adjustable-rate mortgages scheduled to reset at higher rates soon. Click Here To
01-14-2008 by jeffx Tags , , , ,

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