Realtor/Coach/Trainer
The Crisis of Credit Visualized from Jonathan Jarvis on Vimeo. I am not the first to in Portland to post this but in case you haven’t seen it, here it is. I would have posted it earlier but I have been fortunate to have been to busy.. I have told many that it seems […]
Commercial Banks lend $9 for every dollar the have.(9X) Average Investment Bank 15X Bank Of America 32X Citibank 47X Oops is right. When they have a bad loan it gets multiplied by those factors. His talk is only a small part about what is going on in our market and world but the whole talk […]
30 cars find their tires slashed this morining in the Rock Creek Neighborhood. Nike may cut up to 4% of it’s work force. The Company anticipates completing its review of its organization by the end of the current fiscal year. The exact number, timing and location of positions expected to be eliminated will not […]
The government may add a home a tax credit up to $15,000 for all homebuyers but I don’t think it will increase sales.
When Warren Buffet speaks, I pay attention. What the Bailout does for taxpayers. Lien on the Nines luxury hotel for about $6.5 million. The Pearl’s biggest developer gives his opinion on the Portland Market from his vantage point.
September 30, 1999 from the New York Times, In a move that could help increase home ownership rates among minorities and low-income consumers, the Fannie Mae Corporation is easing the credit requirements on loans that it will purchase from banks and other lenders. Bold is my emphasis, The action, which will begin as a pilot […]
Bailout or Rescue? If this wasn’t a voting year or if we weren’t this close to an election, the Bailout or Rescue Bill would have been passed. It has become politicized. Many didn’t vote for it, in my belief, because they want to be able to say, “I didn’t vote for it,” in case it […]
Is it a Wall Street Bailout or a Main Street Bailout? News on Foreclosure Scams. $500+ Billion in Adjustable Rate Mortgages Reset in 2008. The Bank Crisis: A Timeline
I wrote a post a couple of days ago about how interest rates were bobbing around erraticly. If you look to the left you will see the interest rate graph with the current drop. Hopefully the market will stabilize and fear in the market will subside some. This could be great news but we need […]
