Realtor/Coach/Trainer
Banks Likely to Ramp Up Foreclosures More borrowers are expected to lose their homes to foreclosure as the nation’s largest mortgage companies lift their internal moratoriums on home repossessions and start to determine which troubled borrowers cannot be helped. The mortgage companies say the Obama administration’s housing plan has given them a better idea of […]
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 […]
I talked to someone who had a bad conversation with the bank about her defaulting loan. For the most part, I have heard the banks are nice and helpful. They understand the market has changed and don’t beat up the customers but will still tell the what will happen. This person got ahold of an […]
