Archive for opinion
Breaking News: Lloyd’s Bailing on Embattled Allied Home Mortgage
By now, most of our readers and many in the mortgage industry know that we have the largest federal false claims action in the U.S., HUD’s $2.4 billion case against Allied Home Mortgage and CEO Jim… Read more
Are the Freddie HARP Rumors True?
You may have been hearing (also experiencing) a substantial amount of turn downs on HARP loans using LP and Open Access. I have had personal experience with this in trying to refi my rental… Read more
Most Lead-Gen Mortgage Firms Sell Themselves Short
One of my favorite lines from the movie Caddyshack was when Judge Smailes bragged about his golf game. “You should play with Dr. Beeper and myself. He’s been club champion three years… Read more
Scattered To The Winds–Mortgage Folks Change Careers
Nobody can deny that the mortgage industry has been shrinking, and continues to do so. But where are people going? Which industries have absorbed the tens of thousands of loan officers,… Read more
The Resurgence of the Broker Market
The continued woes of Bank of America that include the potential breach of a modification accord in Nevada, the Countrywide cement shoes and the mini-bailout by Warren Buffett (not to mention Citi,… Read more
Promoting Housing Recovery – Part III: Proposed Solutions For The Housing Market
This is the final part of a three-part, two-post series. Click here to read parts I and II, which focus on recognizing the fundamental economic problems, and fixing the underlying economic issues… Read more
The Emperor’s New Clothes
Do you remember the Hans Christian Anderson Tale of the Emperor’s New Clothes? It is a tale of two crafty weavers who sell the Emperor a suit spun out of a material that is completely invisible to… Read more
Consumer Metrics Institute Member’s News: July 23, 2011 – Unexpected Extremes & Mussolini Revisited
Contributed by the Consumer Metrics Institute The past two weeks have resulted in one of our rare “wow” moments here at the Consumer Metrics Institute. On July 19 our Weighted… Read more
Bernanke’s Big Plan to Bluff Housing Back to the Bulls
Contributed by Ben Thorpe at Benzinga. There are now three guarantees in life: death, taxes, and another round of quantitative easing. Ben Bernanke has played coy the last three days,… Read more
Consumer Metrics Institute Member’s News: July 9, 2011 – Continuing Contraction Moderation; Shakespeare’s Stimulating Idea
Syndicated with permission from CMI. We are becoming more convinced with each passing week that the rate of contraction of on-line consumer demand for discretionary durable goods “bottomed” at the… Read more
