Advice, Community & Common Sense

August 30th, 2007 4:21 PM

I am providing this spot as an update area for the recent changes occuring in the mortgage markets, mostly effecting the Jumbo and Alt-A programs.  This has been created by the resistance on Wall Street to invest in these instruments until more transparency of these pools of mortgages can be realized, as a result of the blending of A-paper high quality mortgages with Alt-A and even Sub-Prime loans in tranches of Collaterallized Debt Obligations (aka "CDOs").

I will provide links to articles and reports as they become available and I am able to update them after reviewing for appropriate content.  Some of the referenced material may require either a free registration by the source (i.e., LA Times, MarketWatch, News Tribune, CNBC.com, etc.), or a paid subscription (i.e., Barron's, Wall Street Journal, etc.).

The now infamous "Implode-O-Meter" is at:  http://ml-implode.com/.  They track the lenders closing their doors or filing for bankruptcy.  Also have articles and commentaries for rumors of all kinds, so please read carefully.


Posted by Rick Geary on August 30th, 2007 4:21 PMPost a Comment (0)

Subscribe to this blog
Recent Posts:

Archive:

My Favorite Blogs:

Sites That Link to This Blog:

CLICK HERE FOR QUESTIONS!   •  CA DRE #01171009  •  Same Location Since 1993

© 2012 W.J. Bradley Mortgage Capital, LLC 6465 Greenwood Plaza Blvd, Suite 500, Centennial, CO 80111 Phone #303-825-5670. NMLS ID 3233. Trade/service marks are the property of W.J. Bradley Mortgage Capital, LLC. This is not a commitment to lend. Restrictions apply. All rights reserved. Some products may not be available in all states. WJB is not acting on behalf of or at the direction of HUD/FHA or the federal government.

AZ License # BK-0903998; Licensed by the Department of Corporations under the California Residential Mortgage Lending Act RML# 4131002; To check the license status of your CO Mortgage Broker, visit www.dora.state.co.us/real-estate/index.htm; Colorado Supervised Lender License #991424; Florida Mortgage Lender Servicer license #MLD738; ID Mortgage Broker License No. MBL-2803; IL Residential Mortgage Licensee – License #MB.6760738, 6465 Greenwood Plaza Blvd., Suite 500, Centennial, CO 80111; MN Residential Mortgage Originator License No. 20447094; NV Mortgage Banker License No. 2061; NV Mortgage Broker License No. 504; NM Mortgage Loan Company and Loan Broker Act Reg. No. 01856; OK Mortgage Broker – License No. MB001365; OR Mortgage Lender License No. ML-776; TX Mortgage Banker Reg. No. 74182; UT Mortgage Lender Company License No. 5495659-NMLC; Utah Consumer Credit Notification; Vermont Lender License #6141; WA Consumer Loan License No. CL-3233; Wisconsin Mortgage Banker License No. 699991. NMLS consumer access: www.nmlsconsumeraccess.org/EntityDetails.aspx/COMPANY/3233.



Emery Financial, Inc. 620 Newport Center Drive Suite 630 Newport Beach, CA 92660
Phone: Fax:

Home | Loan Application | BlogParty

Copyright © 2012 Emery Financial, Inc.
Portions Copyright © 2012 a la mode, inc.
Another XSite by a la mode, inc. | Terms of UseSite Map