frank Garay and Brian Stevens Think Big Work Small

FDIC Response to Commentary about the One West Bank Purchase of Indymac Bank

by admin February 17, 2010 Real Estate Market Update

Below, the FDIC responds to the video circulating about the so called ”sweetheart deal” One West Bank got with the acquisition of Indymac bank. Although the numbers do make this a pretty good deal for One West Bank, let’s think about where the world of finance was at the time they puchased Indymac Bank. It was …

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Should I Continue Paying My Mortgage- Even If It No Longer Seems To Be In My Best Economic Interest?

by admin February 9, 2010 Real Estate Market Update

Should I Continue Paying My Mortgage- Even If It No Longer Seems To Be In My Best Economic Interest?
This is the question I get from people in trouble with their mortgage facing Short Sale or Foreclosure ALL OF THE TIME.

Let me first declare, this is a personal decision and one that each household has to …

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HOW IS THIS FOR A PRICE DROP? DOWN APPROX $42 MILLION – THE WHITE HOUSE

by admin January 21, 2010 Real Estate Market Update

Yes sir, even the White House it not immune to the Financial Crisis and loss of value. According to Zillow and their Zestimate, the white house is down about $42 million since its peak in January 2008. I thought this was interesting, funny and ridiculous. After all, who would pay $291 million for the white …

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Now???? Fannie Mae is changing Conventional Loan Guidlines NOW??? Making them tougher, NOW???

by admin December 1, 2009 Real Estate Market Update

It amazes me, the pathetic actions of the people that run this country and its largest companies. They have no long term vision, they fail to act in a timely manner and then after the disaster they act in a way that makes it worse!

Fannie Mae is changing their Conventional Loan Guidelines to make it more …

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