Mr Mortgage – Home Equity Delinquencies Surge
Written by admin on January 30th, 2010
Check out my new blog… mrmortgage.ml-implode.com S&P, bofa and Fitch all concur that the ‘Home Equity Implosion’ is knocking on, or kicking down rather, the front door.
Tags: Delinquencies, EQUITY, HOME, Mortgage, Surge
January 30th, 2010 at 1:13 am
thanks to economic growth of the past, present cost of life makes having a job a pointless futility! yall deserve to go down with your beloved economy and taste your own fuckin medecine bunch of bloody misery inflicting
evil doers
January 30th, 2010 at 1:46 am
Mortgages Delinquencie Rise
gee wait, heres a trick
LOWER FUCKING HOME PRICES 50gs and give poeple the freedom to own tax free land you fucking dirt bags. Just maybe if it dident take a fuckin lifetime to pay at a 1000$ a month and people could actually own their land like natives do you’d have less delinquencies! Assrags.
January 30th, 2010 at 2:22 am
We Can Help You Save Your Home From Foreclosure Go To homesaver(DOT)tk
January 30th, 2010 at 3:20 am
Hi Jim – leverage means many things to the banks as you have learned but primarily the amount of debt used to try and achieve returns.
January 30th, 2010 at 4:14 am
Mr. Mortgage,
Can you give me a definition of leverage? What is it? How is it used/created? What are the dangers and why would someone desire it?
January 30th, 2010 at 4:14 am
FYI, I heard Fremont went to 4% on nego, my Mom heard on news Wells went to 4% on nego, but heard today someone got their 7.75 went to 7%, going to suggest he nego better. I don’t think it’s fair if your scores have always been low to go to 4% but hey if you can get it go for it! My Mom who has perfect credit & 5.75 from Nov ’07 refi wants 4% now too. lol
January 30th, 2010 at 5:09 am
seems like forever.
January 30th, 2010 at 5:57 am
Went to Costco today, NO RICE. LOW ON WHEAT, SALT, SUGAR, and Veg. Oil.
This is real time.
January 30th, 2010 at 6:04 am
How long can these banks keep this bad paper before they are forced by necessity to finally openly declare their losses?
January 30th, 2010 at 6:53 am
hopefully hot elvis and not 1977 elvis.
January 30th, 2010 at 7:24 am
“percent?” or percentage points? I can’t make oyt from the monologue. Please explain here (if you have time)
January 30th, 2010 at 8:21 am
Appreciate your sharing this info and exposing the hype.
January 30th, 2010 at 8:33 am
You look like Elvis!!!
I wondered all these times who you look like!!! do you sing?
Youre Elvis Presley of the Mortgage industry!!
LOL
January 30th, 2010 at 9:21 am
I found the answer to my question on your blog, at the very end of the article titled ” Mar existing home sale” ( The only way out of all of this remains a national recuction of mortgage balances for everyone).
I am all over that!
January 30th, 2010 at 9:26 am
If people start seeing banks selling the debt back for cents on the dollar to some,would that not cause more people to default on purpose.
Where does it end man where does it end?
January 30th, 2010 at 9:38 am
Thank you for the truth, it’s refreshing to hear……
January 30th, 2010 at 10:11 am
seems like everybody is kind of aware of the critical situation in the US. The Dow being pegged to 12,500 makes me feel like we are going to have on top of this crisis a financial krach.. it is going to become messy… and I don’t think Helicopter Ben is seeing the problem…
January 30th, 2010 at 10:41 am
Great info. Many people are upside down and don’t realize it or are in denial. Who can actually qualify for a home loan now with no more Stated Income, sub-prime, HELOCs, or 100% financing loans? The foreclosures are definitely going to reach epidemic proportions in the near future.
Regards,
Sharkee
January 30th, 2010 at 11:39 am
Great info, your doing a great job informing people. keep it up.
January 30th, 2010 at 11:42 am
Great stuff, deserve 5 stars!!!
January 30th, 2010 at 12:26 pm
don’t believe the hype. right on! thanks for your efforts.
January 30th, 2010 at 12:53 pm
Great Information! Thank you.
CHL
January 30th, 2010 at 1:04 pm
Thanks Mark. Keep it up.
January 30th, 2010 at 1:22 pm
Absolute Gospel Brother, keep on talking it up.
January 30th, 2010 at 1:52 pm
Passing it around.
Well done, Sir.