Forum Replies Created
-
AuthorPosts
-
rocket science
ParticipantDon’t I keep reading that IndyMac specialized in Alt-A? Doesn’t that imply the shoe has already dropped? Or did the toe just hit and the rest is coming?
[quote=latesummer2008]Alt-A is the next big shoe to drop. Then, Prime. Real Estate Food chain is getting eaten from the bottom up. quote]
ParticipantDon’t I keep reading that IndyMac specialized in Alt-A? Doesn’t that imply the shoe has already dropped? Or did the toe just hit and the rest is coming?
[quote=latesummer2008]Alt-A is the next big shoe to drop. Then, Prime. Real Estate Food chain is getting eaten from the bottom up. quote]
ParticipantDon’t I keep reading that IndyMac specialized in Alt-A? Doesn’t that imply the shoe has already dropped? Or did the toe just hit and the rest is coming?
[quote=latesummer2008]Alt-A is the next big shoe to drop. Then, Prime. Real Estate Food chain is getting eaten from the bottom up. quote]
ParticipantDon’t I keep reading that IndyMac specialized in Alt-A? Doesn’t that imply the shoe has already dropped? Or did the toe just hit and the rest is coming?
[quote=latesummer2008]Alt-A is the next big shoe to drop. Then, Prime. Real Estate Food chain is getting eaten from the bottom up. quote]
ParticipantDoes anyone besides me get the urge to puke when the reporting on the Government intervention contian things like:
"significant intervention by federal lawmakers to aid victims of the mortgage crisis"
From a front page LA Times article.
Mortgage relief plan advances
ParticipantDoes anyone besides me get the urge to puke when the reporting on the Government intervention contian things like:
"significant intervention by federal lawmakers to aid victims of the mortgage crisis"
From a front page LA Times article.
Mortgage relief plan advances
ParticipantDoes anyone besides me get the urge to puke when the reporting on the Government intervention contian things like:
"significant intervention by federal lawmakers to aid victims of the mortgage crisis"
From a front page LA Times article.
Mortgage relief plan advances
ParticipantDoes anyone besides me get the urge to puke when the reporting on the Government intervention contian things like:
"significant intervention by federal lawmakers to aid victims of the mortgage crisis"
From a front page LA Times article.
Mortgage relief plan advances
ParticipantDoes anyone besides me get the urge to puke when the reporting on the Government intervention contian things like:
"significant intervention by federal lawmakers to aid victims of the mortgage crisis"
From a front page LA Times article.
Mortgage relief plan advances
March 4, 2008 at 12:48 PM in reply to: Fannie Mae, Freddie Mac agree to new appraisal standards #164030ParticipantFrom the LA Times verson of the story:
Some appraisers, however, said the agreement, which takes effect at the start of next year, was unlikely to solve the problem.
Banks will continue to put unspoken pressure on appraisers to value homes at desired levels, said Bill King, owner of ValueOne Appraisal in Federal Way, Wash.
"It's going to be a long time before the fundamental way business gets done gets changed," King said.
And many appraisers still will do as banks and brokers ask because they want to keep getting hired, said Steve Smith, an appraiser in San Bernardino who has been critical of the industry.
"There are more ethical appraisers who have been put out of business than there are appraisers who remain in business," Smith said.
March 4, 2008 at 12:48 PM in reply to: Fannie Mae, Freddie Mac agree to new appraisal standards #164339ParticipantFrom the LA Times verson of the story:
Some appraisers, however, said the agreement, which takes effect at the start of next year, was unlikely to solve the problem.
Banks will continue to put unspoken pressure on appraisers to value homes at desired levels, said Bill King, owner of ValueOne Appraisal in Federal Way, Wash.
"It's going to be a long time before the fundamental way business gets done gets changed," King said.
And many appraisers still will do as banks and brokers ask because they want to keep getting hired, said Steve Smith, an appraiser in San Bernardino who has been critical of the industry.
"There are more ethical appraisers who have been put out of business than there are appraisers who remain in business," Smith said.
March 4, 2008 at 12:48 PM in reply to: Fannie Mae, Freddie Mac agree to new appraisal standards #164349ParticipantFrom the LA Times verson of the story:
Some appraisers, however, said the agreement, which takes effect at the start of next year, was unlikely to solve the problem.
Banks will continue to put unspoken pressure on appraisers to value homes at desired levels, said Bill King, owner of ValueOne Appraisal in Federal Way, Wash.
"It's going to be a long time before the fundamental way business gets done gets changed," King said.
And many appraisers still will do as banks and brokers ask because they want to keep getting hired, said Steve Smith, an appraiser in San Bernardino who has been critical of the industry.
"There are more ethical appraisers who have been put out of business than there are appraisers who remain in business," Smith said.
March 4, 2008 at 12:48 PM in reply to: Fannie Mae, Freddie Mac agree to new appraisal standards #164360ParticipantFrom the LA Times verson of the story:
Some appraisers, however, said the agreement, which takes effect at the start of next year, was unlikely to solve the problem.
Banks will continue to put unspoken pressure on appraisers to value homes at desired levels, said Bill King, owner of ValueOne Appraisal in Federal Way, Wash.
"It's going to be a long time before the fundamental way business gets done gets changed," King said.
And many appraisers still will do as banks and brokers ask because they want to keep getting hired, said Steve Smith, an appraiser in San Bernardino who has been critical of the industry.
"There are more ethical appraisers who have been put out of business than there are appraisers who remain in business," Smith said.
March 4, 2008 at 12:48 PM in reply to: Fannie Mae, Freddie Mac agree to new appraisal standards #164441ParticipantFrom the LA Times verson of the story:
Some appraisers, however, said the agreement, which takes effect at the start of next year, was unlikely to solve the problem.
Banks will continue to put unspoken pressure on appraisers to value homes at desired levels, said Bill King, owner of ValueOne Appraisal in Federal Way, Wash.
"It's going to be a long time before the fundamental way business gets done gets changed," King said.
And many appraisers still will do as banks and brokers ask because they want to keep getting hired, said Steve Smith, an appraiser in San Bernardino who has been critical of the industry.
"There are more ethical appraisers who have been put out of business than there are appraisers who remain in business," Smith said.
-
AuthorPosts