Against lots of vocal opposition, I supported TARP. This is why. The assistance was necessary to stop a spiraling dynamic and prevent a banking disaster. It was a carefully thought out plan with a way to recover funds when the danger was clear.
The unfortunate unintended consequence was that politicians across the nation saw it as a GO signal to borrow in previously unthinkable levels against
Thursday, July 8, 2010
on support of TARP
Against lots of vocal opposition, I supported TARP. This is why. The assistance was necessary to stop a spiraling dynamic and prevent a banking disaster. It was a carefully thought out plan with a way to recover funds when the danger was clear.
The unfortunate unintended consequence was that politicians across the nation saw it as a GO signal to borrow in previously unthinkable levels against
The unfortunate unintended consequence was that politicians across the nation saw it as a GO signal to borrow in previously unthinkable levels against
Wednesday, July 7, 2010
just got freaked out by a tax collector
If you live in a metro area or some other place of the country with professional tax collection, you just probably cannot believe how we collect property taxes in most of Pennsylvania. Each municipality has an elected official in charge of the tax collection. Many are part-time and work out of their homes.
I just got off the phone with a new tax collector who called because she could not match
I just got off the phone with a new tax collector who called because she could not match
just got freaked out by a tax collector
If you live in a metro area or some other place of the country with professional tax collection, you just probably cannot believe how we collect property taxes in most of Pennsylvania. Each municipality has an elected official in charge of the tax collection. Many are part-time and work out of their homes.
I just got off the phone with a new tax collector who called because she could not match
I just got off the phone with a new tax collector who called because she could not match
Tuesday, July 6, 2010
short sale lender wants buyer docs? why?
This is a first. We just got a post closing request from a real estate broker for "a copy of the Note, Homeowners Insurance Dec Page and paid receipt, Approval letter from lender or and Amended approval Letter."
Say what? Why? What business are these personal buyer documents to the seller's mortgage lender?
Here's my response:
"To guard privacy, we release documents when requested by the
Say what? Why? What business are these personal buyer documents to the seller's mortgage lender?
Here's my response:
"To guard privacy, we release documents when requested by the
short sale lender wants buyer docs? why?
This is a first. We just got a post closing request from a real estate broker for "a copy of the Note, Homeowners Insurance Dec Page and paid receipt, Approval letter from lender or and Amended approval Letter."
Say what? Why? What business are these personal buyer documents to the seller's mortgage lender?
Here's my response:
"To guard privacy, we release documents when requested by the
Say what? Why? What business are these personal buyer documents to the seller's mortgage lender?
Here's my response:
"To guard privacy, we release documents when requested by the
Sunday, July 4, 2010
query: title company will stop pay on refund check unless new HUD is signed
Interesting topic. If you check the documents signed at closing you should find one or more in which you, the borrower in a mortgage transaction, agreed to cooperate and sign corrective documents as necessary.
If the title company has been charged by the mortgage lender or some other party to have a corrective HUD-1 signed and you are not cooperating, they may choose to use whatever means they
If the title company has been charged by the mortgage lender or some other party to have a corrective HUD-1 signed and you are not cooperating, they may choose to use whatever means they
Subscribe to:
Posts (Atom)