Washington Mortgage loans-educating you since 2006. MLO#109666

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Industry Observer - Environment Control - MLO#109666
The good, the bad and the ugly of the lending world

ARCHIVED BLOG POSTS

2009 

Hello all: I sit here typing and the thermometer is still above 100 degrees. It was Ethel Waters who stated it best in the song "We're havin' a heat wave". By the way, this is according to Google. I think Bing Crosby and Danny Kaye may have reprised the song in "White Christmas". Today the thermo...
07/29/2009
Good morning all: I hope you're enjoying your summer so far. We've had the nicest summer weather-wise I can ever remember. It actually is rivalling the great summers I remember as a boy in my small town. The topic du jour is golf and real estate. I was thinking about the similarities this morning...
07/27/2009
Hello all: I must be in vacation mode. This is a shot of Upper Priest Lake in northern Idaho. My family has had a lake cabin here since 1982. I've decided it's my favorite place on earth and feel fortunate to spend vacation time there. What do we do while we're there? Not too much. Obviously, we...
07/25/2009
I'm sitting here on an absolutely glorious day in Bellevue, Washington writing this mortgage market report. We've had the nicest summer I can remember and there appears to be no letup. I hope the same can be said of you wherever you are. I think the market is picking up, albeit slowly. We're prob...
07/19/2009
Hi all: Lately I've been feeling very grateful for my lot in life. No, nothing's wrong. I just am thankful for so many things in my life. Was I always? Probably not. When I was younger, I'm sure I took more than I gave. Those of you who are younger and understand the wonderful concept of giving w...
07/18/2009
Good afternoon all! I hope you're well. A little over a month ago, I blogged about mortgage rates increasing drastically in the space of a few days. They literally went from 4.75% for a 30 year fixed mortgage O.A.C. to 5.5%. The reasoning seemed to be that the government stopped guaranteeing the ...
07/09/2009
Hi all: I hope you're well. I just got off the phone with a borrower who didn't want to comply with what we needed to close their loan. I emailed the section of the underwriting handbook to him; hopefully that will get him to cooperate. Things have changed drastically on the underwriting side the...
07/08/2009
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Paul McFadden

Janitorial. Kent, WA.
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