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Archive for November, 2008

Great news this morning for interest rates, compliments of Jeremy Stoddart with Strat-e-gy7.  

The mortgage industry just received a nice boost!  The Fed is going to buy Mortgage Bonds.  The Federal Reserve just announced that it would purchase $600B of Mortgage-Backed Securities (MBS) backed by Fannie Mae, Freddie Mac, and Ginnie Mae.  This brilliant move by the [...]

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It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you’ll do things differently. ~ Warren Buffet

It is such a sad but true quote to read. To what extent your reputation is ‘ruined’ depends on the degree of the action. I was reading in my book [...]

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New Layout

What do you think of my new design? Perhaps I am obsessing about something that isn’t that big of deal. However, I think this layout is much more reader friendly. I will probably tweak what is on here a few more times, so feel free to give your comments as to your preference on what [...]

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Encore Pearl
Last Tuesday, November 18th was the official and long anticipated Open for real estate brokers.  The 10th floor units were all open and staged for the curious realtors to wonder in and out at their own pace with a tasty treat to nibble on.
The Encore, located on the Northern edge of the Pearl District [...]

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I am barely making the deadline for a MORNING Quote. Duty called.
OUR MIND: We can’t get away from it, we need it, can love it, can play games with it, trick it, control it, the list could go on. Part of THE GAME I am reading has a full chapter on Your Mind and how [...]

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Update on FHA Home Loans

Wells Fargo is hosting a lunch and learn seminar for Realtors and Builders being held this Wednesday November 12th. Dennis Geist will be speaking to the changes to the FHA loan program beginning Jan 1, 2009, that include new loan limits. I will be attending and will be passing on new and pertinent information.

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“When you understand the reason for achieving a goal and it is in line with your purpose, you are willing to suffer through almost anything.” ~ Serano Kelly
In simple terms, in order to feel this way you have to have the other elements. You have to know your ‘purpose’, or the heartbeat of your life. [...]

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A Friend In Need

Great to remember…
Your customers and employees and investors will remember how you treated them when times were tough, when they needed a break, when a little support meant everything.
No one in particular will remember how you acted during the boom times.
A Friend In Need

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Monday Morning Quote

To continue on from the book I am reading called The Speed of Trust by Stephen M.R Covey, I have moved into the integrity chapter. There are a multiple qualities in this section but the quote is taken from the humility category.
The question is put to you… how does humility manifest itself in leadership and [...]

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FHA Loans are on the Rise

FHA market share rising for new homes: Calculated Risk reports on the Census Bureau figures that show 17 percent of new homes sold in the third quarter were financed with FHA loans. That’s up from an average 4% in the 2005 through 2007 period when subprime loans were most common among buyers with spotty credit..

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