The Mortgage Lender, Implode - O - Meter talked about Washington Mutuals troubles today in their blog and also mentioned the Lehman Brother's filing for bankruptcy. Those are two more very large financial establishments. Since May of 2006, 1 year and 4 months, there has been reported 283 failed mortgage lenders "close their doors".
Last week, a CBS news anchor said, "...is there hope for the housing market? Interest rates are down...etc". This is some of the first hope I've seen on national media in some time. Cross your fingers and say your prayers. We all hope for the best.
Monday, September 15, 2008
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Blog Archive
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2008
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September
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- 100% Financing, No Down Payment, USDA Loan for Cha...
- Washington Mutual Bust, Todays Interest Rates
- Banker 3% Down Payment for Conventional Loans
- Converting Existing Home to Rental to Qualify for ...
- Government Makes Ends (profit) AND Helps Banks Wit...
- Aurora and Lehman Brothers Negative Media Gets You...
- More Major Players in Banking World Troubled Still
- FHA Down Payment Requirement Increases...Effect Fi...
- The Housing Slump Isn't Over for Dallas Real Estat...
- Fannie and Freddie Go Govie
- Wall Street News Provides Hope for Frisco Real Est...
- Housing Fall! "Will the Real Slim Shady Please St...
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September
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Testimonials & About Me
- Brad Lynch
- Frisco, Texas, United States
- In 2002, Brad Lynch began energetically consulting families in finding the right mortgage plan for their needs. In the beginning years, he was trained by a mentor who led by example, and this example was the epitome of integrity. Brad learned in the beginning by his mentor that many prospects may not consciously see what good intentions he has for them, do to the “wrap” many have caused w/in this industry, but always do what is right for the customer and in the end it will payoff. Integrity coupled with an energetic nature to nurture relationships, Brad has created clients for life. Through these clients for life, referrals have become the lifeblood of his business.
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