Wall Street Banks

Wall Street Banks Plan To Crash The Housing Market Again!

Wall Street Banks To Put Tight Restrictions On Borrowing In Post COVID-19 World. They Plan To Collapse The Market And Run Away With Billions It’s deja vu all over again! Wall Street banks are planning another big money grab by decimating the housing market. Wall Street banks have announced they are tightening lending guidelines after […]

mortgage lending

Mortgage Lending Crazy Train Alert! No Appraisals On Sales Under $400K

Mortgage Lending Crazy Train Is Back As FDIC And OCC Say No Appraisals Needed On Home Sales Under $400,000 Mortgage lending crazy train is officially back and the Trump Administration is the engineer! It’s such a bad idea that even the dimwitted train operators Charlie Pratt and Floyd Smoot owners of the Cannonball Express think […]

Mortgage Applications

Mortgage Applications Plummet Causing Interest Rates To Drop

Mortgage Applications Plummet Causing Banks To Scramble To Lower Interest Rates Mortgage applications continue to decline according to the Mortgage Bankers Association. Is this a sign Americans are losing faith in the lending industry? The MBA stated that mortgage applications fell another 2.9% for the week ending May 18, 2018. This is the lowest it […]

Hillary Clinton

Hillary Clinton Video Fires Up Histrionic Foreclosure Activists

Histrionic Foreclosure Activists Fired Up Over Hillary Clinton Video They Claim Blames All Homeowners For 2008 Financial Crisis  A spliced video of Hillary Clinton made the rounds last week. Foreclosure activists claim the video shows Hillary Clinton blaming all homeowners for the financial collapse. The only problem is that Hillary Clinton didn’t say all homeowners are […]

JPM Chase pulls back from mortgage lending on foreclosure worries

By David Henry Reuters JPMorgan Chase & Co, the second-largest U.S. mortgage lender, is backing away from making home loans to less creditworthy borrowers after losing faith in its ability to recover much money from foreclosing on homes, even with government guarantees. The shift reflects a change in the way JPMorgan runs its mortgage business: […]

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