Mr Mortgage – Home Equity arrears against overvoltage

Discover my new blog. . . mrmortgage. ml-implode. COM S & P, Fitch and Bank of America all agree that the “Home Equity Implosion strikes”, or rather stumble over the threshold.

This entry was posted by admin on July 28, 2010 at 4:44 pm, and is filed under Loans and Mortgages. Follow any responses to this post through RSS 2.0.You can leave a response or trackback from your own site.

Comments (25)
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#1 written by THolleyH46 1 year ago

Absolute Gospel Brother, keep on talking it up.

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#2 written by badonkadonk34 1 year ago

Thanks Mark. Keep it up.

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#3 written by youstwo 1 year ago

Great Information! Thank you.

CHL

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#4 written by makoshark123456 1 year ago

don’t believe the hype. right on! thanks for your efforts.

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#5 written by mliu03 1 year ago

Great stuff, deserve 5 stars!!!

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#6 written by visionvictory 1 year ago

Great info, your doing a great job informing people. keep it up.

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#7 written by sharkee69 1 year ago

Great info. Many people are upside down and don’t realize it or are in denial. Who can actually qualify for a home loan now with no more Stated Income, sub-prime, HELOCs, or 100% financing loans? The foreclosures are definitely going to reach epidemic proportions in the near future.
Regards,
Sharkee

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#8 written by pejvan 1 year ago

seems like everybody is kind of aware of the critical situation in the US. The Dow being pegged to 12,500 makes me feel like we are going to have on top of this crisis a financial krach.. it is going to become messy… and I don’t think Helicopter Ben is seeing the problem…

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#9 written by ioniancat 1 year ago

Thank you for the truth, it’s refreshing to hear……

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#10 written by idahotandj 1 year ago

If people start seeing banks selling the debt back for cents on the dollar to some,would that not cause more people to default on purpose.

Where does it end man where does it end?

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#11 written by idahotandj 1 year ago

I found the answer to my question on your blog, at the very end of the article titled ” Mar existing home sale” ( The only way out of all of this remains a national recuction of mortgage balances for everyone).

I am all over that!

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#12 written by 7bb7b 1 year ago

You look like Elvis!!!

I wondered all these times who you look like!!! do you sing?

Youre Elvis Presley of the Mortgage industry!!

LOL

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#13 written by r0h1tp 1 year ago

Appreciate your sharing this info and exposing the hype.

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#14 written by donpedrosan 1 year ago

“percent?” or percentage points? I can’t make oyt from the monologue. Please explain here (if you have time)

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#15 written by markmti 1 year ago

hopefully hot elvis and not 1977 elvis.

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#16 written by jim9847 1 year ago

How long can these banks keep this bad paper before they are forced by necessity to finally openly declare their losses?

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#17 written by visionvictory 1 year ago

Went to Costco today, NO RICE. LOW ON WHEAT, SALT, SUGAR, and Veg. Oil.

This is real time.

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#18 written by markmti 1 year ago

seems like forever.

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#19 written by rcmtgs 1 year ago

FYI, I heard Fremont went to 4% on nego, my Mom heard on news Wells went to 4% on nego, but heard today someone got their 7.75 went to 7%, going to suggest he nego better. I don’t think it’s fair if your scores have always been low to go to 4% but hey if you can get it go for it! My Mom who has perfect credit & 5.75 from Nov ’07 refi wants 4% now too. lol

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#20 written by jim9847 1 year ago

Mr. Mortgage,

Can you give me a definition of leverage? What is it? How is it used/created? What are the dangers and why would someone desire it?

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#21 written by markmti 1 year ago

Hi Jim – leverage means many things to the banks as you have learned but primarily the amount of debt used to try and achieve returns.

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#22 written by saveurhomeplease 1 year ago

We Can Help You Save Your Home From Foreclosure Go To homesaver(DOT)tk

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#23 written by username62408 1 year ago

Mortgages Delinquencie Rise

gee wait, heres a trick

LOWER FUCKING HOME PRICES 50gs and give poeple the freedom to own tax free land you fucking dirt bags. Just maybe if it dident take a fuckin lifetime to pay at a 1000$ a month and people could actually own their land like natives do you’d have less delinquencies! Assrags.

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#24 written by username62408 1 year ago

thanks to economic growth of the past, present cost of life makes having a job a pointless futility! yall deserve to go down with your beloved economy and taste your own fuckin medecine bunch of bloody misery inflicting
evil doers

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#25 written by 777Thinking 1 year ago

Dude,

I do not mean to offend you or cause you to be on-defense, but you are STELLAR HANDSOME AND GORGEOUS!!! Your eyes and teeth are rad. No hard feeling if you cannot accept a neutral compliment from Gaymanity, just say “thanks”. man, you are IT!!!!!

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Mr Mortgage – Home Equity arrears against overvoltage

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