HUD to End ALL Homelessness in the USA - 06.23.10 | Zenet Negron : First Priority Financial : Stockton, CA

waynoo: (June 24, 2010 1:08am)

The way the new MIP works, add 3,4,5,6% to the loan for MIP. This lowers the amount of home the borrower can afford, hence we need to lower the price of the home. Now let the seller know that he has to lower his price to sell his home. Let the seller call Barney, Nancy, Chris, and the rest. It will just come out of the sellers pocket. Now we in the great state of Washington by our state law, cannot make anything more than 1% on a VA loan. So guess how many LOs are originating VA loans. Eveyone is stearing clear of the VA loans and this is hurting the Military folks. Bremerton, Ft Lewis, McChord, Bangor Sub Base, Fairchild AFB thousands of great American heros coming back from Iraq. Can't find a loan becuae we have to take the Fee's out of our 1% and in some cases we have to pay money to close a VA loan. Why Why Why don't these idiots understand?

cassa01: (June 23, 2010 10:40pm)

Guys, ... it is 21st.century. Think it's'n'off. We have to work hard. To survive. This Earth can accommodate up to 650000000000(10 times more than we are now), but we have to deserve it. Enjoy survinving !!!

5pence: (June 23, 2010 5:48pm)

I've had CSPAN on since 2 pm and the Senate met and talked some more but I heard nothing about Title 14. They are both meeting again tomorrow, early, so stay tuned kiddies. No one has posted that they had a final resolution on Title 14 so I'll go on the assumption that it's yet to be reconciled. Fingers crossed - good luck to all. I hope the House hold fast to allowing brokers to directly order appraisals that the Senate wants crossed out. Bottom line, the banksters need competition. I've never had anything against brokers, unlike some appraisers without wills of their own lol. Bottom line again, Brokers didn't have the money to make those bad loans. Only the banks could have funded and they insisted on tons of new mortgages that the unemployed and even junkies could get. Disgraceful display of greed by the TBTF's. IMOHO

D-appraiser: (June 23, 2010 4:51pm)

I guess there is nothing!

Owl Tree: (June 23, 2010 4:30pm)

I'm playing it back right now....so far, haven't pick anything new up, but I've been trying to get work done while I'm listening, so I may have missed it.

D-appraiser: (June 23, 2010 3:53pm)

any news on title 14????

5pence: (June 23, 2010 2:59pm)

Godlike : The banks are actually insolvent right now. Thanks to imaginative accounting they're turning profits. Granted we don't want insolvent banks, but that is another pressure point we could use to kick start their hearts. But wait, me thinks the government wants that 2-3% savings that could/should have been the publics, for themselves - hence no discount in rates in gratitude to the consumer. Things that make you go hmmmmmmm

5pence: (June 23, 2010 2:14pm)

Correction so it makes sense : It's corporations and their needs before the politicans get into political wrangling about the corporate needs to gain favors, and then it's more political wrangling, posturing before the people to try to make it all palatable. @Godlike. How do you make banks make 1-2% loans then they should have been to show their gratitude? Cut off all their investment/play money from the Fed at 0%. The Fed controls their purse-strings and the Fed and Treasury should have insisted, insisted I say, on something along those lines when the banks needed a hand off the floor. It's not too late. I saw a CEO on TV at a town hall meeting and he said the banks can't control themselves when it comes to money. That we, the people, must control them and their needs for risk and quick profits. This is just a suggestion that I felt the banks should have done or been made to do to restore the economies they destroyed.

5pence: (June 23, 2010 2:07pm)

Just got back. Did they go through Title 14 totally? Colorado Broker : It's corporations and their needs before they get into political wrangling and the corporate needs and then it's more political wrangling before the people to try to make it all palatable. Totally the opposite of the way it should be. And these guys are on their best behavior!! Due to elections coming up. Unbelievable.

Colorado Broker: (June 23, 2010 1:47pm)

Forgive the typos.

Colorado Broker: (June 23, 2010 1:46pm)

This is just the government's way of steering us faster into socialism. When they pass the financial reform excluding any government agency from oversight or requirements that they place on private lenders, it become clear what their intention is. We must remember to VOTE in NOVEMBER to take the power away from these idiots. They are so enthralled with themselves and believe that they are the chosen ones that they have no problem showing their distain for the very people who put them in office. Remember it is us who can take them out of office and start restoring the values of this Country.

Calif.dreaming: (June 23, 2010 1:22pm)

Has anyone read the book or saw the Movie "House of Sand and Fog" People pushed to the edge due to Govenment red tape (fog)and people sticking their head in the sand. It's a must read or see for those wanting to be depressed to the max.

D-appraiser: (June 23, 2010 12:37pm)

They are on Title 14 now!

Owl Tree: (June 23, 2010 12:13pm)

Looks like the committee is back in session.

sciambor: (June 23, 2010 12:06pm)

The ten-year plan initiative is a Bush administration carryover and adds a layer of accountability for non-profits, governments, and organizations that serve the homeless -- primarily to ensure that best practices are utilized and the type of housing needed by homeless persons, families, and children are created instead of the costly alternative of prisons, emergency rooms, and shelters.

Realist 1: (June 23, 2010 11:46am)

5Pence - RE 3Dnite - if you haven't discovered pandora.com, I highly recommend it. You can create a "radio station" of 3Dnite (or whatever artist you want) and it plays their music and then plays similar artists, many of which you never heard before - you end up discovering great new music that quite often you like better than the original artist!

Buckyboy: (June 23, 2010 11:44am)

I'm just curious, does anyone ever really own their property?? Is a "certificate of title" the same as an "alloidial title"?

bobbrennerloans: (June 23, 2010 11:24am)

In another country that also has a "great leader" did you know the average hight of most of its citizens is around 5 feet tall. That's because their great leader is real short and he thought it best to starv his countrymen so they would not grow up to look down upon on him...

rustym: (June 23, 2010 11:09am)

WTF!!!!??? I'm moving to HI and taking early retirement and let gov take care of me! We are not a socialist country for a reason!! GRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRR!!!!!!!!!!!!!!!

bern2surf: (June 23, 2010 11:06am)

Great insight, does this mean I can quit working, since HUD in going to take care of my housing issue? Hey, Yule Brenner, get a trim you hippie.

bern2surf: (June 23, 2010 11:05am)

Great insight, does this mean I can quit working, since HUD in going to take care of my housing issue? Hey, Yule Brenner, get a trim you hippie.

bobbrennerloans: (June 23, 2010 10:51am)

Listen comrades, once you realize that you are too stupid to understand how a "free market system" works and "freedom of choice" is just a ploy that willlead you to be taken advantage of by greedy opportunists, you will then appreciate how our great leader will provide for us all. He knows what's best for all given his extensive executive experience as a community organizer and part-time college professor. Get it, since he speaks well (of himself yesterday, today, and tommorow) he is also then smarter than you and I. That is the change you can believe in!

cgappraisals: (June 23, 2010 10:51am)

5pence, I went to elementary school with a cousin of one of 3 Dog Night. My classmate was Conrad Negron, I think thats how he spelled it. I grew up in La Crescenta/Glendale. Were the Doors are from.

GODLIKE: (June 23, 2010 10:38am)

And how will you force the banks to make 1-2% loans? They don't have to make the loans at all if they don't want to.

5pence: (June 23, 2010 10:37am)

Just force the banks to make 1-2% loans. They'll still make money and volume will help their greed. They're getting the money for free!! It will speed a true recovery. JMHO

5pence: (June 23, 2010 10:30am)

Just force the banks to make 1-2% loans. They'll still make money and volume will help their greed. They're getting the money for free!! It will speed a true recovery. JMHO

pete4homes: (June 23, 2010 10:27am)

I have a suggestion. Let's pool our expertize and put together a solution to this housing mess then lets all march to Washington and show these Cronnies that solutions don't need to be complicated nor should it make Wall Street richer Heres my idea for a solution 1. Reduce all ARM loan balances by 40% of its balance to bring homes to their current market value. 2. Modify each loan into a 30 year fully amortized at 3.5-4% interest rate. 3. Offer investors a 10% short pay to release ownership of their notes 4. Force banks to participate..they took our TARP money to bail themselves out and are now making windfall profits 5. Fannie & Freddie to insure 20% on all loans with upfront premiums paid by banks which can not be included in the loan or paid by borrower 6. Homes that don't qualify due to lack of income shall be sold to real estate investors at a 40% discount then leased back to the homeowner on a buy back option This will keep people in their homes & pay taxes

5pence: (June 23, 2010 10:16am)

Oh yeah, Realist1, they've been touring for years. Great group. "Joy to the world, all the boys and girls, joy to the fishes in the deep blue sea, joy to you and me."

5pence: (June 23, 2010 10:15am)

Agreed benedrrb : it's steering

Realist 1: (June 23, 2010 10:12am)

5Pence - it's good to hear turnaround stories like 3D nite! Gotta get to work too - later.

5pence: (June 23, 2010 10:11am)

They are meeting again, Senate and House. Someone please update their settlement of Title 14 here if I can't? Thanks. It's on live on CSPAN 3 or live at cspan.org

5pence: (June 23, 2010 10:09am)

Uhh oh. Starting shortly on CSPAN 3 or at cspan.org - the continuation of the House and Senate conference on the consumer protection bill. I'd imagine that settlement of Title 14 between the 2 will be one of the first things up. I have to leave in a little bit. Can someone update Title 14 results from the conference for brokers and appraisers here if I can't? Thanks.

benedrrb: (June 23, 2010 10:03am)

This information needs to be more widely shared. The illogic of raising mortgage costs to the clients of FHA, and coercing all brokers to use FHA (reduced down payment requirements) sets up a situation where the government loan is the one people "have to" use at a higher cost than ever before! How does this 'stimulate' the housing industry? It doesn't. It suppresses the housing industry. We have to help American's understand the foolishness and wastefulness of this plan!

5pence: (June 23, 2010 9:47am)

Meaning that the lead singer of 3 Dog Night was homeless too. Have a good one. Ohh and appraisers, I listened to CSPAN this morning and didn't hear anything about the final resolution of title 14 and the Senate counter-offer. They must have decided that behind closed doors. Hopefully someone here knows what happened. Valuequestor maybe? There are readers here that are actually in Washington with Senate members. I wait like you

5pence: (June 23, 2010 9:44am)

Actually Realist1 - getting off the streets was the hardest thing I ever had to do. I met the lead singer of 3 Dog Night - he had a heroin problem but is doing fine now. L8r. Work to do.

5pence: (June 23, 2010 9:42am)

Godlike Uhh, yeah. Independent investigators found huge amounts of fraud. But, since Cuomo was head of HUD for a time and made a law stating that the GSE's could not open their books to anybody under punishment of law, him asking for something he already knew they couldn't deliver put them in bind. Why didn't Cuomo go after the records of Chase and WAMU if he really wanted to prove fraud? No, he went after the GSE's so he could push his agenda of,,, HVCC. Remember, I believe he still sits on the board of an AMC, AMCO. I personally think he's a psychopath as he's a lawyer and learned the law to apparently find ways around it to benefit his cronys. Look at his biggest contributors - the TBTF's. The GSE's were not and should not have been the primary focus of his investigation in the fraud of those 2. But he found a way to let them both off the hook for the frauds by shifting blame to where it really didn't belong, the GSE's. He even found a way to reward himself through AMC dominance.

mark: (June 23, 2010 9:38am)

Godlike - the WAMU incident - they have the actual emails and conversations. It did happen. Then they created Cuomo and the HVCC and here we sit.

iam 2520: (June 23, 2010 9:35am)

Jobs bill attachment no pass ? Home Buyer Tax Credit now on the cutting room floor ? HUD's huge $$ swallowing is it's intercity grants, got a copy of Washington State's / Seattle/King county and it represents 100's of millions of dollars. You got to close a hellofalot of FHA loans to make up for just that. End of Homelessness ? Even if you wavied the wand and all debt was forgiven... people would still complain that their property taxes were too high and loose the home back to the Gov't.- you really NEVER truely OWN-IT. PBHN, Barry.

Realist 1: (June 23, 2010 9:20am)

Most of us tend to think of the homeless as people who have somehow lost their mental faculties or have drug and/or alcohol addictions and there is certainly a lot of truth to that, but it's important to realize that homelessness is also growing rapidly among average "middle class" Americans (not really middle class anymore)as tent cities pop up across the country.

GODLIKE: (June 23, 2010 9:19am)

5pence you recited the company line on HVCCs which is "AMC's are a retarded inbred monster born from the unholy union of WAMU and Chase banks fraud in fixing values." I've recited it as well, but was there ever any actual proof of them fixing values or was this just case of everyone working a deal to stay out of courts and things snowballing from there? Obama be praised!

GODLIKE: (June 23, 2010 9:17am)

5pence it's not actually about the homelessness, it's about the votes. The Dems have been breeding voters since Kennedy began our present system of handout welfare. Read the new book on the Cuban missile crisis, they have all the Kennedy boys in the oval office discussing the long term plans to bring us just exactly to where we are today. If idiots vote then you get idiots in office. Obama be praised!

5pence: (June 23, 2010 9:03am)

Don't get me wrong, I'm all for helping the homeless. There but for the grace of God go I.

5pence: (June 23, 2010 8:54am)

Owl Tree, AMC's are a retarded inbred monster born from the unholy union of WAMU and Chase banks fraud in fixing values. It costs EVERYBODY and ANYBODY that HAS to associate with these retards. THEY should be homeless.

howdo: (June 23, 2010 8:45am)

Let's see here. No Homeless in America. I pay 2800 per mo in mtg. Dump the house, become homeless, save the 2800 per mo; sail around the world on the QEII, (one year trip) with me savings...not a bad idea HUD. Just how do I get in on this?

5pence: (June 23, 2010 8:42am)

How can they end homelessness when the majority of the homeless have drug and alcohol problems or mental health problems including psychosis. A lot of these people can not hold jobs. Why aren't they concentrating on the 5,000/week foreclosures that happen because of health problems where devastating illness hits long time homeowners and they can no longer afford their payments and medical costs? Throw them out on the street and replace them with the homeless? Where are their priorities? Appealing to the homeless isn't going to get the homeless voting for them. WTF. Not everybody has the mindset for home ownership. Maybe they are trying to make up for the heartlessness of the too big to fails. When they get bailouts & free money from the Fed they can't turn around and try to help the people and the economy with 1-2% loans. There's not enough money for their bonuses AND returning favors. Maybe they're trying to mimic what could have been if the banks had a heart instead of a black hole.

sheraldia21: (June 23, 2010 8:39am)

Will those of us who have hung by a thread for the last year be entitled to any of these hand outs? We've had our income slashed, our clients stolen and work harder than ever for much less but have managed to pay our bills on time and make our mortgage payments on time...(401k money). Not that I'm really looking for a hand out but why are the lazy and strategically corrupt being rewarded. It has to stop somewhere! The Lone Star State should just secede from the nation!!!!

Owl Tree: (June 23, 2010 8:36am)

Just received a call a minute ago from a drone worker at an AMC....I think he was working a fast food drive through prior to getting this gig (no offense to fast food workers....I did some time at Wendy's myself, and it build character). Anyway, here's the call. HVCC Drone: "We need a copy of the sales contract." Me: "This is a refinance transaction." HVCC Drone: (Pause)....the appraiser asked me to get a copy of the sales contract. Me: (practicing deep breathing exercises) "Since this is a refinance, the customer owns the home, and therefore, there is no sales contract. Please advise the appraiser that this is a refinance, and no sales contract is needed." HVCC Drone (pause)..."uh....okay." Would I get in trouble if I start adding Chris Dodd's office number as an alternate contact whenever I log into RealEC?

jcollins: (June 23, 2010 8:33am)

I did not hear F&B mention HUD wants everyone to OWN a home just to not be homeless.

Realist 1: (June 23, 2010 8:32am)

Welcome to the theater of the absurd! Bawny Fwank and his fellow cronies are systematically ripping whats left of our debt saturated country apart as they promise things that cannot possibly be delivered and expect the printing press to rev up into 10th gear. The net result is a loss of wealth for most people. No country has ever printed their way to prosperity.

Ron from Cali: (June 23, 2010 8:31am)

Once again some ridiculous news from our obviously retarded government. You wonder where they get these asinine ideas. Why don't they work on getting these slower than molasses banks to make timely decisions on these short sales. I don't call them short sales; to me they are extremely "long sales". This admistration is so whack!!! It is very plain to see that who ever is making these decisions, to regulate the banks, has NEVER done a loan. Do you think you could do a story on why it takes banks,(especially good old B of A) 4,5,6 months or more to complete a short sale and why is it so complicated when there are two loans involved and the second is different than the first? I have 5 transactions that we have had a solid offer into a bank since Jan./Feb. and still no closure. There has to be a way we could sue these jerks for sitting on paper work. I am convinced that because they refuse to hire sufficient personnel to take care of this problem, the whole country is suffering.

AL Appraiser: (June 23, 2010 8:31am)

This is what happens when you elect people who believe the is a constitutional right to a home. Alabama Country Boy please email me scott@austinappraisal.net.

jcollins: (June 23, 2010 8:30am)

Did anybody hear about the vote yestarday on admend. 14?????

GODLIKE: (June 23, 2010 8:13am)

I'm worried about my kids. I'll survive, but look at the world my kids will have to live in - USA a 3rd world country. Much sooner than anyone could have imagined. Obama be praised!

know61: (June 23, 2010 8:06am)

Hey, You guys need to be walked through the HUD process of selling there repossessed homes. They waste up to $8500 to $15,000 in the rediculous process per unit. NOw go to HUD.gov and look at the amount of homes theynow own and have a bunch of jackass'es managing them. You want a big laugh go to work on this one. But have your filght bag handy.

Owl Tree: (June 23, 2010 8:03am)

Evil....compared to Chris Dodd, Barney is my hero right now. That tells you have crappy this crap sandwich of a bill is looking.

Owl Tree: (June 23, 2010 8:01am)

I trust our Democrat Overlords to figure out how to shoehorn every American into the house that they feel they deserve, (4 BR, 3 Bath, Fireplace, 3 car garage)....without the originator charging them any fees, regardless of their credit history (because they only miss the payments they were "trapped" into paying), and without indirect compensation....with a low monthly payment (I'd say $500 month on a $650,000 30 year fixed is realistic)....and get it appraised by a random appraiser willing to work for peanuts and turn around a quality report inside 72 hours. Say it with me....yes we can!!!

Evil Genius: (June 23, 2010 7:58am)

People EARN the right to home ownership. They are not ENTITLED! We are surrounded by idiots like Boner Frank. Get them out!

Player: (June 23, 2010 7:56am)

When does Barney Frank stand for re-election and how can we support his opponent?

Owl Tree: (June 23, 2010 7:55am)

Godlike..... listening to the CSPAN testimony would have been funny if not so sad. The democrats took turns excoriating lenders for "trapping" borrowers into terrible loans, and then pivoted with a straight face (give them credit, I couldn't have done that) to talk about how the goal of home ownership is the most important dream for ordinary Americans. Talk about legislative pathos.

Alabama Country Boy: (June 23, 2010 7:53am)

Just another thought for you. Why have the PMI funds been used for funding other venues instead of what it was collected for? Would FHA even need help if this had not been done? Since this is truly a tax anyway, who over sees the accounting? Who authorized these funds to be spent instead of being held in the reserve that they were collected for to protect the taxpayer from FHA defaults? Lots of questions need to be answered. Help get answers! Vote every time you are allowed to. If there is not a candidate that you feel comfortable voting for, then go vote against the worst one on the list.

sincityreality: (June 23, 2010 7:51am)

Lots of folks who were encouraged to buy homes under CRA couldn't afford them when they were "free"-nothing down, interest only. Just a payment lower than their former rent. Some people just don't have the makeup to be home owners. Forcing those who can, to subsidize those who can't, is just another large step toward total socialism.

Owl Tree: (June 23, 2010 7:50am)

Panhandle..... the Jeffersons was back around 2005-2007 for me. Since 2008, me and my dummy son Lamont have been writing deals from the back of a red pickup truck. Trying to get an HVCC appraisal done in Watts has been a challenge. Aunt Esther's refinance has been in process for over 90 days.

GODLIKE: (June 23, 2010 7:49am)

I guess the bigger question is does everyone deserve to have a home? People with credit issues (because they've made a conscious effort not to pay their bills) & people who have no money to invest into the home and therefore some interest to protect (think the Projects and how well that's worked). Now I'm not talking homeless living under a bridge, most people already have housing options. American once was great because of her people, now we manufacture or produce little or anything but sheetrock and we'd like to encourage the fat, dumb and lazy. Obama be praised!

bobbrennerloans: (June 23, 2010 7:45am)

We already tried this before when the Democrats forced Fannie and Freddie to losen their guidelines to increase homeownership. That sure worked out great! Yet another incredibly stupid idea that has no basis in sound economics. For the public, just more "feel good" political spin to eat up and for the Democrats, its just another campaign to win more votes and retain power at any cost. These fools are going to bankrupt this country.

scramick: (June 23, 2010 7:45am)

read this and you will see what the government is trying to do. Overwhelm The System!! It is not about helping people.. http://www.lvrj.com/opinion/obama-s-agenda--overwhelm-the-system-95716764.html

Alabama Country Boy: (June 23, 2010 7:44am)

Are the AMC's going to be the ones handling the homelessness issue to be sure that everybody that gets a free house hasn't been given one that does not have adequate value for them to live in?

panhandlenan: (June 23, 2010 7:32am)

Hey Owl Tree, didn't the Jeffersons come next - "We're Movin on Up"

panhandlenan: (June 23, 2010 7:30am)

Didn't we just try to give everyone a home by doing NINA, SISA, and a multitude of other ways of pretending they had the money to own one?

GODLIKE: (June 23, 2010 7:15am)

To the 9% who answered the poll and thought it was a good idea I just want to know what you were smoking? Or was it just that you did drugs to an excess as a child? Obama be praised!

Dale H: (June 23, 2010 7:14am)

WOW It really sounds like socialist propaganda! Oh But this is America, How could that Be! Sounds Like The Borders will ring with the sounds of many from all over the world wanting free houseing

rocksteadyredhead: (June 23, 2010 7:06am)

I can see it now ... HUD's next great idea to provide housing for ALL the homeless will be to put them in all the foreclosed homes, which will be paid for by those of us who work. Well, at least for the time being.

Owl Tree: (June 23, 2010 6:55am)

This reminds me of the episode of "What's Happening?"....the one where Raj and ReRun runs into trouble with his landlord, and a rent strike ensues......shouts of "No Roger, No ReRun No Rent!" ring out. The difference of course, is that was just a goofy sitcom, and this is government regulation. Then again, maybe no difference after all.

acrume1: (June 23, 2010 6:39am)

This is the worst idea since Welfare. I know Welfare serves it's purpose, but there are too many people that take advantage of the system. I can assure you this plan will be much of the same.

GaryP: (June 23, 2010 6:23am)

FHA MI has always been used to fund the other programs at HUD. Eventually the higher MI is going to replenish their reserves, especially as foreclosures go down. That's going to leave HUD ith more money for their other programs like Section 8 and low cost rental housing. So again, we have a case of hidden taxes and unintended consequences. November can't come soon enough. I just wonder if Barney's voters in Mass. have any clue as to what is going on. I suppose a lot of them will be as soon as they try to go get a conventional refi or cashout or try to buy a house over the FHA max. price.

mark: (June 23, 2010 6:21am)

Inangel1 - there is no place to file a complaint. Part of the "code", there was to be a web site where you could file a complaint but it will never go live. Fannie and Freddie will accept a complaint - if you can find someone to complain to. I have talked to My US Senator (well actually his aide) and they cannot even help. They say that it is not a Federal issue (not sue how the FHFA is not federal). Bottom line is, the banks, oops sorry, the AMC are shielded from any legislation, oversight and can run rampant without fear of any reprisal. I was told to call my State AG and file a complaint - but they are not set up for that either and there are no state laws either. NREIS is not the only ones holding payments - how about Quantrix(Chase), Streetlinks and Service Link is the worst.

Bigg in CO: (June 23, 2010 6:10am)

Hope for change I can believe in is coming in November and again in November 2012. We need to vote these re-distributionists out before it's too late. Raising fees on homebuyers and redistributing this "wealth" to the homeless is not the mission of HUD or FHA. Not to mention that it is Socialist.

Mtgbrkr1: (June 23, 2010 6:07am)

Ah, if it was attached to the bill and it didnt pass then that would be a roger! Flood,USDA funding, they havnt made it yet either. But not to worry, Stevens is going to give everyone FREE housing. We can survive Mr. Obama just not sure about the people who elected him.

brdsteven: (June 23, 2010 5:52am)

The jobs bill didn't pass again yesterday according to the local news. Does this mean that the home buyer tax credit is still set to expire the 30th of June?

Mtgbrkr1: (June 23, 2010 5:44am)

Guys, come on, all these foreclosures just sitting around vacant, you know, free health care, free house free uhhhh yep Call Barney or Chris and get what you need.

JDaniel: (June 23, 2010 5:36am)

At this point in our nation's history, why does ANYONE think that government can doANYTHING right?

Clulessdad: (June 23, 2010 5:22am)

Frank/Brian Your take on yesterday's Markup? HVCC? YSP? Flat Fee?

lnangel1: (June 23, 2010 5:09am)

MORE FUN AND FAME WITH HVCC. I received a call from an ppraisers informing me that he was having problems being paid by a AMC, (imagine that)and since these appraisals are paid upfront this didnt make any sense to me. He called me back to let me know that NREIS (AMC) is on a 120 day pay schedule so he could count on receiving his money sometime in the next 3 MONTHS! Does anyone know who he can report this to to make them get off his dime? Please let me know, this is a travisity and needs to be handled. In the mean time if any of you are using any investors who are ordering through NREIS refuse to do business with them. This is not fair or right for anyone. I wonder what Cuomo would have to say on this if it was his paycheck?

EODJIM001: (June 23, 2010 4:01am)

Typical government BS! It's OK for government to steer consumers to expensive loans but don't let a LO do it!!!!!!!!!!!!!!!!! Bad bad LO.