Monthly Archives: September 2008
AIG’s Tentacles Widespread
Courtesy of The Denver Post… "The nation’s largest insurer was No. 13 on the 2007 Fortune 500 list of largest U.S. companies, with revenues of
The Bailout Blueprint
Here’s how a bailout works, courtesy of The Denver Post… 1. Borrowed FundsTaxes paid by individuals and businesses provide the majority of money to run
Last Week’s Market Activity
This is courtesy of Sean Curley at The Retirement Planning Specialists, 303-771-3088 or www.RPSpecialists.com 1. There are serious issues with the balance sheets of many
Wells Fargo Upgrades the Metro Area
How about some good news!! Colorado’s largest mortgage lender is making it easier for homebuyers to borrow money. Wells Fargo Home Mortgage on Saturday upgraded
The Financial Market – The Morning After
We awoke Monday morning to 3 very serious announcements… Lehman Brothers, burdened by $60 billion in soured real-estate holdings, filed a Chapter 11 bankruptcy petition
Will You Profit From Fannie / Freddie Failure?
Courtesy of Paul BartonCertified Mortgage PlannerCherry Creek Mortgage720-200-6870pbarton@ccmclending.com Mortgages are in the news again today…but this time, the news is good! Especially for people looking
Bail Out Good or Bad?
To put the Fannie / Freddie bail out in perspective, 1.22% of Fannie loans and .81% Freddie loans are delinquent 90 days or more, as
Fannie / Freddie Bail Out
NEW YORK (Reuters) – U.S. mortgage rates fell on Monday after the government seized control of Fannie Mae and Freddie Mac, raising hopes the plan
Denver Leading Upward Move
Denver home prices show the strongest rebound of the 20 markets studied, according to the S&P Case-Shiller Home Price Indices. The report released August 26