Jerry Wright's (jerrywright) Blog

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Mortgage and Lending - Absolute Mortgage

ARCHIVED BLOG POSTS

2007 

Refinancing in Lake Stevens is not as tough as all the media is claiming.  Yes there has been a slough of sub prime lenders that have went out of bussiness.  Today American Home Mortgage stopped funding loans.  Some people may ask, How does that effect my refinance in Lake Stevens.  Well it just ...
07/31/2007
American Home Shares DelayedAfter Banks Make Margin CallsBy MIKE BARRISJuly 30, 2007 11:31 a.m.NEW YORK -- Shares of American Home Mortgage Investment Corp. didn't open for trading Monday morning after the company said late Friday its banks are demanding it put up more cash after the mortgage len...
07/31/2007
Did anyone see that article in Yahoo on Tuesday?  They listed the top 500 foreclosure zipcodes in the US.  Not one was in Washington.  I work around Everett and the big talk is when it will hit the Edmonds, Lynnwood or Lake Stevens areas around Snohomish County.  Well even though our inventory is...
07/26/2007
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Jerry Wright

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