raman kandola's (kandolamortgage) Blog

     Federal Reserve Chairman Ben S. Bernanke few weeks ago blamed loose lending for the recent turmoil in the mortgage market and told Congress that "it's worth looking at" the idea of creating a law against certain lending practices.  Is fit a sign that the congress would bail out the family's ...

    California has been the place of dreams for generations of Americans. Many have flourished on the upward spiral of California property values and are now considering the future. For others, the price of entry has been a frustrating barrier. In either case, the ultimate dream for most of us is...

   Are lenders trying to be an alligator, the whole foundation of the mortgage business has increased the volatility, and shaken the big position investor.  I did have a talk to a big financial hedge fund manager, according to him the mortgage industry is taking a big hit from the media, legislat...

Lumber and chemicals are showing "signs of weakness"... The chemicals outlook continues to be tied directly to the strength of the U.S. economy, while the lumber industry is - of course - closely related to the housing market... With a forecasted economic slowdown and an already slowing housing m...

    The housing boom beneficiary sectors are exerting a greater and greater drag on overall job growth, but employment outside of those sectors has been healthy enough to shake it off. The construction, retail, and finance/real estate sectors... have collectively shrunk 2.7% since January 2006. O...

     The number of homes entering some stage of foreclosure -- from notice of default to bank ownership -- increased 45% in January from the same period a year earlier, according to Irvine, Calif.-based RealtyTrac.I hope this isn't news to you: Another stock market crash is on its way. That's the...

     Short term real estate valuation has been down, since it has peaked last year.  The house prices has been down 30-40% from their all time high.  Added the foreclosure, and themortgage tightening of the market.  To those people who are looking for a "pinch hitter" or a "home run" market.  We ...

     I was astound to get a quote from the biggest A paper lender in the mortgage industry.  Is it a mortgage spill over, added with the tightening credit, and not getting the right terms from the big investment backers has shaken the whole mortgage credit spectrum.  In one county in California l...

   Inflation is really vital for a real estate growth.  We have seen a number of country growing double digit for thepast two (2() decade, but if you take a look at the inflation number, they have almost a near two (2) digit inflation increase year by year.  United States has always played really...

   It is really sorry to say in foreclosure market we have a lot family's losing their house.  But their are a lot of "business minded" people who have taken advantage of this distressedhome owners.  Just a word of caution to make sure that you need to know the people whoyou are dealing with.    ...