Bay Area Mortgage Blog

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Mortgage and Lending - Platinum Home Mortgage Company - NMLS #238304
Small, easy to read mortgage tidbits from a California lender take you from application to approval in 300 words or less.

ARCHIVED BLOG POSTS

2008 

Our office has learned from a reliable source that Wachovia (formerly World Savings) has decided to stop doing neg am loans completely. In conjuction with this news, they will also announce the closure of approximately 100 offices nation wide. It has also been reported that for all Wachovia loan ...
06/30/2008
Here in California, its a jungle out there. Buyers have stopped waiting for houses to "GO LOWER". They are not wondering if buying real estate is a "good idea". And they sure aren't thinking about the potential for appreciation. They have only one thing on their mind: Get in while you can. They a...
06/29/2008
Some people think banks don't want to loan money right now. Sheesh, what would make ANYONE think THAT? Could it be that all that red ink flowing from the bank's mortgage division has somehow gotten those bankers excited about doing more of the same? Is it because foreclosures and short sales are...
06/17/2008
9 Comments
Daddy Dearest, When you get to my age, having a father like you is definately a pure luxury. Did you know when we are together, people often pull me aside and say this with great envy: "That's your Dad? Wow." The only reply I can muster is, "Yes, that's him. That's my Dad". What they see is the 8...
06/15/2008
My readers know I have confessed to having a bad case of COMMENT ADDICTION. But when a post inspires an outsider to comment, we are afforded the RARE OPPORTUNITY of getting inside the head of the very person for whom the blog tolls. Could there be more valuable insight than this about how the wor...
06/13/2008
When daughter and her betrothed could not ignore my nagging any longer, these 23 year olds (freshly graduated from UC Berkeley) set out to buy a house. Back then, the market was on fire here in California.  The kids looked, well, like kids. Blond and skinny, jeans and flip flops. I knew they had ...
06/04/2008
It has been with great interest that I have followed Mike Mueller's blog the last few weeks, which to my amazement, has included an informative video on each post. Envious (as always) of his technical savvy, with no hope of EVER catching him (in points OR tech savvy...darnit), I finally came to a...
06/01/2008