Comments on: Chase Eliminates Stated & No Income Alt-A Loan Types http://blownmortgage.com/2007/09/14/chase-eliminates-stated-no-income-alt-a-loan-types/ #1 Free Home Loan Modification & Debt Relief Help For US Home Owners - Truths, Facts & News About the Mortgage Industry Sat, 07 Nov 2009 02:53:18 -0700 http://wordpress.org/?v=2.8.3 hourly 1 By: Housing Wire » Mortgage Market Roundup, Sept. 16 http://blownmortgage.com/2007/09/14/chase-eliminates-stated-no-income-alt-a-loan-types/comment-page-1/#comment-4171 Housing Wire » Mortgage Market Roundup, Sept. 16 Sun, 16 Sep 2007 19:36:09 +0000 http://blownmortgage.com/2007/09/14/chase-eliminates-stated-no-income-alt-a-loan-types/#comment-4171 [...] to current-period losses reported by most for the second quarter. Morgan Brown at Blown Mortgage provides a post that suggests that much of that posturing may have been hot air, noting that Chase just this week [...] [...] to current-period losses reported by most for the second quarter. Morgan Brown at Blown Mortgage provides a post that suggests that much of that posturing may have been hot air, noting that Chase just this week [...]

]]> By: One September Week In Review | Future of Real Estate and Loans http://blownmortgage.com/2007/09/14/chase-eliminates-stated-no-income-alt-a-loan-types/comment-page-1/#comment-4145 One September Week In Review | Future of Real Estate and Loans Sat, 15 Sep 2007 21:50:28 +0000 http://blownmortgage.com/2007/09/14/chase-eliminates-stated-no-income-alt-a-loan-types/#comment-4145 [...] Another Lender Tightens Their Belt [...] [...] Another Lender Tightens Their Belt [...]

]]> By: Ann http://blownmortgage.com/2007/09/14/chase-eliminates-stated-no-income-alt-a-loan-types/comment-page-1/#comment-4119 Ann Sat, 15 Sep 2007 02:44:41 +0000 http://blownmortgage.com/2007/09/14/chase-eliminates-stated-no-income-alt-a-loan-types/#comment-4119 Again the same thing as before..Wall Street demands the credit rating of the mortgage backed bonds be secured..Chase is following down the path of bringing Wall Street investors back into the game...expect alot more changes on the next 6 months for all banks, mortgage brokers,warehouse lines, correspondent lending,"non bank" lenders and third party orgininations...Remember there are businesses in this country that are very powerful and have the means and money to make the rules: 1)Banking, 2)Insurance 3)Oil Again the same thing as before..Wall Street demands the credit rating of the mortgage backed bonds be secured..Chase is following down the path of bringing Wall Street investors back into the game…expect alot more changes on the next 6 months for all banks, mortgage brokers,warehouse lines, correspondent lending,”non bank” lenders and third party orgininations…Remember there are businesses in this country that are very powerful and have the means and money to make the rules: 1)Banking, 2)Insurance 3)Oil

]]> By: David http://blownmortgage.com/2007/09/14/chase-eliminates-stated-no-income-alt-a-loan-types/comment-page-1/#comment-4097 David Fri, 14 Sep 2007 19:26:26 +0000 http://blownmortgage.com/2007/09/14/chase-eliminates-stated-no-income-alt-a-loan-types/#comment-4097 Hey, The 3rd quarter earnings are coming due next month and it's not going to be a pretty. Merril, Goldman , and bearsterns all will take massive losses to there hedge funds that hold the mortgage backed securities. Never before in history of this great county have we faced a financial crisis of this magnitude. No one know where the bottom is. It was reported that last month for every 2 homes that were sold, one went into default. At this point everyone is walking on egg shells. I hope we find the bottom soon!!!!!!!!!!!!!!!!!!!!! Hey,

The 3rd quarter earnings are coming due next month and it’s not going to be a pretty. Merril, Goldman , and bearsterns all will take massive losses to there hedge funds that hold the mortgage backed securities. Never before in history of this great county have we faced a financial crisis of this magnitude. No one know where the bottom is. It was reported that last month for every 2 homes that were sold, one went into default. At this point everyone is walking on egg shells. I hope we find the bottom soon!!!!!!!!!!!!!!!!!!!!!

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