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Tag: banks
Will the U.S. Now Begin to Take Ownership Positions in Banks?
From the NY Times: U.S. May Take Ownership Stake in Banks
Having tried without success to unlock frozen credit markets, the Treasury Department is considering taking ownership stakes in many United States banks to try to restore confidence in the financial system …
Treasury officials say the just-passed $700 billion bailout bill gives them the authority to [...]
Posted: October 8th, 2008 under Bank failures, housing-crisis.
Tags: bailout, banks, government, ownership, real-estate, US
Comments: 26
Licensed to Loan
This New Year brought significant changes to the mortgage industry. Loan Originators who provide residential loans in Washington State are now required to be licensed. This legislature applies primarily to Mortgage Brokers and not LOs who are employed by banks or credit unions. As I am employed by a Mortgage Broker (technically, we [...]
Posted: January 12th, 2007 under General Real Estate.
Tags: banks, credit-unions, dfi, law, lenders, licensee, loan-officer, loan-originator, Mortgage and Lending, mortgage-broker, Washington
Comments: 27
Interest Rates are Down
I’ve been working on listings more than buyers for a bit until recently. I had two offers to write yesterday, and was surprised to see the 30 year conforming at 6.125 and the jumbo at 6.375.
My perception was that interest rates were climbing, but looks like they are back down. Would love [...]
Posted: August 16th, 2006 under General Real Estate.
Tags: banks, interest, lenders, rates
Comments: 6
