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  • Rain City Mortgage Rates (17)
    • synthetik: ALERT: if you are planning on closing a mortgage with loan amounts of $417,001-$567,500 by the end of the year, you are a freaking moron. Deflation folks....
    • ARDELL: Sorry, thought sampai’s comment was on my post where we were talking about his condo post. Didn’t mean to hijack your post, Rhonda :) I’m a...
    • Kary L. Krismer: Ardell, re #13, if that was in response to #10, what I was referencing was rapid appreciation over a short period of time, not absolute value. If...
    • Rhonda Porter: If your loan amount is over the conforming limits of $506k, you may be better off with a small local bank or credit union–there still is not a...
  • $7,500 1st Time Buyer “Credit” is a LOAN (33)
    • Kristi: I have a question, If we purchase a home and close on February 6, 2009 when will we recieve the $7,500? Right away, not until we file our 2009 taxes?
  • Did the recent market shift affect Hitler too? (28)
    • Kary L. Krismer: I don’t listen to enough of those people to know. Maybe Rogers? The problem is you need someone that’s consistently one position to...
    • Eleua: KLK, Would you care to name a particular “broken clock?”
    • Alan: Take a look at these quotes from Taleb: http://www.fooledbyrandomness. com/imbeciles.htm
  • Wells Fargo to Cut Jobs in Wholesale Lending (2)
    • Russ: Rhonda: You are correct. The true broker market is going to be decimated. There will not be any mom & pop broker shops anymore. All of the lenders are...
  • Nana needs a booster seat by tomorrow night (16)
    • ARDELL: The airlines are charging for every bag and item these days! We borrowed Joan’s, which was a blessing. It’s not even 2 p.m. of day one and I...

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Tag: indymac

Join me for a Housing Market Conversation with Lawrence Yun

I don’t normally cross-post between 4realz.net and Rain City Guide, but tomorrow I’m having a conversation with the Chief Economist of the National Association of REALTORS that I think will interest many people in the Rain City Guide community.   We’re going to be talking about the effect that the recent news associated with the FDIC [...]

Posted: July 16th, 2008 under Agent Advice, Buyer Information, Seller Information.
Tags: , , , , , , ,
Comments: 81

IndyMac Leaves the Mortgage Arena

This announcement from IndyMac came via a press release today:
“…effective July 7, 2008, that we will no longer accept any new loan submissions or rate locks in our retail and wholesale forward mortgage lending channels, except for our servicing retention channel. We plan to honor all of our existing rate-locked loans and will continue to [...]

Posted: July 7th, 2008 under Mortgage and Lending.
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Comments: 20