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Reviewing Your Adjustable Rate Mortgage
RCG’s Jillayne Schlicke was interviewed on King 5 last night…I wish her spot would have been longer. Check her out here! The piece is about resetting subprime adjustable rate mortgages. King 5’s, Chris Daniels reports that locally, we’ll see around 12,000 subprime mortgages reset over the next 6 months. Combined with lower home values... »
Introducing Jillayne D. Vader
Jillayne asks “How come I always get stuck with the Darth Vader topics?” (see comment 15). Ummm….maybe you should remove your long black cape! You go, Girl! »
Subprime Solutions
This is part four of a four-part series of blog articles about the subprime mortgage problems. In part one I sketched the rise and fall of subprime loan products and their relation to predatory lending practices within a capitalist system. In part two, I examined the structural relationship between a professional and his or... »
Winds of Change; The Rise and Fall of the Subprime Market
This is part one of a series of blog articles on the subprime mortgage market correction. In today’s article, I will briefly sketch the rise and fall of subprime loan products and their relation to predatory lending practices within a capitalist system. When I first entered the industry in 1985, Conventional loans were the cream... »
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