Random Feed wrote an interesting post today on
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Mike Rorty has been on something of a crusade to ban prepayment penalties on mortgages. Somehow he has concluded allowing banks to charge prepayment penalties leads them to make riskier loans.So I don’t misstate his argument, here is how it appears in his most recent post:Nope. One way to do it would be to ban prepayment penalties at the federal level. In that entry, we worked out a model where banks were able to bet on house prices rising by using prepayment penalties to capture part of the ris

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Random Feed wrote an interesting post today on
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With the rise of interest rates and the drying-up of the refinance market, it makes sense to transition your business to the purchase money market. After all, home purchase loans will become the bulk of your broker transactions and it is only prudent to be prepared to capture these leads. Of course, you will always have the occasional debt consolidation, or divorce cash-out refinance, even some b-paper subprime loans. But, the majority of your coming business will be in the purchase market and

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Random Feed wrote an interesting post today on
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With all of the media attention that real estate and mortgage s have demanded in recent years, it’s important to not forget the fundamentals. Nothing real has changed. I know the mortgage meltdown problem is real, but real estate is still valuable and not as scary to jump into as the media leads often states. There are a few key reasons why now might possibly be the best time in history to be a first-time homebuyer. Photo by seanosh via Flickr Home Prices are Bottoming I don’

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Random Feed wrote an interesting post today on
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Why Buying A Timeshare Is A Great Investment Apr 21st, 2009by Chris Channing by Chris ChanningVacation property is so expensive that very few are able to afford it. Even renting hotel rooms during a vacation is incredibly expensive, which leads way to a solution in timeshares. A timeshare will allow you to share a vacation property, and only pay a fraction of the cost.If you like to take vacations each year, and most do so at least once during the Summer, you are going to be a good candidate f

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Random Feed wrote an interesting post today on
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More details are emerging Monday on the death of 37 year old AAA wrestler Andres Palomque Gonzalez, better known to fans as Abismo Negro. According to eyewitnesses, Gonzalez suffered a nervous breakdown while on a bus ride and forced the driver to let him out around the river where he would ultimately be found dead.

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