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Monthly Archives: September 2008

AIG’s Tentacles Widespread

posted by: Drew Schneider in General

Courtesy of The Denver Post… "The nation’s largest insurer was No. 13 on the 2007 Fortune 500 list of largest U.S. companies, with revenues of

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The Bailout Blueprint

posted by: Drew Schneider in General

Here’s how a bailout works, courtesy of The Denver Post… 1. Borrowed FundsTaxes paid by individuals and businesses provide the majority of money to run

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Last Week’s Market Activity

posted by: Drew Schneider in General

This is courtesy of Sean Curley at The Retirement Planning Specialists, 303-771-3088 or www.RPSpecialists.com 1. There are serious issues with the balance sheets of many

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Wells Fargo Upgrades the Metro Area

posted by: Drew Schneider in The Market

How about some good news!! Colorado’s largest mortgage lender is making it easier for homebuyers to borrow money. Wells Fargo Home Mortgage on Saturday upgraded

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The Financial Market – The Morning After

posted by: Drew Schneider in General

We awoke Monday morning to 3 very serious announcements… Lehman Brothers, burdened by $60 billion in soured real-estate holdings, filed a Chapter 11 bankruptcy petition

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Will You Profit From Fannie / Freddie Failure?

posted by: Drew Schneider in General

Courtesy of Paul BartonCertified Mortgage PlannerCherry Creek Mortgage720-200-6870pbarton@ccmclending.com Mortgages are in the news again today…but this time, the news is good! Especially for people looking

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Bail Out Good or Bad?

posted by: Drew Schneider in General

To put the Fannie / Freddie bail out in perspective, 1.22% of Fannie loans and .81% Freddie loans are delinquent 90 days or more, as

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Fannie / Freddie Bail Out

posted by: Drew Schneider in General

NEW YORK (Reuters) – U.S. mortgage rates fell on Monday after the government seized control of Fannie Mae and Freddie Mac, raising hopes the plan

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Denver Leading Upward Move

posted by: Drew Schneider in The Market

Denver home prices show the strongest rebound of the 20 markets studied, according to the S&P Case-Shiller Home Price Indices. The report released August 26

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