Long Island Real Estate Appraisers

Topic Page | Loan Modifications

December 8, 2011


Loan Modifications

There is No Limit to Idiocy


What happens when you get two idiots in a fur covered van?  A movie called dumb and dumber.  Very funny indeed. What happens when you get 485 idiots in one city?  Congress, that’s who. Case in point – the conforming loan limit.  Leading the jester parade is Robert Menendez (D) New Jersey. What the reversal […]

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The Obtusely Obvious Advice of the NYT


So the new breaking news from the NYT is that 79% of the mortgages that were closed in 2011 were refinances. That would make sense, wouldn’t it?  I mean, there is very little selling and the economy is on life support so how else could there have been originations? Not to mention the fact that […]

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The NYT is at It Again


Oh the New York Times is at it again stating the obvious and distorting effects. There is no question that the NYT is a left leaning organization. In fact, before I get started with the facts of the matter in question, I am going to rail a bit about journalism in order to blow off […]

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