Mr Mortgage – Home Equity Delinquencies Surge

Posted on April 14th, 2010 by admin

Check out my new blog…

http://mrmortgage.ml-implode.com

S&P, BofA and Fitch all concur that the ‘Home Equity Implosion’ is knocking on, or kicking down rather, the front door.

Duration : 0:6:22


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25 Responses

  1. username62408 Says:

    thanks to economic …
    thanks to economic growth of the past, present cost of life makes having a job a pointless futility! yall deserve to go down with your beloved economy and taste your own medecine bunch of bloody misery inflicting
    evil doers

  2. username62408 Says:

    Mortgages …
    Mortgages Delinquencie Rise

    gee wait, heres a trick

    LOWER HOME PRICES 50gs and give poeple the freedom to own tax free land you dirt bags. Just maybe if it dident take a lifetime to pay at a 1000$ a month and people could actually own their land like natives do you’d have less delinquencies! Assrags.

  3. saveurhomeplease Says:

    We Can Help You …
    We Can Help You Save Your Home From Foreclosure Go To homesaver(DOT)tk

  4. markmti Says:

    Hi Jim – leverage …
    Hi Jim – leverage means many things to the banks as you have learned but primarily the amount of debt used to try and achieve returns.

  5. jim9847 Says:

    Mr. Mortgage,

    Can …
    Mr. Mortgage,

    Can you give me a definition of leverage? What is it? How is it used/created? What are the dangers and why would someone desire it?

  6. rcmtgs Says:

    FYI, I heard …
    FYI, I heard Fremont went to 4% on nego, my Mom heard on news Wells went to 4% on nego, but heard today someone got their 7.75 went to 7%, going to suggest he nego better. I don’t think it’s fair if your scores have always been low to go to 4% but hey if you can get it go for it! My Mom who has perfect credit & 5.75 from Nov ‘07 refi wants 4% now too. lol

  7. markmti Says:

    seems like forever.
    seems like forever.

  8. visionvictory Says:

    Went to Costco …
    Went to Costco today, NO RICE. LOW ON WHEAT, SALT, SUGAR, and Veg. Oil.

    This is real time.

  9. jim9847 Says:

    How long can these …
    How long can these banks keep this bad paper before they are forced by necessity to finally openly declare their losses?

  10. markmti Says:

    hopefully hot elvis …
    hopefully hot elvis and not 1977 elvis.

  11. donpedrosan Says:

    “percent?” or …
    “percent?” or percentage points? I can’t make oyt from the monologue. Please explain here (if you have time)

  12. r0h1tp Says:

    Appreciate your …
    Appreciate your sharing this info and exposing the hype.

  13. 7bb7b Says:

    You look like Elvis …
    You look like Elvis!!!

    I wondered all these times who you look like!!! do you sing?

    Youre Elvis Presley of the Mortgage industry!!

    LOL

  14. idahotandj Says:

    I found the answer …
    I found the answer to my question on your blog, at the very end of the article titled ” Mar existing home sale” ( The only way out of all of this remains a national recuction of mortgage balances for everyone).

    I am all over that!

  15. idahotandj Says:

    If people start …
    If people start seeing banks selling the debt back for cents on the dollar to some,would that not cause more people to default on purpose.

    Where does it end man where does it end?

  16. ioniancat Says:

    Thank you for the …
    Thank you for the truth, it’s refreshing to hear……

  17. pejvan Says:

    seems like …
    seems like everybody is kind of aware of the critical situation in the US. The Dow being pegged to 12,500 makes me feel like we are going to have on top of this crisis a financial krach.. it is going to become messy… and I don’t think Helicopter Ben is seeing the problem…

  18. sharkee69 Says:

    Great info. Many …
    Great info. Many people are upside down and don’t realize it or are in denial. Who can actually qualify for a home loan now with no more Stated Income, sub-prime, HELOCs, or 100% financing loans? The foreclosures are definitely going to reach epidemic proportions in the near future.
    Regards,
    Sharkee

  19. visionvictory Says:

    Great info, your …
    Great info, your doing a great job informing people. keep it up.

  20. mliu03 Says:

    Great stuff, …
    Great stuff, deserve 5 stars!!!

  21. makoshark123456 Says:

    don’t believe the …
    don’t believe the hype. right on! thanks for your efforts.

  22. youstwo Says:

    Great Information! …
    Great Information! Thank you.

    CHL

  23. badonkadonk34 Says:

    Thanks Mark. Keep …
    Thanks Mark. Keep it up.

  24. THolleyH46 Says:

    Absolute Gospel …
    Absolute Gospel Brother, keep on talking it up.

  25. iam420king Says:

    Passing it around. …
    Passing it around.

    Well done, Sir.

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