Mr Mortgage - Home Sales and Foreclosure Update

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Check out my site at http://mrmortgage.ml-implode.com

Tags for this video: alt-a california crisis foreclose foreclosure housing mortgage subprime

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Brilliant! Thanks, ... ( 4 months ago by Ambiepants08)

Brilliant! Thanks, Mark. So glad you are back with a new video. If I could give you 6 stars, I would!

Nice to hear from ... ( 4 months ago by yknaught1)

Nice to hear from you again Mr.M!! What are your thoughts on the "new" housing bill and what effect, if any, it will have on the present market. Also, is it conceivable that eventually the market could actually start working in reverse of what it historically had done?
Instead of buyers "moving up" to gain the larger, fancier, "better dressed" homes, buyers may start "moving down" to get out from under the negative equity or to avoid a nasty reset.
Interested to hear/see your thoughts.

Great work as ... ( 4 months ago by ohio1998)

Great work as always. Still renting and loving it. My landlord just forclosed on my property this month. No problems, just had to move into a 2/2 instead of my old 1/1 for $30 more a month!!!!

Glad to see you ... ( 4 months ago by gat867)

Glad to see you again Mr Mortgage. Great work and thank you for your analysis jammed packed with data. And like a few others, still renting and patiently waiting.

Right on the money! ( 4 months ago by tyronebiggums3)

Right on the money!

Array ( 4 months ago by fragmat)

Welcome back Mark.
Good to see you my friend.
;)
Frag

car business is ... ( 4 months ago by Repomex01)

car business is next.

I can't follow all ... ( 4 months ago by disasterpastor45)

I can't follow all these rapid-fire numbers he's spewing. Is there a Power Point Chart to go with this?

Hey Mark, here's ... ( 4 months ago by FXNorm)

Hey Mark, here's what the banks are pullin.
Sept. 4 (Bloomberg) -- Lehman Brothers Holdings Inc. may shift about $32 billion of commercial mortgages and real estate to a new company that will be spun off in a move similar to the good-bank-bad-bank model used in the 1980s banking crisis.

awesome info keep ... ( 4 months ago by Hirisk2298)

awesome info keep it coming..wink wink

Excellent analysis. ... ( 4 months ago by ATAINC23)

Excellent analysis. Keep up the good work.

Excellent... ... ( 3 months ago by Benzini9)

Excellent...Although my condo is a bomb investment. Im sitting renting it out saving for a down payment on one of "Mark's" bank REO houses. Keep up the stats Mark. You Rock!
G

Thank you, Mr. ... ( 3 months ago by replay0)

Thank you, Mr. Mortgage. I love your insight. I'm saving up to buy a home late 2009, if not 2010, because of forecasts by honest professionals like yourself.

My home is going ... ( 3 months ago by fifthavenuegirl)

My home is going into foreclosure in the next week. I loved my home. It looks like prices are going up on Zillow. I wonder if Zillow or maybe the banks are manipulating...i.e. am wondering if the banks are buying their properties back at a higher price so it looks like the prices are higher. Zillow had the absolute WORST house in the neighborhood (and it's a mixed neighborhood - a junky drug addict house for $383k and my home which was beautiful shows $164k.

Already started. ... ( 3 months ago by Puzzoozoo)

Already started. Here in Britain new car sales are down 40% up to now.

Your an awesome ... ( 3 months ago by saiyouken)

Your an awesome presenter on this topic. Its slightly depressing of course with all the blue days ahead. Will prices ever get back to bubble levels?

I'm from Texas.The ... ( 3 months ago by chadandbarby)

I'm from Texas.The boom skipped us. We actually only had a short boom created from the transfer of equity from CA people in 05 and 06. Our turn around occured when investors flew to our foreclosures like flies on chit. Once frclsurs were gone, things were great, so I'm not sure I agree with the "organic" sales as the cure. I did dozens of loans with countrywide. They were big on the interest only and heloc ect. They had some crafty crap going on. ethics were traded for numbers etc. 90%+? yep

zillow gets the ... ( 3 months ago by wizardeal)

zillow gets the exact home locations wrong a lot, I have 3 on the same block and they give the value for the one across the street as the other and the one as another one down the block, its an imperfect system

I though that these ... ( 3 months ago by cmritchie04)

I though that these loan products were insured, if they were then the insurance company should be taking action not the federal government. These are private investments not federal investments so the federal government should not bailing them out the insurance companies that insured the loan products should be bailing them out.

in spite of all the ... ( 3 months ago by ITILII)

in spite of all the bad stuff happening, it does make you feel better to see a few honest people such as Mr Mortgage, Don Harrold, Man of Truth, Vision Victory and others who are telling the truth and helping others, what a concept

This is all great ... ( 2 months ago by z28com)

This is all great news!! Homes need to keep dropping until the average home is 3x the cost of a household income. A household making $50k should be able to afford a $150k home. Instead there's too many $300-500k houses. I wish all of these houses would tank in foreclosures.

The only people ... ( 2 months ago by Spurgeon123)

The only people stupid enough to buy those stick homes for 500,000 dollars were illegal immigrants which was orchestrated by Fannie and Freddie which is run by the democrats to implode America to bring about Obama socialism. Wake up America, this crisis has been planned for years and its fail proof.

I have a question ... ( 2 months ago by alotsum)

I have a question for you. Your stupidity, was it accident induced or biological?

thehelpfund.blogspot ( 2 days ago by mannyfeseha)

thehelpfund.blogspot

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