Detroit Mobile Notary Signing Agent Blog - Notary Tips & News
Wednesday, January 30, 2008

Another Rate Cut

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Fed Cuts Federal Fund Rate to 3% .

Is The Rising Arson Rate Linked To Mortgage Woes?

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I own a home in Wayne County, Michigan that I've been trying to sell for almost two years (two house payments, what fun). No U.S. county...
2 comments:
Tuesday, January 29, 2008

Michigan Third In U.S. Foreclosures

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Nearly 2% of all homes at risk. Wonderful Wayne County is up over 40% with 41,000 filings. What county am I in you ask? Um, that would be ...
Monday, January 28, 2008

And Now, Back To More Bad News

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New home sales dropped by over 25% in 2007, the biggest decline on record. The 2007 figure surpassed the previous record of 23.1% in 1980.
Tuesday, January 22, 2008

Drastic Rate Cut By Feds

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The Federal Reserve Board cut the federal funds rate by 3/4 of a point to 3.5% in a dramatic move amidst worldwide worries about the U.S. ...
Friday, January 18, 2008

Would You Live In A Giant Golf Ball?

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World's most extreme homes .
Thursday, January 17, 2008

What? Some Good News?

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Mortgage applications soar to a near four year high as interest rates continue to drop (No Stephenville, the spaceship photo is NOT real).
1 comment:
Wednesday, January 16, 2008

Citigroup Announces Major Losses, IndyMac Cutting 2400 Employees

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Citigroup Bank posted a jaw dropping $9.83 billion loss (yeah, that's billion with a b) for the fourth quarter of 2007. In addition, C...
Saturday, January 12, 2008

Blogger In Draft - Try Some Cool Features Before Your Blogger Buddies

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Blogger in Draft allows bloggers to try out new Blogger features before they're available on regular Blogger. You can add a You Tube ...
Friday, January 11, 2008

Close Your Eyes & Hang On

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Bankruptcy rumors , severe stock drops , record foreclosures , buyout rumors , dramatic stock gains . Ho hum, just another average week for...
Thursday, January 10, 2008

Feds Make It Clear - More Rate Cuts On The Horizon

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In a prepared statement, Fed Chairman Ben Bernanke stated : “We stand ready to take substantive additional action as needed to support grow...

Uniform Closing Instructions - Part Deux

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How does the UCI affect signing agents? Well, it's not easy to say right now. Many of the items covered in the instructions are things ...
Monday, January 7, 2008

And The Boobie Prize Goes To....Subprime

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"Subprime" is chosen by linguists as word of the year.
Saturday, January 5, 2008

Uniform Closing Instructions - Part 1

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In the first part of 2008, many lenders should begin implementing the Uniform Closing Instructions (UCI). The instructions are intended to ...
Wednesday, January 2, 2008

PMI Defaults Set Monthly Record

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According to the Mortgage Insurance Companies of America, loan defaults hit a record 61,000 in the month of November, a 35% increase from N...
Tuesday, January 1, 2008

It's The New Year

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Do you have a business plan? Now is the time to review your practices from 2007, decide what worked and what didn't, and plan out your...
Friday, December 28, 2007

How Did We Get Here?

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Thanks to Rebecca Fair for posting this on Notary Rotary - The Washington Times reviews the circumstances behind this year's housing b...
Sunday, December 23, 2007

What Ever Happened To The Vantage Credit Score?

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Last year, credit companies were touting a new credit scoring system that was in the works. The VantageScore was supposed to simplify credi...
Monday, December 17, 2007

Does The Detroit Free Press Read The Detroit Notary Blog?

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Two weeks ago I introduced a new feature on my site called Driving Metro Detroit , a picture diary of the best and worst of the Metro Detro...
Saturday, December 15, 2007

Random Conversations From This Week

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Yield Spread - This week, I overheard a loan officer talking to a borrower about yield spread. He explained to the borrower that if he qual...
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