Modified Subprime Mortgages Redefault
Fitch Ratings is slated to release a report this week showing that 65 percent to 75 percent of modified subprime mortgages will still fall behind by 60 days or more...
continue readingMortgage Rates in Nashville Lower Again
Freddie Mac reports a drop in the 30-year fixed mortgage rate to 4.82 percent during the week ended May 21 from 4.86 percent the prior week, while the 15-year fixed...
continue readingSEC and Auburn Football TV Schedule
Greetings from the Gulf Coast and the 2009 SEC Spring Meeting. As you may know, all 12 athletic directors from the conference are meeting in Destin this week just...
continue readingGM Received $19.4 Billion in Bailouts Still Bankrupt
My thoughts about the news that GM has announced they are most likely going to file for Chapter 11 bankruptcy on Monday. Okay, so let me get this straight. The...
continue readingReal Estate Market Trends in Nashville
According to the latest Zillow real estate market reports, home values in Nashville decreased 5.6 percent in the first quarter of 2009, compared to the first quarter of 2008. Nationally,...
continue readingForeclosures Rise on Prime Mortgages
This article entitled “Job Losses Push Safer Mortgages to Foreclosure” appeared in the NY Times on May the 25th, 2009. The authors are Peter Goodman and Jack Healy: As job...
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