Comments on: Mortgage Mania – Part 10, The Credit Crunch http://3oceansrealestate.com/blog/mortgage-mania-part-10-the-credit-crunch.html Commentary on the real estate market of the San Francisco Bay Area Sat, 13 Mar 2010 18:45:15 -0700 http://wordpress.org/?v=2.8.4 hourly 1 By: Dick Todhunter http://3oceansrealestate.com/blog/mortgage-mania-part-10-the-credit-crunch.html/comment-page-1#comment-111500 Dick Todhunter Mon, 08 Oct 2007 00:10:26 +0000 http://3oceansrealestate.com/blog/mortgage-mania-part-10-the-credit-crunch.html#comment-111500 We are truly in tumultuous times. And I agree with most of Eric's recommendations. Have a problem with his first comment though. Making multiple applications is not advice that I can imagine making, especially from a mortgage broker! I have actually had two loan applications from the same borrower show up at the same lenders office! Unless you are saying that you, the LO, submit to multiple lenders. That's possible, but not appreciated by lenders. Then when locking rates you have to cut bait with one lender. You might find my blog Fed’s Bernanke Speaks and possible impact on you an interesting read. We are truly in tumultuous times. And I agree with most of Eric’s recommendations. Have a problem with his first comment though.

Making multiple applications is not advice that I can imagine making, especially from a mortgage broker! I have actually had two loan applications from the same borrower show up at the same lenders office!

Unless you are saying that you, the LO, submit to multiple lenders. That’s possible, but not appreciated by lenders. Then when locking rates you have to cut bait with one lender.

You might find my blog Fed’s Bernanke Speaks and possible impact on you an interesting read.

]]> By: Marco Gonzalez http://3oceansrealestate.com/blog/mortgage-mania-part-10-the-credit-crunch.html/comment-page-1#comment-103725 Marco Gonzalez Fri, 07 Sep 2007 18:42:19 +0000 http://3oceansrealestate.com/blog/mortgage-mania-part-10-the-credit-crunch.html#comment-103725 interesting post and you also got a nice comment from Tara. feed us with more post... enjoyed... =) interesting post and you also got a nice comment from Tara. feed us with more post… enjoyed… =)

]]> By: Tara Jacobsen http://3oceansrealestate.com/blog/mortgage-mania-part-10-the-credit-crunch.html/comment-page-1#comment-101406 Tara Jacobsen Sat, 01 Sep 2007 11:57:03 +0000 http://3oceansrealestate.com/blog/mortgage-mania-part-10-the-credit-crunch.html#comment-101406 Great quote in the paper - I am enjoying your perspective on the mortgage meltdown! Great quote in the paper – I am enjoying your perspective on the mortgage meltdown!

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