Here are the slides from my Denver presentation at the Marknet Alliance/National Auctioneers Convention on Dec 1, 2008. “There Always Was a Subprime Market.”
Interesting Story Predicting that all Banks Will Eventually be Nationalized
Losing Control, from Alphaville
Predators are Still Safe
The author of this article is Gordon Schlicke If there was ever a time when federal regulators should be knocking heads it’s now. The plain truth about the subprime meltdown is that investors got greedy and lenders began looking the other way. There’s plenty of blame to go around but now the blame rests with those […]
News Roundup for Oct 6th
News Roundup: CR Writes: BOA Cuts Dividend in Half; Sees Further Weakening. SEC Takes Action Against LA Mortgage Brokers Yves at Naked Capitalism gives us Roubini’s recommendation Countrywide Settlement from Attorney General Rob McKenna’s website Mortgage Porter on How Unmarried Individuals Can Take Title to Real Property Seattle Bubble: WaMu Executive Warned Board of Pending […]
Land Titles; Insurance and Clearance
I’m teaching a 30 clock hour class on Land Titles this fall through Bellevue College on Thursday evenings. Here are the details. We’re going to cover a lot in 10 weeks including how to read a legal description, clearing title, exceptions, and claims. BCC is also going to add some of CE Forwards’s continuing ed classes to […]
CR on a panel at Inman Connect
I’m here at Inman Real Estate Connect and am very happy to report that one of my favorite bloggers, CR, from the blog CalculatedRisk will be part of a panel tomorrow afternoon along with another great blogger, Yves Smith from NakedCapitalism. Many of my colleagues are signed up for the blogger sessions in the morning, […]
Heading out to Inman Connect
This week I will be in San Francisco attending Real Estate Connect which is put on by Inman Real Estate News. I attended two other Connect conventions and I have fond memories of both. I remember sitting in an audience of at least a thousand Realtors listening to our keynote speaker who was none other than […]
Fannie and Freddie: The ultimate bailout
At this moment in time, I simply can’t wrap my head around the idea that Fannie Mae and Freddie Mac would be allowed to fail. Instead, it seems more likely that the federal government would jump in and prop up the GSEs with our tax dollars. A moral hazard yet the lesser of two evils? […]
New State Enforcement Law Targets Realtors Who RECEIVE Title Insurance Company “Items of Value”
A “Risk Management” Alert bulletin was distributed to real estate brokers in Washington State this week in anticipation of yet another new state law, SB 6847 that will go into effect on June 12th. Here is the bulletin June 3, 2008 SUBJECT: RISK MANAGEMENT ALERT To Share at This Week’s Office Meetings THIS WARNING APPLIES TO […]
Distressed Property Law HB 2791
By Jillayne on May 28, 2008 in Fiduciary Duties, Pre-foreclosures, Short Sales, Washington State Laws
There is a lot of confusion, anger and fear surrounding the new Distressed Property Law. I’m not going to jump on the bandwagon and do a critical analysis of the law here. Instead, jump into the way-back machine and take a trip through these links to 2004, 2005, 2006 and 2007 when foreclosure rescue scams started to […]