housingbubblecasualty.com

Soft landing??? Not so much…

SoCalMtgGuy — Tue, 31 Mar 2009 16:25:53 +0000

So much nonsense going on in this country, where to start?!?!? I will keep it simple for now, and I just want to put this article out there for all the ‘experts’ and real estate geniuses of a few years back. Seems your ‘level out’ and ’soft landing’ theories didn’t pan out so well. Read this: [...]

MUST WATCH VIDEO!!!

SoCalMtgGuy — Thu, 19 Feb 2009 16:45:41 +0000

No time to talk now….just watch this video!! About time SOMEBODY in the media say it!! MUST SEE! DO YOU WANT TO PAY YOUR NEIGHBORS MORTGAGE??? Stay tuned… SoCalMtgGuy

R.I.P Personal Responsibility…the guvment is in charge now

SoCalMtgGuy — Wed, 18 Feb 2009 19:47:34 +0000

I want to apologize to all the readers that read this blog and decided NOT to purchase a house. Had I know we could have bought houses that we couldn’t afford, at rates that we ‘knew’ were going to adjust higher, AND that the guvment was going to come in and ’save’ us, I would [...]

Like many stupid borrowers, Congress ’signs’ something they never read

SoCalMtgGuy — Sat, 14 Feb 2009 00:08:03 +0000

I don’t know what to say. I am really and truly at a loss. They said they would give ‘the people’ 48 hours to see the final bill before they voted on it. The 1100 page bill wasn’t even complete barely 12 hours before they voted to approve it. If you think this country is in a [...]

My ‘Christian Bale’ take on things…F@CK!!!

SoCalMtgGuy — Wed, 04 Feb 2009 23:21:32 +0000

It’s been a while since I last posted. I got it. There have been lots of things on my mind, but I have just been watching and waiting as there is a TON of information to digest. Not to mention I have been working on making a buck so I don’t have to [...]

New ad for the ‘big 3′!

SoCalMtgGuy — Wed, 10 Dec 2008 05:48:01 +0000

I don’t have time for a long post, but I received this ‘ad’ in my e-mail inbox today, and thought it was entertaining and appropriate to share. This bailout for the ‘big 3′ is just ridiculous. I know it won’t be pretty if they have to close some plants, layoff lots of workers, [...]

Automaker CEO’s - making as much sense as 125% LTV stated income loans

SoCalMtgGuy — Mon, 24 Nov 2008 08:48:19 +0000

I know this is a few days late, but I wanted to get a few quick thoughts out on the automaker testimony. I know it has been a while, but I have been trying to decide where to take this blog next. Even though it began as a blog that talked specifically about mortgages and [...]

Flashback: A trillion dollar game of JENGA!! (Dec 9th, 2005)

SoCalMtgGuy — Wed, 08 Oct 2008 00:08:59 +0000

I am working on some new material, but I have been out of town for the past week for work. That said, I found this post that I wrote on December 9th, 2005. I think it is ’somewhat’ related to what is going on now…but I will let YOU be the judge of that. Here [...]

Where to start??? Fannie/Freddie, Lehman, AIG, Merril…and the guvment response

SoCalMtgGuy — Fri, 19 Sep 2008 00:45:40 +0000

I know, I know…there is so much going on in the financial markets right now. There are a million people giving a million different opinions on things. Well, I will have my thoughts on things posted here in the next few days. First off, there is a TON to digest, and I don’t think ANYBODY knows [...]

‘Extreme Home Makeover’ sees family foreclose on ‘free’ house

SoCalMtgGuy — Wed, 30 Jul 2008 06:23:46 +0000

Getting a ‘free’ $450,000 construction job, a paid off mortgage, and $250,000 in cash and scholarship money just wasn’t enough for one Extreme Home Makeover family who is getting foreclosed on 3 years after receiving their new home. How are they getting foreclosed on you ask? Well apparently getting a new home with [...]