Recent content by JP_IHB

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    Headlines...

    <p>A broker originated jumbo loan through Wells Fargo is carrying at interest rate of 8%, up from 6.875% last week. </p> <a href="http://www.cnbc.com/id/20106442">Mortgage Market Primed For Trouble: Crunch & Squeeze</a>
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    Headlines...

    By the way, Indymac is biggest Alt-A lender. They originated $49.6 billion in 2006 compared to $47 billion at Countrywide.
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    Headlines...

    <a href="http://www.marketwatch.com/News/Story/Story.aspx?guid=%7bA37D4B75-1634-4E8B-A1B3-5AF2416A9A5A%7d&siteid=yhoo&dist=yhoo"> IndyMac CEO warns employees of mortgage market panic </a> Shares of lender IndyMac Bancorp Inc. suffered a 10%-plus fall early Friday after an e-mail by...
  4. J

    Sell my house now or keep leasing it out at a loss?

    <p>TRock,</p> <p>Investors I know 1031-exchanged california property to other states. I did the same too. -worst case you may not find buyer. I met a couple of investor who couldn't sell their houses for a half year and decided to rent out. I think there are so many people...
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    Why would someone need to buy?

    <p>-marty mcfly The movie is violent because it was shot in Downtown Los Angeles. </p> <p>-bkshopr You are right (and funny). yes, Asian are obsessed with status & outlets shopping. Irvine has unproportionally higher density of Asian than surrounding cities. According to census...
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    Why would someone need to buy?

    <p>This is my first post.</p> <p>I’m female & married. I immigrated from Japan where Real Estate market declined over 10 years.People purchase home there even in no-hope declining market because it’s not financial asset for them.As matter of fact my sister purchased home in Japan two years ago...
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