Larry Morris's (larrym) Blog

We are all used to the buyer/borrower who can't make up their mind about buying, or which lender to go with. They come with the territory. But what we are now seeing a lot of, is borrowers who were pre-qualified losing the program, or the ability to get financed because a program guideline change...

I was watching MSNBC this AM and their coverage on the "subprime mess". The talking head stated that the Fed is conducting a bailout by increasing the funds available to purchase Mortgage Backed Securities. He wasn't given an opportunity to explain himself as time expired, but I thought this an a...