Nathan Goodman's (natetheskate) Blog

I was informed by a source close to moon light that they will not be doing any further mountain development until further notice.  They had a loan with Lehman Brothers that was due and payment was missed so the Mountain expansion has been suspended no new lifts or bathrooms, and the real estate s...

I believe that getting front of the financial crisis will only drag the Federal Government further into the red.  Historically the government is a reactive measure to combat private sector issues when the free market was unable to solve the problem.  I fear that this time we are only stepping out...

I believe that getting front of the financial crisis will only drag the Federal Government further into the red.  Historically the givernemnt is a reactive measure to combat private sector issues when the free market was unable to solve the problem.  I fear that this time we are only stepping out...

The proper name is GOE...This will be the new acronym for the two with them now being Governemnt Owned Entities...

Well if you haven't already noticed Sec. Paulson has been all over touting his covered bond program, too bad he ripped it off from our over seas friends, not to worry no of us pay much attention to anyone else globally anyways...lol.  His program is being back (no surprise) by the four biggest fi...

As I am sure you are awre the financial markets are trying to find ways to stabilize the housing market.  The answer our federal government has come up with is to steal the current system that Europe uses right now.  It is call a double backed covered bond.  It will be the new coke for American l...

Well the end of the month is upon us...  Hopefully you had a great month.  Rates are holding at the 6.625%, they have been hovering between 6.625% & 6.75% for about a week and a half.  The governemnt has been doing a great job of messing with the housing market and it looks like they still have s...

The reason I am posting this article is because it gives good insight into why rates are going to go higher and what really effect an interest rate.  Pay close attention to how the baks set there rate and what it is based off of.(i.e. 10 yr bond sales)  I know there is not one indicator for rates...

It has been a rough Monday for the mortgage market.  A big wholesaler has just dropped out of the market.  Wachovia has suspended all wholesale operations.  This is another big lender to pack up shop and will have a big effect on mortgage brokers and the market.  I know a few people didn't like m...

The current 30 year Fixed is at 6.75% and we do not see it staying there very long...  We are expecting a mid day rate change up...  Unfortunatly the system can no longer keep rates down to keep volume up.  With the the credit climate so volitale now would be a great time to urge you borrowers to...