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Archive for the 'Delinquency Rates' Category

Negative News or Opportunity: Baltimore Commercial Credit Crunch

By: Myles, January 9th, 2009

One mans trash is another mans treasure. Here is a report to mull over, for those with cash and/or financing facilities. Is the glass half-full or half empty? Depends ….
As reported by the Baltimore Business Journal, the Baltimore-Washington, D.C. region ranks fifth in the nation for metropolitan areas hardest hit by the nationwide credit crunch, […]

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The Next Ticking Bomb for Banks: Commercial Real Estate

By: Myles, January 7th, 2009

What appeared to be the worst possible case a few weeks or months ago, for many commercial real estate developers and owners, now appears to be the most likely and negative outcome; vacancy rates are rising sharply with effective rents falling, similarly, with financing options dwindling. Some predict 2009 to be the worst year since ‘91-’92. […]

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The Great Home Default

By: Myles, October 31st, 2008

The Pew Charitable Trust has just released a comprehensive 54 page report entitled: 

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Waiting for lower mortgage rates: A flawed strategy?

By: Myles, October 23rd, 2008

So what are buyers to do? Today is yet another day, another piece of evidence that waiting for mortgage rates to fall is a flawed financial strategy, as suggested in a piece from the Mortgage Reporter. Perhaps this review will help stimulate more mortgage activity.
Here is what is truly going on. Let us take […]

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So, what is in Congress’ Bailout Plan

By: Myles, September 29th, 2008

The House of Representatives on Monday, September 29, 2008 @ 2pm est., defeated a $700 billion emergency rescue package. As a result, stocks plummeted on Wall Street even before the 228-205 vote to reject the bill was announced on the House floor.
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Leaders in the U.S. Congress have agreed, as of Sunday September 28, 2008 —  to the details […]

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The origins of the financial crisis ….

By: Myles, September 24th, 2008

Not to pile on, as there is clearly more than enough material on the topic, but we at MarylandCommercialTitle.com believe it is very important for all of us to fully understand the origins of our financial crisis, IF we are to truly solve the problem (and safeguard this from ever happening again).
Here is an attempt to summarize […]

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Right from the horses mouth: Sec. Paulson Revamping the system

By: Myles, September 19th, 2008

Read Treasury Secretary Henry Paulson’s statement, unedited …addressing the root cause of the credit crisis.

September 19, 2008: 10:24 AM EDT
WASHINGTON — Statement by Treasury Secretary Henry M. Paulson.
Last night, Federal Reserve Chairman Ben Bernanke, SEC Chairman Chris Cox and I had a lengthy and productive working session with Congressional leaders. We began a substantive discussion on […]

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A Financial dissater or a catharsis?

By: Myles, September 17th, 2008

Gerald Baker of the TimesOnline puts a very interesting spin on the recent financial events, which have dominoed. In Bakers article, Crisis may prove cathartic in the long run, but the worst is not over, he states that: 
Yesterday a couple of the world’s most famous financial institutions sank without a  trace, one of the world’s […]

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Is this the Real Estate solution?

By: Myles, September 5th, 2008

SeekingAlpha just posted a very intriguing opinion piece by John Preston entitled, The Reality of Real Estate and the Economy.

Is this the problem? the solution?

According to many, the thesis (and problem) is simple: Housing health and the economy are linked arm-in-arm.  

Preston traces  this theory back to Robert Shiller, of Case-Shiller Home Price Index fame, who reflects back on a 2004 […]

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Foreclosure Stats: Up Close and Personal

By: Myles, August 15th, 2008

Are things getting better? The news certainly is not good, but the question is whether there is lemonade amongst the lemons …
 U.S. foreclosure activity in July 2008 increased 8 percent from the previous month and 55 percent from a year earlier, July 2007, according to the RealtyTrac Foreclosure Market Report released today.

Bank Repossessions (REOs) […]

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