{"id":399966,"date":"2010-03-07T12:24:16","date_gmt":"2010-03-07T17:24:16","guid":{"rendered":"http:\/\/mortgagenewsclips.com\/2010\/03\/07\/mortgage-mike-white-charts-quicken-delinquencies-prime-bomb-walk-away-modifying-seconds\/"},"modified":"2010-03-07T12:24:16","modified_gmt":"2010-03-07T17:24:16","slug":"mortgage-mike-white-charts-quicken-delinquencies-prime-bomb-walk-away-modifying-seconds","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/399966","title":{"rendered":"Mortgage: Mike White Charts, Quicken, Delinquencies, Prime Bomb, Walk Away, Modifying Seconds"},"content":{"rendered":"<p><a href=\"http:\/\/billcoppedge.com\/\"><img loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; display: inline; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" title=\"bill-coppedge-dec09-1\" border=\"0\" alt=\"bill-coppedge-dec09-1\" src=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/03\/billcoppedgedec09110.jpg\" width=\"83\" height=\"124\" \/><\/a> <a href=\"http:\/\/mortgagenewsclips.com\/\"><img loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; display: inline; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" title=\"original content selection by MortgageNewsClips.com\" border=\"0\" alt=\"original content selection by MortgageNewsClips.com\" src=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/03\/originalcontentselectionbyMortgageNewsClips.com10.jpg\" width=\"298\" height=\"63\" \/><\/a> <\/p>\n<p>&#160;<\/p>\n<p><a href=\"http:\/\/newobservations.net\/2010\/03\/04\/2009-sends-ominous-obvious-signals-of-massive-risk-in-real-estate-ownership\/\"><img loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; display: inline; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" title=\"mdw1\" border=\"0\" alt=\"mdw1\" src=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/03\/mdw1.jpg\" width=\"359\" height=\"316\" \/><\/a> <a href=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/03\/newobservations.png\"><img loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; display: inline; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" title=\"new-observations\" border=\"0\" alt=\"new-observations\" src=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/03\/newobservations_thumb.png\" width=\"88\" height=\"100\" \/><\/a> <\/p>\n<p><strong>great comments and charts &#8211; 2009 Sends Ominously Obvious Signals of Massive Risk in Real Estate Ownership &#8211;<\/strong> by Michael David White &#8211; &#8230; If you want to refinance and the appraised value could be an issue, get your mortgage done now. This is especially true in the jumbo market.&#160; If you want to buy real estate, beware and be warned. Your financial massacre may follow your purchase. <strong>You cannot reasonably buy in this environment except with aggressive price negotiations, a close study of national and local price trends, intelligent courage, and your eye lids burned off by what you read here.<\/strong> Fools rush in where wise men fear to buy. &#8230;&#160; &#8211; <a href=\"http:\/\/newobservations.net\/2010\/03\/04\/2009-sends-ominous-obvious-signals-of-massive-risk-in-real-estate-ownership\/\">New Observations.net<\/a> <\/p>\n<p>&#8212;&#8212;&#8212;&#8212;<\/p>\n<p><a href=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/03\/businessweek2.png\"><img loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; display: inline; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" title=\"businessweek\" border=\"0\" alt=\"businessweek\" src=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/03\/businessweek_thumb2.png\" width=\"204\" height=\"45\" \/><\/a> <\/p>\n<p><strong>Quicken Loans Posted Record Profits in Mortgages, CEO Says<\/strong> &#8211; By Jody Shenn &#8211; Quicken Loans Inc., the home lender founded by Cleveland Cavaliers owner Dan Gilbert, has remained profitable during the mortgage crisis and posted record results in its last fiscal year, its chief executive officer said. &#8211; more facts &#8211; <a href=\"http:\/\/www.businessweek.com\/news\/2010-03-04\/quicken-loans-posted-record-profits-in-mortgages-ceo-says.html\">Bloomberg BusinessWeek<\/a>     <br \/>&#8212;&#8212;&#8212;&#8212;<\/p>\n<p><a href=\"http:\/\/www.calculatedriskblog.com\/2010\/03\/states-seriously-delinquent-mortgages.html\"><img loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; display: inline; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" title=\"cr1\" border=\"0\" alt=\"cr1\" src=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/03\/cr1.jpg\" width=\"354\" height=\"272\" \/><\/a> <a href=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/03\/calculatedrisk.png\"><img loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; display: inline; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" title=\"calculated-risk\" border=\"0\" alt=\"calculated-risk\" src=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/03\/calculatedrisk_thumb.png\" width=\"184\" height=\"55\" \/><\/a> <\/p>\n<p><strong>interesting chart: States: Delinquent Mortgages vs. Unemployment Rate<\/strong> &#8211; by CalculatedRisk &#8211; &#8230; <strong>This does suggest that a large part of the delinquency problem is related to the unemployment problem.<\/strong>&#160; &#8230; &#8211; <a href=\"http:\/\/www.calculatedriskblog.com\/2010\/03\/states-seriously-delinquent-mortgages.html\">Calculated Risk Blog<\/a> <\/p>\n<p>&#8212;&#8212;&#8212;&#8212;<\/p>\n<p><a href=\"http:\/\/paper-money.blogspot.com\/2010\/03\/ticking-prime-bomb-fannie-mae-monthly.html\"><img loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; display: inline; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" title=\"pm1\" border=\"0\" alt=\"pm1\" src=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/03\/pm1.png\" width=\"380\" height=\"286\" \/><\/a> <a href=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/03\/papereconomy1.png\"><img loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; display: inline; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" title=\"paper-economy\" border=\"0\" alt=\"paper-economy\" src=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/03\/papereconomy_thumb1.png\" width=\"380\" height=\"56\" \/><\/a> <\/p>\n<p><strong>Ticking Prime Bomb!: Fannie Mae Monthly Summary December 2009<\/strong> &#8211; by Sold At The Top &#8211; &#8230; The following chart (click for larger ultra-dynamic and surf-able chart) shows what Fannie Mae terms the count of \u201cSeriously Delinquent\u201d loans as a percentage of all loans on their books.&#160; <strong>It\u2019s important to understand that Fannie Mae does NOT segregate foreclosures from delinquent loans when reporting these numbers.<\/strong> &#8230; &#8211; <a href=\"http:\/\/paper-money.blogspot.com\/2010\/03\/ticking-prime-bomb-fannie-mae-monthly.html\">Paper Economy Blog<\/a> <\/p>\n<p>&#8212;&#8212;&#8212;&#8212;<\/p>\n<p><a href=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/03\/detroitfreepcom.png\"><img loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; display: inline; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" title=\"detroit-freep-com\" border=\"0\" alt=\"detroit-freep-com\" src=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/03\/detroitfreepcom_thumb.png\" width=\"142\" height=\"63\" \/><\/a> <\/p>\n<p><strong>big article &#8211; Owners walk from homes, values erode<\/strong> &#8211; BY GRETA GUEST &#8211; With more than 500,000 households in Michigan owing more on their mortgages than the homes are worth, thousands of Michigan residents are choosing to abandon their homes and walk away, even if they can afford to continue making payments. &#8211; <a href=\"http:\/\/www.freep.com\/article\/20100307\/BUSINESS04\/3070529\/1318\/Owners-walk-from-homes\">DETROIT FREE PRESS<\/a> <\/p>\n<p>&#8212;&#8212;&#8212;&#8212;<\/p>\n<p><a href=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/03\/huffingtonpost.png\"><img loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; display: inline; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" title=\"huffington-post\" border=\"0\" alt=\"huffington-post\" src=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/03\/huffingtonpost_thumb.png\" width=\"146\" height=\"55\" \/><\/a> <\/p>\n<p><strong>Obama Plan To Modify Second Mortgages Has Yet To Help One Homeowner &#8211;<\/strong> Shahien Nasiripour &#8211; <a href=\"http:\/\/www.huffingtonpost.com\/2010\/03\/05\/obama-plan-to-modify-seco_n_487474.html\">Huffington Post<\/a><\/p>\n<div class=\"feedflare\">\n<a href=\"http:\/\/feeds.feedburner.com\/~ff\/mortgagenewsclips\/qTBe?a=8DnON-ngFHY:730pAXpuc-A:yIl2AUoC8zA\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/mortgagenewsclips\/qTBe?d=yIl2AUoC8zA\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/mortgagenewsclips\/qTBe?a=8DnON-ngFHY:730pAXpuc-A:D7DqB2pKExk\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/mortgagenewsclips\/qTBe?i=8DnON-ngFHY:730pAXpuc-A:D7DqB2pKExk\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/mortgagenewsclips\/qTBe?a=8DnON-ngFHY:730pAXpuc-A:F7zBnMyn0Lo\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/mortgagenewsclips\/qTBe?i=8DnON-ngFHY:730pAXpuc-A:F7zBnMyn0Lo\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/mortgagenewsclips\/qTBe?a=8DnON-ngFHY:730pAXpuc-A:V_sGLiPBpWU\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/mortgagenewsclips\/qTBe?i=8DnON-ngFHY:730pAXpuc-A:V_sGLiPBpWU\" border=\"0\"><\/img><\/a>\n<\/div>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/mortgagenewsclips\/qTBe\/~4\/8DnON-ngFHY\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#160; great comments and charts &#8211; 2009 Sends Ominously Obvious Signals of Massive Risk in Real Estate Ownership &#8211; by Michael David White &#8211; &#8230; If you want to refinance and the appraised value could be an issue, get your mortgage done now. This is especially true in the jumbo market.&#160; If you want to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-399966","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/399966","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=399966"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/399966\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=399966"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=399966"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=399966"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}