Archive for the 'Random' Category
Microsoft to Get Medieval on Yahoo
April 6th, 2008 Categories: Random
From Wired, Microsoft Threatens to Go Hostile On Yahoo:
“Microsoft says Yahoo has three weeks to negotiate a decent deal, after which time Microsoft is going to get medieval on its ass.”
The news isn’t all that interesting, the way it’s reported was too funny to pass up…
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Sphere: Related ContentRandom Perceptions About The Mortgage Industry
March 26th, 2008 Categories: Mortgage News, Random
Column like I seem them…
Bankers are entitlement minded elitists, Brokers are street level hustlers.
Presented with an identical deal, a consumer will routinely choose a Bankers offer, much to the Brokers chagrin (read ‘Why I need to be a hustler’).
Bankers don’t have to disclose how much margin they are making, Brokers do but usually don’t (until you arrive at the closing table, then maybe).
Bankers would like to eliminate Brokers. Brokers would like Bankers to play by the same rules they have to.
Consumers are almost as guilty as the ‘professionals’ for the mortgage mess.
‘Stated Wage Earner’ programs are an oxymoron, and a moron invented them.
Yield Spread Premiums are legally defined as ‘an option for the consumer to use to finance all or part of their closing costs. Their real life definition is ‘cha-ching’.
If a mortgage professional tries to rationalize their compensation with a Wal-Mart analogy, hang up the phone, go to Wal-Mart and try to buy a mortgage.
Mortgage rates have nothing to do with T-Bills, the Fed Rate or any other financial index. They have to do with the cyber-hormone emotional marketplace called Wall Street.
Trying to predict what mortgage rates will do next is like trying to predict what a bi-polar crack head will do next, sans meds.
Wall Street + Washington = The rich get richer and the middle class gets bent over.
A ‘write down’ is not a loss, its an unrealized gain. There is a difference.
There’s no such thing as a ‘no cost, no fee’ mortgage, duh.
You will pay through the nose for what you don’t know.
‘Transparency’ is still theoretic rhetoric in the world of mortgage.
People don’t trust mortgage professionals, period.
The credit crunch is akin to the industry choking itself out today for the mistakes it made yesterday.
Option ARM’s don’t deserve the reputation they’ve gotten. A bullet can’t be fired without a gun.
Last weeks used car salesman is yesterdays mortgage broker is todays used car salesman. (I personally know more than 10 people who have followed this path, nothing against used car salesman, just pointing out the corollary)
Sphere: Related ContentMicroHoo! Beta Release?
March 9th, 2008 Categories: Humor?, Random
Hat tip to Valleywag…
Armageddon For Traditional Television?
February 20th, 2008 Categories: Hulu, Random, social media
This is definitely off topic compared to what I typically blog about, but I can’t help sharing way-cool stuff.
I’m not a heavy frequenter of the stupid box (Television) but do enjoy the vice from time to time and Hulu is the closest product I’ve seen to taking network and cable TV from the ‘airwaves’ on to the Internet. Hulu broadcasts network in Hi-Def and offers the some of the most popular shows from major networks like NBC and FOX as well as a cornucopia of cable channells.
From their About page:
Hulu’s ambitious and never-ending mission is to help you find and enjoy the world’s premium content when, where and how you want it. We hope to provide you with the web’s most comprehensive selection of premium programming across all genres and formats – television shows, feature films, clips, and more. Additionally, we want to give you more choices of when and where you can enjoy your favorite programming, while creating innovative experiences that let you watch and participate in online video in new and exciting ways.
New shows typically appear right after their initial showing…I’m junking my ridiculous cable subscription.
With all the buzz about TV moving online, Hulu is proselytizing the conversion louder than anything else I’ve seen.
Sphere: Related ContentLocal, National, International Mortgage and Real Estate Blog?
February 15th, 2008 Categories: Random
Local, National, International Mortgage and Real Estate Blog?
The reach of blogging amazes me. Using 3 different traffic metric sites/services, apparently ~46% (+/- 7% margin of error) of my traffic comes from outside the United States of America.
~10% comes from Canada (understandable), Romania (??) is next with a strong 7%, followed by my Mexican neighbors at ~4%. ~12% from Western Europe, 8% from Malaysia, and ~2% from the most abstract places on the globe considering where I am and what I write about.
To do: Google- international real estate and mortgage markets…
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