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	<title>MortgageJaw.com &#187; Random News</title>
	<atom:link href="http://www.mortgagejaw.com/category/random-news/feed/" rel="self" type="application/rss+xml" />
	<link>http://www.mortgagejaw.com</link>
	<description>Talk your JAW off about real estate, mortgages, and the financial market.</description>
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			<item>
		<title>Integrity, Positive Attitude, Customers Needs</title>
		<link>http://www.mortgagejaw.com/integrity-positive-attitude-customers-needs/</link>
		<comments>http://www.mortgagejaw.com/integrity-positive-attitude-customers-needs/#comments</comments>
		<pubDate>Tue, 30 Aug 2011 13:41:02 +0000</pubDate>
		<dc:creator>Jason</dc:creator>
				<category><![CDATA[Random News]]></category>
		<category><![CDATA[attitude]]></category>
		<category><![CDATA[inspiration]]></category>

		<guid isPermaLink="false">http://www.mortgagejaw.com/?p=675</guid>
		<description><![CDATA[Here is a great article my friend over at www.theMcQueengroup.net posted. Suggest you guys should check it out.
It’s Really S0 Simple
The challenge is to change the way sales are done, after centuries of doing it the wrong way. The reason is very simple, because when the market is good, sales techniques go out the window.
First [...]]]></description>
			<content:encoded><![CDATA[<div class="tweetmeme_button" style="float: right; margin-left: 10px;"><a href="http://api.tweetmeme.com/share?url=http%3A%2F%2Fwww.mortgagejaw.com%2Fintegrity-positive-attitude-customers-needs%2F"><img src="http://api.tweetmeme.com/imagebutton.gif?url=http%3A%2F%2Fwww.mortgagejaw.com%2Fintegrity-positive-attitude-customers-needs%2F" height="61" width="51" /></a></div><p>Here is a great article my friend over at <a href="http://www.themcqueengroup.net/">www.theMcQueengroup.net</a> posted. Suggest you guys should check it out.</p>
<p><strong>It’s Really S0 Simple</strong></p>
<p>The challenge is to change the way sales are done, after centuries of doing it the wrong way. The reason is very simple, because when the market is good, sales techniques go out the window.</p>
<p>First comes integrity, then comes a positive attitude and then comes the belief that a sale is done by fulfilling the needs of the customer. Not by price, but by actually helping them accomplish THEIR goals. This intern will help you reach your goals.</p>
<p><strong>It’s Really So Simple</strong>&#8230;&#8230;&#8230;&#8230;&#8230;. <a href="http://www.themcqueengroup.net/?p=53">http://www.themcqueengroup.net/?p=53</a></p>
<p>Happy Readying!!! <img src='http://www.mortgagejaw.com/wp-includes/images/smilies/icon_smile.gif' alt=':)' class='wp-smiley' /> </p>
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		<title>Cheap House Only $15?</title>
		<link>http://www.mortgagejaw.com/cheap-house-only-15/</link>
		<comments>http://www.mortgagejaw.com/cheap-house-only-15/#comments</comments>
		<pubDate>Tue, 02 Aug 2011 20:19:07 +0000</pubDate>
		<dc:creator>Jason</dc:creator>
				<category><![CDATA[Random News]]></category>
		<category><![CDATA[housing]]></category>
		<category><![CDATA[texas]]></category>

		<guid isPermaLink="false">http://www.mortgagejaw.com/?p=665</guid>
		<description><![CDATA[Wow, what a deal. Check out this story about a guy in Texas getting a steal of a deal!
Texas man pays $15 to move into $340,000 house
© 2011 The Associated Press
July 31, 2011, 9:00PM
FLOWER MOUND, Texas — It has the makings of a tall tale: A man finds a two-story, 3,250-square-foot house worth $340,000 in [...]]]></description>
			<content:encoded><![CDATA[<div class="tweetmeme_button" style="float: right; margin-left: 10px;"><a href="http://api.tweetmeme.com/share?url=http%3A%2F%2Fwww.mortgagejaw.com%2Fcheap-house-only-15%2F"><img src="http://api.tweetmeme.com/imagebutton.gif?url=http%3A%2F%2Fwww.mortgagejaw.com%2Fcheap-house-only-15%2F" height="61" width="51" /></a></div><p>Wow, what a deal. Check out this story about a guy in Texas getting a steal of a deal!</p>
<h1>Texas man pays $15 to move into $340,000 house</h1>
<h3>© 2011 The Associated Press</h3>
<h4><abbr title="2011-08-01T02:00:00Z">July 31, 2011, 9:00PM</abbr></h4>
<p>FLOWER MOUND, Texas — It has the makings of a tall tale: A man finds a two-story, 3,250-square-foot house worth $340,000 in a Dallas suburb and pays only $15 for it.</p>
<p>Kenneth T. Robinson, 50, who sells vitamins and other dietary supplements for a marketing company, laid claim to the 1997-built house in Flower Mound under Texas&#8217; obscure &#8220;adverse possession&#8221; law — commonly known as &#8220;squatter&#8217;s rights.&#8221;</p>
<p><span id="more-665"></span></p>
<p>Robinson determined that the owner of record moved out about a year ago and cannot be found, and the property wasn&#8217;t listed for sale. He filed an affidavit of adverse possession with Denton County for a $15 fee, turned on the utilities and moved in.</p>
<p>&#8220;Unless they wake up and assert their rights to ownership, this man may have found a real business opportunity,&#8221; Austin real estate lawyer Brian Rider told The Dallas Morning News for Sunday&#8217;s edition.</p>
<p>Robinson&#8217;s new neighbors are upset. One of them, Sandy Dawson, said she and others &#8220;believe in working for what you get.&#8221;</p>
<p>Some even called police. Robinson said he showed officers the affidavit and explained to them the laws of adverse possession. That led investigators to search for an owner or mortgage company who might have a complaint against Robinson.</p>
<p>&#8220;We couldn&#8217;t find anyone. No foreclosure, nothing,&#8221; police Capt. Wess Griffin said. &#8220;It appears to us to be largely a civil matter.&#8221;</p>
<p>But a neighborhood delegation showed up at the house anyway to deliver a message: Robinson was not welcome there.</p>
<p>Robinson recalled one man telling him, &#8220;We don&#8217;t think you need to be here. You&#8217;ll never be our neighbor.&#8221;</p>
<p>Fearing the confrontation could turn violent, Robinson called police who ordered the neighbors to disperse. However, Griffin said he understands the neighbors&#8217; concern for the value of their homes after someone paid $15 to move into their area.</p>
<p>&#8220;The flip side is that the neighbors might be glad that the house is not sitting there vacant and someone who says he&#8217;s going to make improvements is living there,&#8221; Griffin said.</p>
<p>Among the improvements, Robinson promises to revive the idle backyard swimming pool and re-sod the unkempt front yard.</p>
<p>Robinson said the saga began when he was sharing another Flower Mound home with housemates and saw the apparently abandoned house while out driving.</p>
<p>He decided he might be able to buy the place at a bargain price, but he could not locate an owner or mortgage holder with whom to negotiate. Through an Internet search, he found the Texas law of adverse possession and decided that was his only option.</p>
<p>An old owner or mortgage holder has five, 10 or 25 years to reassert ownership, depending on whether Robinson lives continuously in the house and pays taxes and homeowners association fees over time. Robinson said he was committed for the long haul.</p>
<p>&#8220;It will be my home if all goes well, but this is not a fight. It&#8217;s a legal process,&#8221; he said. &#8220;This is too nice a house for someone not to come forward with a claim on it.&#8221;</p>
<p>However, &#8220;if they do, I&#8217;ll make an offer,&#8221; Robinson said. &#8220;If the offer doesn&#8217;t mesh with what they agree to accept, I might have to leave. If I have to go, it won&#8217;t be a big thing.</p>
<p>&#8220;You miss 100 percent of the shots you don&#8217;t take,&#8221; he said. &#8220;I&#8217;ve just got to see how it plays out.&#8221;</p>
<p>___</p>
<p>Information from: The Dallas Morning News, <a href="http://www.dallasnews.com/"><strong>http://www.dallasnews.com</strong></a></p>
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		<title>Lending Tree Sues Zillow</title>
		<link>http://www.mortgagejaw.com/lending-tree-sues-zillow/</link>
		<comments>http://www.mortgagejaw.com/lending-tree-sues-zillow/#comments</comments>
		<pubDate>Fri, 10 Sep 2010 10:00:37 +0000</pubDate>
		<dc:creator>Jason</dc:creator>
				<category><![CDATA[Random News]]></category>
		<category><![CDATA[lending tree]]></category>
		<category><![CDATA[lending tree lawsuite]]></category>
		<category><![CDATA[nextag]]></category>
		<category><![CDATA[zillow]]></category>
		<category><![CDATA[zillow lawsuite]]></category>

		<guid isPermaLink="false">http://www.mortgagejaw.com/?p=600</guid>
		<description><![CDATA[Looks like lending tree is suing zillow over several patents lending tree is claiming violated. The lawsuit is going to be seeking lost profits and looking to do a trail. Several other companies were mentioned in the law suite so this will be an interesting one to track and see how the courts decide on [...]]]></description>
			<content:encoded><![CDATA[<div class="tweetmeme_button" style="float: right; margin-left: 10px;"><a href="http://api.tweetmeme.com/share?url=http%3A%2F%2Fwww.mortgagejaw.com%2Flending-tree-sues-zillow%2F"><img src="http://api.tweetmeme.com/imagebutton.gif?url=http%3A%2F%2Fwww.mortgagejaw.com%2Flending-tree-sues-zillow%2F" height="61" width="51" /></a></div><p>Looks like lending tree is suing zillow over several patents lending tree is claiming violated. The lawsuit is going to be seeking lost profits and looking to do a trail. Several other companies were mentioned in the law suite so this will be an interesting one to track and see how the courts decide on this one. For all those legal nerds out there, here is the law suit info to look it up; The case is LendingTree LLC v. Zillow Inc et al, U.S. District Court, Western District of North Carolina, No. 10-00439.</p>
<p>Below is an article I found on CNBC explaining more:</p>
<p><span id="more-600"></span></p>
<p><a href="http://www.cnbc.com/id/39083855">http://www.cnbc.com/id/39083855</a></p>
<h1>LendingTree Sues Zillow Over Real Estate Technology</h1>
<p style="MARGIN-BOTTOM: 0in" align="center">Published: Thursday, 9 Sep 2010 | 4:18 PM ET</p>
<p align="center">By: Reuters</p>
<ul>
<p style="MARGIN-BOTTOM: 0in" align="center"> </p>
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<p align="center"><a name="byLine"></a><strong><strong>LendingTree </strong></strong>has sued <strong><strong>Zillow</strong></strong>and three other rivals, accusing them of infringing two patents for methods to help people obtain mortgage loans over the Internet.</p>
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<p align="center">Adchemy, NexTag and QuinStreet were also named as defendants in the lawsuit filed Wednesday in the federal court in Charlotte, North Carolina.</p>
<p align="center"><a name="byLine1"></a>LendingTree, a unit of Tree.com, accused its rivals of depriving it of profits by infringing its 2002 and 2003 patents, both titled &#8220;Method and Computer Network for Co-Ordinating a Loan over the Internet.&#8221;</p>
<p align="center"><a name="byLine2"></a>It said these patents allow a prospective borrower to submit a single loan application to multiple lenders, which then compete to win that borrower&#8217;s business.</p>
<p align="center"><a name="byLine3"></a><strong><a href="http://www.lendingtree.com/" target="_blank"><strong>LendingTree </strong></a></strong>obtains fees by matching borrowers with lenders, and that rival websites including Zillow Mortgage Marketplace and QuinStreet&#8217;s &#8220;guidetolenders&#8221; and &#8220;hsh&#8221; sites, are improperly depriving it of such opportunities.</p>
<p align="center"><a name="byLine4"></a>&#8220;The LendingTree invention has proved successful in the lending market&#8221; and resulted in &#8220;billions of dollars in loans for millions of borrowers,&#8221; the complaint said.</p>
<p align="center"><a name="byLine5"></a>LendingTree is seeking to recover lost profits, &#8220;but in no event less than a reasonable royalty,&#8221; and other damages. It seeks a jury trial.</p>
<p align="center"><a name="byLine6"></a>Zillow spokeswoman Jill Simmons declined to comment, saying the company had yet to be served with the complaint. An outside spokeswoman for QuinStreet declined to comment. Adchemy and NexTag did not immediately return requests for comment.</p>
<p align="center"><a name="byLine7"></a>According to their websites, LendingTree is based in Charlotte; Zillow in Seattle; Adchemy and QuinStreet in Foster City, California; and NexTag in San Mateo, California.</p>
<p align="center"><a name="byLine8"></a>Zillow also operates Zillow.com, which tracks home price changes, homeowner confidence and mortgage rates.</p>
<p align="center">The case is LendingTree LLC v. Zillow Inc et al, U.S. District Court, Western District of North Carolina, No. 10-00439.</p>
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		</item>
		<item>
		<title>Labor Day Food Dance</title>
		<link>http://www.mortgagejaw.com/labor-day-food-dance/</link>
		<comments>http://www.mortgagejaw.com/labor-day-food-dance/#comments</comments>
		<pubDate>Fri, 03 Sep 2010 17:00:30 +0000</pubDate>
		<dc:creator>Jason</dc:creator>
				<category><![CDATA[Random News]]></category>
		<category><![CDATA[century 21]]></category>
		<category><![CDATA[coldwell banker]]></category>
		<category><![CDATA[ERA]]></category>
		<category><![CDATA[labor day]]></category>

		<guid isPermaLink="false">http://www.mortgagejaw.com/?p=596</guid>
		<description><![CDATA[How many people remember this video while watching movies in the theater? Have a wonderful Labor day weekend and see you next week!

]]></description>
			<content:encoded><![CDATA[<div class="tweetmeme_button" style="float: right; margin-left: 10px;"><a href="http://api.tweetmeme.com/share?url=http%3A%2F%2Fwww.mortgagejaw.com%2Flabor-day-food-dance%2F"><img src="http://api.tweetmeme.com/imagebutton.gif?url=http%3A%2F%2Fwww.mortgagejaw.com%2Flabor-day-food-dance%2F" height="61" width="51" /></a></div><p>How many people remember this video while watching movies in the theater? Have a wonderful Labor day weekend and see you next week!</p>
<p><object classid="clsid:d27cdb6e-ae6d-11cf-96b8-444553540000" width="350" height="300" codebase="http://download.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#version=6,0,40,0"><param name="src" value="http://www.youtube.com/v/8oCnLTrXIds?fs=1&amp;hl=en_US&amp;rel=0" /><embed type="application/x-shockwave-flash" width="350" height="300" src="http://www.youtube.com/v/8oCnLTrXIds?fs=1&amp;hl=en_US&amp;rel=0"></embed></object></p>
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		<title>Google PAC-MAN Game</title>
		<link>http://www.mortgagejaw.com/google-pac-man-game/</link>
		<comments>http://www.mortgagejaw.com/google-pac-man-game/#comments</comments>
		<pubDate>Fri, 21 May 2010 15:48:40 +0000</pubDate>
		<dc:creator>Jason</dc:creator>
				<category><![CDATA[Random News]]></category>
		<category><![CDATA[game]]></category>
		<category><![CDATA[google]]></category>
		<category><![CDATA[google game]]></category>
		<category><![CDATA[pac-man]]></category>
		<category><![CDATA[pacman]]></category>

		<guid isPermaLink="false">http://www.mortgagejaw.com/?p=526</guid>
		<description><![CDATA[What a wonderful way to honor the 30th birthday of the most addictive arcade game there is&#8230;..PAC-MAN. For all you fans, Google has their logo changed and given the ability to play the game. Just wait on the screen for about 10 seconds and the game will start up. Just use the arrows on your [...]]]></description>
			<content:encoded><![CDATA[<div class="tweetmeme_button" style="float: right; margin-left: 10px;"><a href="http://api.tweetmeme.com/share?url=http%3A%2F%2Fwww.mortgagejaw.com%2Fgoogle-pac-man-game%2F"><img src="http://api.tweetmeme.com/imagebutton.gif?url=http%3A%2F%2Fwww.mortgagejaw.com%2Fgoogle-pac-man-game%2F" height="61" width="51" /></a></div><p>What a wonderful way to honor the 30th birthday of the most addictive arcade game there is&#8230;..PAC-MAN. For all you fans, Google has their logo changed and given the ability to play the game. Just wait on the screen for about 10 seconds and the game will start up. Just use the arrows on your key board to control the game. Hope you guys enjoy the game and remember&#8230;&#8230;&#8230;.don&#8217;t get drawn into the game and get back to work <img src='http://www.mortgagejaw.com/wp-includes/images/smilies/icon_smile.gif' alt=':)' class='wp-smiley' /> </p>
<p>Of coarse I think everyone knows the link but if you don&#8217;t, just go to: <a href="http://www.google.com">www.google.com</a></p>
<p>This will only last for today!</p>
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		<title>Facebook Smashes Google</title>
		<link>http://www.mortgagejaw.com/facebook-smashes-google/</link>
		<comments>http://www.mortgagejaw.com/facebook-smashes-google/#comments</comments>
		<pubDate>Fri, 19 Mar 2010 13:42:46 +0000</pubDate>
		<dc:creator>Jason</dc:creator>
				<category><![CDATA[Random News]]></category>
		<category><![CDATA[facebook]]></category>
		<category><![CDATA[google]]></category>
		<category><![CDATA[internet]]></category>

		<guid isPermaLink="false">http://www.mortgagejaw.com/?p=471</guid>
		<description><![CDATA[Ok&#8230;&#8230;..maybe smashes was a little extreme but when any website beats out google for the most visited one week in a row, then for Google that would be smashing. Looks like more and more people are jumping on this wave called facebook so what is next? Found this great article down below and thought I [...]]]></description>
			<content:encoded><![CDATA[<div class="tweetmeme_button" style="float: right; margin-left: 10px;"><a href="http://api.tweetmeme.com/share?url=http%3A%2F%2Fwww.mortgagejaw.com%2Ffacebook-smashes-google%2F"><img src="http://api.tweetmeme.com/imagebutton.gif?url=http%3A%2F%2Fwww.mortgagejaw.com%2Ffacebook-smashes-google%2F" height="61" width="51" /></a></div><p>Ok&#8230;&#8230;..maybe smashes was a little extreme but when any website beats out google for the most visited one week in a row, then for Google that would be smashing. Looks like more and more people are jumping on this wave called facebook so what is next? Found this great article down below and thought I would share it with you guys. As always, have a glorious day! <img src='http://www.mortgagejaw.com/wp-includes/images/smilies/icon_smile.gif' alt=':)' class='wp-smiley' /> </p>
<p><a href="http://www.cnbc.com/id/35908591/">http://www.cnbc.com/id/35908591/</a></p>
<p><strong>Facebook Becomes a Bigger Hit than Google</strong></p>
<p><span id="more-471"></span></p>
<p align="center">Published: Wednesday, 17 Mar 2010 | 8:47 AM ET</p>
<p align="center">By: Chris Nuttall and David Gelles, Financial Times</p>
<p align="center">Social networking website Facebook has capped a year of phenomenal growth by overtaking <strong>Google’s</strong>popularity among US internet users, with industry data showing it has scored more visits on its home page than the search engine.</p>
<p align="center">In a sign that the web is becoming more sociable than searchable, research firm Hitwise said that the two sites accounted for 14 percent of all US internet visits last week. Facebook’s home page recorded 7.07 percent of traffic and Google’s 7.03 percent.</p>
<p align="center">It is the first time that Facebook.com has enjoyed a weekly lead over Google.com. The lead may be slim, but it has become inevitable as Facebook’s popularity has grown rapidly from just over 2 percent of visits a year ago. Heather Dougherty of Hitwise said that Facebook had “reached an important milestone” with the weekly figures.</p>
<p align="center">Facebook’s membership has more than doubled in the past year, passing the 200 million mark last April and 400 million in February.</p>
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<p align="center">“The true value of Facebook and social networks is just becoming clear to marketers,” said Augie Ray, analyst at Forrester Research.</p>
<p align="center">Although Facebook is enjoying rapid growth, it is only beginning to cash in on its success. Revenues at the social media company are estimated to be in the range of $1 billion to $1.5 billion this year, while Google took in $23.7 billion last year.</p>
<p align="center">Google has responded to the ascendancy of the social networking site with its own Buzz service last month. Buzz allows users to add status updates, friends, pictures, videos, location information, comments and links to other networking sites. Buzz, though, has struggled with privacy concerns just as Facebook has been criticised for encouraging members to reveal personal data to search engines.</p>
<p align="center">The Hitwise figures only cover visits to the Google.com site, meaning that services such as Gmail, YouTube, Google Maps and searches carried out in a box in a browser toolbar are excluded. Taking all Google properties into account, the internet company accounted for 11.03 percent of US website visits last week, compared with 10.98 percent for<strong> Yahoo </strong>properties and 7.07 percent for Facebook, according to Hitwise.</p>
<p align="center">Facebook’s trajectory suggests that it will soar ahead of Google.com in the coming months. However, social networking sites have fallen in the past. Google.com had led since September 2007, when it overtook <strong>News Corp’s</strong>MySpace.com.</p>
<p align="center">Internet users worldwide spent more than five-and-a-half hours a month on social networking sites such as Facebook and Twitter in December 2009, an 82 percent increase over the previous year, according to the Nielsen Company research firm.</p>
<p align="center">US users spent nearly six-and-a-half hours on Facebook compared with fewer than two-and-a-half hours on Google.</p>
<p align="center">Copyright The Financial Times Limited 2010. You may share using our article tools. Please don&#8217;t cut articles from FT.com and redistribute by email or post to the web.</p>
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		<title>Cash For Clunkers Appliances This Time</title>
		<link>http://www.mortgagejaw.com/cash-for-clunkers-appliances-this-time/</link>
		<comments>http://www.mortgagejaw.com/cash-for-clunkers-appliances-this-time/#comments</comments>
		<pubDate>Thu, 10 Dec 2009 20:26:46 +0000</pubDate>
		<dc:creator>Jason</dc:creator>
				<category><![CDATA[Random News]]></category>
		<category><![CDATA[appliances]]></category>
		<category><![CDATA[being green]]></category>
		<category><![CDATA[cash for appliances]]></category>
		<category><![CDATA[energy efficient mortgages]]></category>
		<category><![CDATA[green]]></category>

		<guid isPermaLink="false">http://www.mortgagejaw.com/?p=386</guid>
		<description><![CDATA[Yes, with all the stimulus happening from the bill that came through congress people didn&#8217;t notice this one as much. The Cash for Clunkers program goes after appliances this time, but will be done on the state level with money from the federal government. That&#8217;s right, each state has been allocated a portion of the [...]]]></description>
			<content:encoded><![CDATA[<div class="tweetmeme_button" style="float: right; margin-left: 10px;"><a href="http://api.tweetmeme.com/share?url=http%3A%2F%2Fwww.mortgagejaw.com%2Fcash-for-clunkers-appliances-this-time%2F"><img src="http://api.tweetmeme.com/imagebutton.gif?url=http%3A%2F%2Fwww.mortgagejaw.com%2Fcash-for-clunkers-appliances-this-time%2F" height="61" width="51" /></a></div><p>Yes, with all the stimulus happening from the bill that came through congress people didn&#8217;t notice this one as much. The Cash for Clunkers program goes after appliances this time, but will be done on the state level with money from the federal government. That&#8217;s right, each state has been allocated a portion of the $300 million dollars for this program and you can see how much each state got from the this <a href="http://www.energy.gov/news2009/documents2009/EE_EnergyStar_State_Allocations.pdf">list.</a> Looks like Illinois is going to get $12.3 million dollars and people will get credits any where from $50 to $200 by trading in older appliances for more energy efficient appliances.</p>
<p>Speaking of energy efficient items, have you hear about <a href="http://www.mortgagejaw.com/green-mortgages/">GREEN MORTGAGES?</a> Check out that previous blog post to hear all about them.</p>
<p>Well, hope this helps and have a glorious day! :)</p>
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		<title>Thanksgiving Dance, What are you Thankful For?</title>
		<link>http://www.mortgagejaw.com/thanksgiving-dance-what-are-you-thankful-for/</link>
		<comments>http://www.mortgagejaw.com/thanksgiving-dance-what-are-you-thankful-for/#comments</comments>
		<pubDate>Tue, 24 Nov 2009 17:26:44 +0000</pubDate>
		<dc:creator>Jason</dc:creator>
				<category><![CDATA[Random News]]></category>

		<guid isPermaLink="false">http://www.mortgagejaw.com/?p=344</guid>
		<description><![CDATA[Happy Thanksgiving everyone!
For Thanksgiving that is coming up, please comment on what you are thankful for.

Have a glorious week!  
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			<content:encoded><![CDATA[<div class="tweetmeme_button" style="float: right; margin-left: 10px;"><a href="http://api.tweetmeme.com/share?url=http%3A%2F%2Fwww.mortgagejaw.com%2Fthanksgiving-dance-what-are-you-thankful-for%2F"><img src="http://api.tweetmeme.com/imagebutton.gif?url=http%3A%2F%2Fwww.mortgagejaw.com%2Fthanksgiving-dance-what-are-you-thankful-for%2F" height="61" width="51" /></a></div><p>Happy Thanksgiving everyone!</p>
<p>For Thanksgiving that is coming up, please comment on what you are thankful for.</p>
<p><object classid="clsid:d27cdb6e-ae6d-11cf-96b8-444553540000" width="362" height="354" codebase="http://download.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#version=6,0,40,0"><param name="src" value="http://www.youtube.com/v/ToU5lVZQJYk" /><embed type="application/x-shockwave-flash" width="362" height="354" src="http://www.youtube.com/v/ToU5lVZQJYk"></embed></object></p>
<p>Have a glorious week! <img src='http://www.mortgagejaw.com/wp-includes/images/smilies/icon_smile.gif' alt=':)' class='wp-smiley' /> </p>
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		<title>25% of People With Mortgages are Under Water.</title>
		<link>http://www.mortgagejaw.com/25-of-people-with-mortgages-are-under-water/</link>
		<comments>http://www.mortgagejaw.com/25-of-people-with-mortgages-are-under-water/#comments</comments>
		<pubDate>Tue, 24 Nov 2009 16:07:41 +0000</pubDate>
		<dc:creator>Jason</dc:creator>
				<category><![CDATA[Random News]]></category>
		<category><![CDATA[borrowers]]></category>
		<category><![CDATA[econwatch]]></category>
		<category><![CDATA[homeowner]]></category>
		<category><![CDATA[loan]]></category>
		<category><![CDATA[mortgage]]></category>
		<category><![CDATA[negative equity]]></category>
		<category><![CDATA[real estate]]></category>
		<category><![CDATA[wall street journal]]></category>
		<category><![CDATA[wsj]]></category>

		<guid isPermaLink="false">http://www.mortgagejaw.com/?p=334</guid>
		<description><![CDATA[According to this article I found below from cbsnews.com 1 in 4 people with mortgages are underwater. So that means they owe more then what the house is worth. Should people be worried&#8230;..I say no! If you call your house a home and plan on living there for some time, then you have nothing to [...]]]></description>
			<content:encoded><![CDATA[<div class="tweetmeme_button" style="float: right; margin-left: 10px;"><a href="http://api.tweetmeme.com/share?url=http%3A%2F%2Fwww.mortgagejaw.com%2F25-of-people-with-mortgages-are-under-water%2F"><img src="http://api.tweetmeme.com/imagebutton.gif?url=http%3A%2F%2Fwww.mortgagejaw.com%2F25-of-people-with-mortgages-are-under-water%2F" height="61" width="51" /></a></div><p>According to this article I found below from cbsnews.com 1 in 4 people with mortgages are underwater. So that means they owe more then what the house is worth. Should people be worried&#8230;..I say no! If you call your house a home and plan on living there for some time, then you have nothing to worry about as long as you are in a home you love and able to afford the payment each month. If you are in a house that you needed to sell now or in 3 to 5 years from now&#8230;&#8230;yes this might be an issue for you. Hope this article you find helpful <img src='http://www.mortgagejaw.com/wp-includes/images/smilies/icon_smile.gif' alt=':)' class='wp-smiley' /> </p>
<p><a href="http://www.cbsnews.com/blogs/2009/11/24/business/econwatch/entry5760111.shtml">Click here for full article.</a></p>
<div> </div>
<div>Nearly a quarter of U.S. mortgage holders owe more on their loans than their houses are worth, according to <strong><a href="http://online.wsj.com/article/SB125903489722661849.html" target="new">a report today in the Wall Street Journal</a>.</strong></div>
<div><strong> </strong></div>
<div><strong><span id="more-334"></span></strong></div>
<p>Data from</p>
<div><strong><a href="http://www.facorelogic.com/" target="new">First American CoreLogic</a>, a Santa Ana, Calif.-based real-estate information company, shows that in the third quarter of 2009 almost 10.7 million households had negative equity in their homes.</strong></div>
<p><strong>Despite good news on the house resales front — it was reported Monday that</p>
<div><strong><a onclick="return linkTo(this);" href="http://www.cbsnews.com/stories/2009/11/23/business/main5746656.shtml">home sales surged for the second month in a row in October</a>, climbing to the highest level in 2½ years, due in part to a first-time buyers&#8217; tax credit — the Journal&#8217;s <strong>Ruth Simon and James R. Hagerty</strong> write that this swelling of &#8220;underwater mortgages&#8221; threatens the prospects of a sustained housing recovery.</strong></div>
<p><strong>These properties are more likely to fall into foreclosure, ultimately being dumped by banks and mortgage holders onto an already-saturated market, depressing falling house prices even further.</p>
<p>The First American report said that more than 520,000 of borrowers whose mortgages are at least 20% higher than their home&#8217;s value have received a default notice.</p>
<p>Negative equity &#8220;is an outstanding risk hanging over the mortgage market,&#8221; Mark Fleming, chief economist of First American Core Logic, told the Journal. &#8220;It lowers homeowners&#8217; mobility because they can&#8217;t sell, even if they want to move to get a new job.&#8221;</p>
<p>According to the analysis, homeowners in Nevada, Arizona, Florida and California are more likely to be deeply underwater. In Nevada, for example, nearly 30% of borrowers owe 50% or more on their mortgage than their home is worth, said First American.</p>
<p>For more read the complete article at <strong><a href="http://online.wsj.com/article/SB125903489722661849.html%3CBR%3E" target="new">wsj.com</a>, and check out the Journal&#8217;s <strong><a href="http://s.wsj.net/public/resources/documents/info-NEGATIVE_EQUITY_0911.html%3CBR%3E" target="new">Interactive Map: State-by-State Data on &#8220;Underwater Borrowers.&#8221;</a> <!-- sphereit end --></strong></strong></p>
<p></strong></strong></p>
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		<title>Higher Mortgage Rates Are you Ready</title>
		<link>http://www.mortgagejaw.com/higher-mortgage-rates-are-you-ready/</link>
		<comments>http://www.mortgagejaw.com/higher-mortgage-rates-are-you-ready/#comments</comments>
		<pubDate>Wed, 18 Nov 2009 16:00:17 +0000</pubDate>
		<dc:creator>Jason</dc:creator>
				<category><![CDATA[Random News]]></category>
		<category><![CDATA[first time home buyer]]></category>
		<category><![CDATA[home buyer]]></category>
		<category><![CDATA[home loan]]></category>
		<category><![CDATA[home mortgage]]></category>
		<category><![CDATA[homes]]></category>
		<category><![CDATA[homes for sale]]></category>
		<category><![CDATA[housing]]></category>
		<category><![CDATA[mortgage]]></category>
		<category><![CDATA[mortgage calculator]]></category>
		<category><![CDATA[mortgage rates]]></category>
		<category><![CDATA[savings]]></category>

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		<description><![CDATA[Found this article right here Click here. Pulled a little bit out from the article shown below. Hope you guys enjoy  
Five ways to prepare for higher mortgage rates: 
1. If you&#8217;re buying, don&#8217;t borrow as much as lenders will allow you to have.
2. If you have a variable-rate mortgage, where costs rise along [...]]]></description>
			<content:encoded><![CDATA[<div class="tweetmeme_button" style="float: right; margin-left: 10px;"><a href="http://api.tweetmeme.com/share?url=http%3A%2F%2Fwww.mortgagejaw.com%2Fhigher-mortgage-rates-are-you-ready%2F"><img src="http://api.tweetmeme.com/imagebutton.gif?url=http%3A%2F%2Fwww.mortgagejaw.com%2Fhigher-mortgage-rates-are-you-ready%2F" height="61" width="51" /></a></div><p><strong>Found this article right here <a href="http://www.theglobeandmail.com/globe-investor/personal-finance/are-you-ready-for-higher-mortgage-rates/article1367208/">Click here</a>. Pulled a little bit out from the article shown below. Hope you guys enjoy <img src='http://www.mortgagejaw.com/wp-includes/images/smilies/icon_smile.gif' alt=':)' class='wp-smiley' /> </strong></p>
<p><strong>Five ways to prepare for higher mortgage rates: </strong></p>
<li><strong>1.</strong> If you&#8217;re buying, don&#8217;t borrow as much as lenders will allow you to have.</li>
<li><strong>2.</strong> If you have a variable-rate mortgage, where costs rise along with your lender&#8217;s prime rate, set your payments higher than they need to be to create a cushion to absorb rate increases.</li>
<li><strong>3.</strong> Make a lump-sum payment on your mortgage or increase your regular payments.</li>
<li><strong>4.</strong> Find out what your mortgage balance will be on renewal and use an online mortgage calculator to project what your payments could be if you were to renew at higher rates.</li>
<li><strong>5.</strong> Remember that higher mortgage costs will limit your ability to carry other debts.</li>
<p><!-- /.copy --></p>
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