KMG Blog

The Crisis of Credit:
What does it mean and how does it affect you?

I came across this video just recently and wanted to share with the loyal followers of my blog.  If you, like so many others, are simply turned off from words like:

"Collateralized Debt Obligations" "Frozen Credit Markets" "Credit Default Swaps"

because you aren't sure what they mean, then this video is for you!

In just 11 minutes you will have a better understanding of what has happened, and is still happening, in our national economy.  And, hopefully, a better understanding of how it affects us here at home in Coeur d'Alene and Spokane.

I hope that you, like me, find this helpful and expands your understaning.

The Crisis of Credit Visualized from Jonathan Jarvis on Vimeo.

Maryellen Garasky
Mortgage Broker
Coeur d'Alene, Idaho and Spokane, Washington
(208) 664-3600
(509) 638-3455

Government cracking down on mortgage scams!  READ ON...

I ran across an interesting article on "YAHOO! News" the other day.  It pointed out what I blogged about back in September, 2008:

Don't Lose Your Home in a Foreclosure Recovery Scam!

Here's a brief snippet from the article by Alan Zibel and Christopher S. Rugaber (Associated Press Business Writers)...

Government Cracking Down on Mortgage Scams

Federal and state officials are cracking down on mortgage modification scams, accusing "criminal actors" of preying on desperate borrowers caught up in the nation's housing crisis.

Government officials said Monday that scammers are seeking to take advantage of borrowers in danger of default by charging them upfront fees of $1,000 to $3,000 for help with loan modifications that rarely, if ever, pay off.

The frauds often involve companies with official-sounding names designed to make borrowers think they are using the Obama administration's efforts to help modify or refinance 7 million to 9 million mortgages... (emphasis added).

To continue reading, CLICK HERE!

If you are behind in your mortgage payments and are afraid of losing your home, please remember that there isn't something these people can do for you that you can't already do for yourself ... FREE OF CHARGE!

Maryellen Garasky
Mortgage Broker
KMG Mortgage Group
Idaho: (208) 664-3600
Washington: (509) 638-3455
   

Am I **REALLY** a Soccer Mom???

Well, I guess it's official ... I am a Soccer Mom.  Kevin and I sponsored a Mini-Kickers (3-4 year old) team for the Hayden Recreation Dept.  I can hardly believe it.  Is my baby already 3 years old?  Consider my mind blown!

Well, if you happen to be in the Hayden area each Saturday for the next several weeks, feel free to stop by and say hello.  It's bound to be a hoot!

All games are on Saturdays at Finucane Park (corner of 4th St. and Prairie Ave.) in Hayden.  Hope to see you there!

DATE	TEAM		TEAM	FIELD	TIME
4/11	KMG Mortgage Group	v.	McDonald's	5	10:05 am
4/18	KMG Mortgage Group	v.	Yates Funeral Homes	5	10:05 am
4/25	Team Kids World of Post Falls - Blue	v.	KMG Mortgage Group	3	10:05 am
5/2	Little Smiles Pediatric Dentistry	v.	KMG Mortgage Group	4	10:05 am
5/9	Specialty Mobile Mix	v.	KMG Mortgage Group	5	10:05 am
5/16	Fred's Plumbing - Green	v.	KMG Mortgage Group	2	10:05 am

p.s.  Guess who volunteered to be Team Mom???

Wish me luck!!!