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[A-List] Re: [TNF] Can't Push on a String



George:

Better start getting into the foreclosure business. With all the cash
out refinancing, the incentive to walk away from outstanding mortgages
will be irresistable.

Henry

George Blackburne, III wrote:

I own a large commercial mortgage company and one of the most popular
commercial mortgage portals.  By pure number of hits and applications,
C-Loans.com just may be the single largest of the commercial mortgage
portals.  One might even describe us as the LendingTree of commercial
loans.  As a result, we enjoy a unique viewpoint on the mortgage
activity in the commercial real estate industry.

Our telephone and internet commercial loan application volume has fallen
off the shelf.  Off the stinking shelf!  We are down 90% from six months
ago.

It is the most alarming decline in loan volume I have seen since 1982.
--
George Blackburne, III, Esquire
BLACKBURNE & BROWN (Nationwide Commercial Mortgage Lender)
MORTGAGE COMPANY, INC.
11866 Lawndale Drive
Plymouth, IN 46563
(574) 360-2486
Fax (574) 935-0912
mailto:george@xxxxxxxxxxxxxx
Sponsor of C-Loans - A Totally Free Commercial Mortgage Lender Databank
http://www.c-loans.com
Since 1980
12% First Mortgage Investments for Sale -
http://www.blackburne.com/invest






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