The Basil/Nelson Team at Prime Mortgage
We are the top-performing business group at Prime Mortgage, division of The Business Bank, FDIC. Find out why!
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Minnetonka, MN, 55305
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The Basil/Nelson Team at Prime Mortgage

 
The Basil/Nelson Team at Prime Mortgage

The Basil/Nelson Team at Prime Mortgage vox is definitely on a roll....

www.wnd.com
A one-time skeptic of fiscal stimulus, [German chancellor] Ms Merkel plans what amounts to a third stimulus package worth about 7 billion ($10.4 billion), starting on January 1st. The Economist, Oct. 31, 2009 The mainstream media is full of reports of e
The Basil/Nelson Team at Prime Mortgage

The Basil/Nelson Team at Prime Mortgage Vox Day connecting the dots...

www.wnd.com
Crowd gathering outside New York Stock Exchange in October 1929 Drawing striking comparisons between the Japanese economy in 1988 and the American economy today, a new book by an author who predicted the current crisis warns it's going to get much worse
The Basil/Nelson Team at Prime Mortgage
www.sfgate.com
(10-05) 20:07 PDT -- When Kimberly and Derek Hayes went house hunting, they bumped into an unusual requirement that raised their hackles. If they wanted to bid on a bank-owned foreclosure, the bank insisted on doing its own credit check of the couple, said Kimberly, 42, a Web writer.
The Basil/Nelson Team at Prime Mortgage

The Basil/Nelson Team at Prime Mortgage More up-to-the-minute news on the developing consumer climate.....

www.bloomberg.com
Scott Conroy pays the mortgage every month on his one-bedroom condominium in San Diego, even though it’s worth 33 percent less than what he owes and it may take more than a decade to break even.
The Basil/Nelson Team at Prime Mortgage

The Basil/Nelson Team at Prime Mortgage ...and he's a Keynesian, no less...

seekingalpha.com
With large continuing trade deficits, declining manufacturing and rising public debt, we cannot expect a recovery. Worse, we can expect economic conditions to deteriorate until we face the prospect of a total collapse in the United States economy. Here is why.
Tom
Tom
Keynesian economics works well when EVERYone plays along...China is an old, patient, long-view civilization, they will do what they think best for THEM, us not withstanding, and our old, tired economists like Keynes, well, they don't care what he thinks, and actually, neither should we, Mises is more reality-based...just my opinion...:)
September 29, 2009 at 8:58pm
The Basil/Nelson Team at Prime Mortgage
The Basil/Nelson Team at Prime Mortgage
Hey, I'm no Keynesian - far from it....the point being that the Keynesians have caused all this.....
October 13, 2009 at 5:04pm
The Basil/Nelson Team at Prime Mortgage
seekingalpha.com
The Fed announced yesterday they would taper down their mortgage subsidy program to end in about 6 months (start of Q2 2010, there had been speculation they would cold turkey it end of 09, that would be like landing a plane using the nose dive technique). ...
The Basil/Nelson Team at Prime Mortgage

The Basil/Nelson Team at Prime Mortgage Oh my goodness, who would have thought that things were worse than the government was telling us??!! They have now come to the astounding conclusion that most of us came to a year ago....and they think its news....!

news.yahoo.com
The federal government faces exploding deficits and mounting debt over the next decade, White House officials predicted Tuesday in a fiscal assessment far bleaker than what the Obama administration had estimated just a few months ago.
Andrew Prest
Andrew Prest
It's OK Paul. Our brilliant, suave, courageous leader will now explain to us that the big obvious elephant in the room is really a cute puppy dog that is really here to help us. It's change we need not brains.
August 25, 2009 at 10:02pm
The Basil/Nelson Team at Prime Mortgage

The Basil/Nelson Team at Prime Mortgage Roubini weighs in on the 'recovery'.....

www.ft.com
Nouriel Roubini on the shape of a recovery
Tom

Tom I am glad you have critical thinking abilities, unless Cramer et al, at CNBC...:) Your customers will be well served.

August 17, 2009 at 5:50pm · Report
Tom
Tom
did you see bloomberg where "unexpected" dip in new housing starts? jeez, I pass 6 abandoned properties on my 3.75 mile commute to work, and a new one added monthly...is it any wonder we are starting to NOT trust MSM? (esp CNBC, pump and dump paid for whores)LOL!
August 18, 2009 at 5:47pm
Tom
Tom
OR, if they want to keep housing prices artificially high, then median wages must rise to meet median price of houses 2.5 to 3 times the median income, 10-20% down, 30-36% DTI...but, adjusted for inflation, the last 20 years wages have been flat, hence the 2 income family...sigh...
August 18, 2009 at 5:50pm
The Basil/Nelson Team at Prime Mortgage

The Basil/Nelson Team at Prime Mortgage Maybe this will help reconnect the disconnect between 'recovery' and reality....

finance.yahoo.com
WASHINGTON (AP) -- Retail sales disappointed in July and the number of newly laid-off workers filing claims for unemployment benefits rose unexpectedly last week. The latest
The Basil/Nelson Team at Prime Mortgage

The Basil/Nelson Team at Prime Mortgage Another disconnect between the 'recovery' and reality.....

www.bloomberg.com
Consumer bankruptcies show no sign of abating after rising more than a third this year and may hit 1.4 million by Dec. 31 as jobs are lost and loans are harder to get, according to the [bn:URL=http://www.abiworld.org] American Bankruptcy Institute [].
The Basil/Nelson Team at Prime Mortgage

The Basil/Nelson Team at Prime Mortgage Sobering value projections from Deutschebank...read on....

news.yahoo.com
The percentage of U.S. homeowners who owe more than their house is worth will nearly double to 48 percent in 2011 from 26 percent at the end of March, portending another blow to the housing market, Deutsche Bank said on Wednesday.
Paul
Paul
So what does this mean? I thought we bailed out the "mortgage business" already??
August 6, 2009 at 6:23am
The Basil/Nelson Team at Prime Mortgage
The Basil/Nelson Team at Prime Mortgage
yeah, waiting for the second wave....!?
August 10, 2009 at 2:39pm
The Basil/Nelson Team at Prime Mortgage

The Basil/Nelson Team at Prime Mortgage Read my lips.......no new taxes......

finance.yahoo.com
WASHINGTON (AP) -- President Barack Obama's treasury secretary said Sunday he cannot rule out higher taxes to help tame an exploding budget deficit, and his chief
The Basil/Nelson Team at Prime Mortgage
dailyreckoning.com
The recent uptick in home prices is examined with commentary by Ian Mathias and David Blitzer.
The Basil/Nelson Team at Prime Mortgage

The Basil/Nelson Team at Prime Mortgage The DOW is over 9000, The S&P Index has rallied 11% recently, housing numbers are 'less bad'....is it over? Are we recovering? Or is this just the temporary blip we get by spending 13 trillion dollars? Time will tell....

www.bloomberg.com
Home prices posted their first monthly gain in three years in May, a gauge of values in 20 major U.S. cities showed, reinforcing signs of stabilization in a market hammered by the worst slump since the 1930s.