Mortgage Specialist
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(Originally published March 2, 2010.) While the US economy remains sluggish, data seems to indicate we’re in a transition to a recovery. Following such a severe recession, many economists concede …
Continue Reading about Today’s Home-Buying Opportunities Will Disappear As Economy Slowly Recovers →
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(Originally published February 21, 2010.) On January 26, 2010, The FHA stepped up enforcement actions, essentially shutting down six mortgage lenders by immediately and permanently revoking their …
Continue Reading about More Lenders Busted Under FHA Crackdown →
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(Originally published February 1, 2010.) Don’t look now, but buying or refinancing a condo or a coop just got harder. Over the past two years, Fannie Mae and Freddie Mac suffered huge financial …
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(Originally published January 24, 2010.) As of January 1, 2010, the latest government revision to the banking industry has been the redesign of the Good Faith Estimate (GFE). In years past, there …
Continue Reading about Good Faith Estimate 2010 – The Good, The Bad, and The UGLY. →
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(Originally published January 9, 2010.) For many, 2009 proved to be a year of turmoil, financial hardship, change, and reinvention. The real estate industry came to a screeching halt as the US …
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(Originally published December 26, 2009.) These are interesting times. Fannie Mae and Freddie Mac, the nation’s two largest sources of mortgage money, are under federal control. Lenders …
Continue Reading about Haven’t you Heard? The Lending Industry Is In Crisis. →
