The New Year is here! And people all over the country have made their New Year’s Resolutions to do such things as exercise more, lose 10 pounds, and…purchase a new …
Public Service Announcement For Those Who Suffered Losses Due To Hurricane Sandy
(Originally published 11/20/12.) In the wake of the terrible devastation from Hurricane Sandy, there is help available to those directly affected. Governor Andrew Cuomo announced that …
ATTN Realtors and Attorneys: IMPORTANT INFORMATION Regarding Hurricane Sandy and Your Closings
(Originally published 10/30/12.) I hope everyone made it through Hurricane Sandy with minimal damage. As a result of Hurricane Sandy, and in reference to your clients who are currently …
Ellie Mae Issues Staggering Statistics About the Profile of Denied Loans
(Originally published 10/23/12.) Early this year, Ellie Mae, a leading provider of mortgage loan origination software, began publishing an Origination Insight Report. This monthly report …
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Inept Mortgage Originators + Restrictive Lending Standards + Regulators Gone Wild = Problems for Home Buyers and Realtors. But We Have the Solution!
(Originally published 09/25/12.) Lawrence Yun, Chief Economist for the National Association of Realtors (NAR), said there would be enormous benefits to the nation’s economy if mortgage …
“Big Banks” Denying Over One-Third of All New York Loans!
(Originally published 09/11/12.) According to The Wall Street Journal (Tighter Lending Crimps Housing, June 25, 2011), in 2010, the nation’s 10 largest lenders denied 26.8% of their loan …
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