(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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Planning to Refinance? These Common Problems Can Cause Huge Delays – Unless You Follow My Advice.
(Originally published 07/24/12.) Thousands of people are refinancing to take advantage of today’s record-low rates. Yet many borrowers are experiencing last-minute issues that can cause …
Maximum Loan Limits Being Reduced?? (Part II)
A few months ago, I informed you that the Fannie Mae, Freddie Mac, and FHA extended loan limits are due to expire on October 1, 2011. (Click here to read my original article, Maximum Loan …
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