Tag Archives: mortgage

20 Reasons for Title Insurance

http://teachingloans.com/post/16598399885/reason4titleinsurance This link will share the reasons.  I get asked this occassionally and wanted to share. Matt Steinmetz

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FHA to Change Allowable Seller Credit Amount?

FHA will propose to reduce the maximum allowable seller concession from its current level to one more in line with industry norms. Continue reading

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What Not To Do During Your Loan Processing

To some it’s obvious and to others it’s not, but the following items are critical during the loan process. Continue reading

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Mortgages Get More Expensinve

Homebuyers are being tasked with the job to cover the cost of the payroll tax cuts… Continue reading

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Jumbo Loan Question

I am not too well versed in the servicing and secondary side of the mortgage industry so perhaps there is someone among us who can explain to me why we can’t split a Jumbo loan to be serviced by say … Continue reading

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Merry Christmas

This is me wishing everyone a Merry Christams and Happy Holidays with a bonus music track! Continue reading

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HARP Update II

The updates I received re:HARP loans are both incouraging and discouraging! They’ll raise you up and bring you down! Who knew loans could be so dramatic, like a Hollywood picture show! Continue reading

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HARP Update Nov. 15th

The HARP program has been extended through 12/31/2013.

“Fannie Mae is removing the maximum LTV ratio limit for Refi Plus mortgage loans secured by fixed-rate mortgages with terms up to 30 years.
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FHA Loan Limits Increased! Again!

Congress to restore FHA loan limts to $729,750 Continue reading

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More Lenders Exiting in 2012 and Rates Getting Better

This video discusses the estimate from the Mortgage Bankers Association that the loan volume for 2012, industry wide will drop by 25%.  This will force more lenders, individuals and companies, to leave the industry.  The video also touches on where … Continue reading

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