According to an article published in the National Mortgage News online (Mortgage Lenders’ Many Headaches, 10/02/13), lenders are preparing to deal with a plethora of new regulations and …
President and Congress Moving to End Fannie Mae and Freddie Mac. Is This REALLY The Right Solution?
In August, 2013, President Obama and Congress formalized their desire to dismantle the mortgage giants, Fannie Mae (FNMA) and Freddie Mac (FHLMC). Both FNMA and FHLMC have been blamed in …
While the “Big Banks” Are Firing, Mortgage Wealth Advisors is HIRING!
Everywhere you look, the “Big Banks” are eliminating employees from their mortgage divisions. Wells Fargo cut more than 4,000 jobs over the last few months. Bank America cut 2,100 mortgage …
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We’re Growing!
It is with great pride and pleasure that Mortgage Wealth Advisors, Inc. announces the opening of our new and expanded office facility: 255 Executive …
Interest Rates Experience Shock and Awe, Thanks To The Federal Reserve
Mortgage interest rates are driven by the Mortgage Backed Securities (MBS) markets, where mortgages underwritten to Fannie Mae and Freddie Mac standards are packaged and sold in the …
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New Streamlined Modification Program To Help Delinquent Borrowers Avoid Foreclosure
Another option will soon be available to help delinquent borrowers avoid foreclosure, as well as help Fannie Mae and Freddie Mac minimize further losses. Beginning July 1, 2013, mortgage …