Mortgage Specialist
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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 November 14, 2009.) With the First Time Home Buyer Tax Credit Program set to expire at the end of November, President Obama has signed legislation extending the $8,000 credit …
Continue Reading about Home Buyer Tax Credit Extended Through Spring 2010 →
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(Originally published October 31, 2009.) Its common knowledge that when applying for a mortgage, borrowers receive a mailbox full of applications, forms, and disclosures, all sent by the bank, all …
Continue Reading about New Truth In Lending Laws Still Causing Mortgage Delays. →
