Mortgage Specialist
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Shopping for a mortgage rate has just become a bit more difficult. In 2008, both Fannie Mae (FNMA) and Freddie Mac (FHLMC) created and implemented Risk-Based Pricing Overlays that affected …
Continue Reading about Fannie and Freddie Increase Their Risk-Based Pricing Overlays →
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(Elizabeth Warren is the Harvard Law Professor chosen by President Obama to launch the new Consumer Financial Protection Bureau.) Dear Ms. Warren, Congratulations on being hand-picked by …
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(Originally published September 4, 2010.) In a prior newsletter, I mentioned that many homeowners throughout the United States are struggling with their mortgage payments or facing foreclosure. Out …
Continue Reading about Finally, Accurate Information On Loan Modifications →
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(Originally published July 5, 2010.) On Friday, July 2nd, President Barack Obama signed the Homebuyer Assistance and Improvement Act into law, thereby extending the homebuyer tax credit deadline to …
Continue Reading about Homebuyer Tax Credit Extended Through September 30th. →
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(Originally published June 6, 2010.) As of June 1st, mortgage giant Fannie Mae is requiring lenders to pull an updated credit report on all borrowers, just prior to closing, in order to confirm …
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(Originally published May 1, 2010.) Whenever the Government promises to “fix” a problem, it’s usually cause for concern. Recent changes to the real estate industry have all been implemented with …
