The number of homeowners requesting mortgage forbearance from their loan servicers continue to grow at a massive pace. It is estimated that between three and four million homeowners have been granted …
Mortgage Industry Improves…And Gets A Bit Worse. Allow Faith to Prevail Over Fear.
On one front, the crisis as it’s been effecting the mortgage industry is abating. The mortgage-backed securities market has stabilized and at least for conforming-sized loans, interest rates are …
America Desperately Needs Mortgage Reform
For many years, we’ve seen banks big and small exiting the mortgage market, blaming the overwhelming, over burdensome, and to an extent, unnecessary regulation as the cause. These lenders found …
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Does Your Credit Score Need Help? Top Five Ways to Boost Your Credit Score.
As a trusted mortgage professional, I encourage home buyers to get pre-qualified and to review their credit months before they start looking for a home. But don’t be fooled by …
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What Do Homebuyers Think of the Mortgage Industry?
A recent survey has uncovered some disturbing – and often inaccurate – opinions homebuyers have about the mortgage industry. Value Insured, a Dallas-based insurance company, surveyed …
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Don’t Be Fooled By Deceptive Press Coverage & Propaganda. The CFPB Is In Need of A Shakeup.
In recent weeks, there’s been considerable criticism from major news outlets over President Trump’s appointment of Mick Mulvaney as the new Director of the Consumer Financial Protection …
