Mortgage Specialist
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A few months ago, I informed you that the Fannie Mae, Freddie Mac, and FHA extended loan limits are due to expire on October 1, 2011. (Click here to read my original article, Maximum Loan …
Continue Reading about Maximum Loan Limits Being Reduced?? (Part II) →
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In my last newsletter, I outlined the Federal Reserve’s new rules pertaining to mortgage compensation reform that went into effect April 1, 2011. These new rules have caused a huge outcry …
Continue Reading about New Fed Ruling NOT Supported By Their Own Findings! →
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On April 1, 2011, the latest revisions to Regulation Z, (as required by the Frank-Dodd Act) commonly known as Mortgage Compensation Reform, took affect. In one swoop of the pen, Washington …
Continue Reading about Look Out Commissioned Salespeople! Your Industry Might Be Next. →
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In 2008, when the mortgage implosion began, the availability of jumbo money became scarce. (Jumbo mortgage loans for single-family homes are loan sizes that exceed $417,000. Two through four family …
Continue Reading about Maximum Loan Limits Being Reduced?? →
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Michael Anderson is the government affairs chairperson for the National Association of Mortgage Brokers. He recorded this video that touches on some of the reasons why the new mortgage originator …
Continue Reading about Why New Changes to Reg Z Are HARMFUL To The Consumer →
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(Entire article and video re-broadcast from the TBWS Daily Show, March 21, 2011.) The Fed Rule on Loan Officer Compensation was written and is based on four reports. Two were pro-broker and two …
Continue Reading about The Loan Officer Compensation Fed Rule Scandal →
