Mortgage Specialist
What an emotional and tumultuous year 2020 has been! To differing extents, we have all been affected by high levels of stress, illness, and loss. Some have lost loved ones. Some are still battling …
Continue Reading about A Very Unusual Thanksgiving, this 2020 →
Last night after the markets all closed, like a sneak in the night, the FHFA (Federal Housing Finance Agency) announced they would be assessing a 0.5 point fee on ALL refinance loans sold to Fannie …
Continue Reading about Federal Housing Finance Agency Raises Fees On Borrowers →
Credit Availability Drops Off Cliff: The Mortgage Credit Availability Index measures on a monthly basis the availability of different types of mortgages to consumers. These include traditional …
Additional Options for Borrowers in Forbearance. Earlier this week, the Federal Housing Finance Agency announced that borrowers taking advantage of the forbearance option offered by the CARES Act will …
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 …
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 …
