Preparing Yourself for the Sellers Market
Whether you like it or not, the buyer’s market of the past couple years or so has come to an abrupt end. Now, sellers have… Read More »Preparing Yourself for the Sellers Market
Beginning of the End for Fannie and Freddie?
There have long been stirrings of a potential Fannie Mae and Freddie Mac merger, or the outright dissolution of the under-fire companies ever since they… Read More »Beginning of the End for Fannie and Freddie?
HomeSteps Review: Freddie Mac Homes for Sale
In case you weren’t aware, Freddie Mac, along with sister Fannie Mae, acquired a ton of real estate as a result of the ongoing mortgage… Read More »HomeSteps Review: Freddie Mac Homes for Sale
Detailing the FHA’s New Annual Mortgage Insurance Premium Structure
Over the next few months, the FHA will make a number of substantial revisions to its annual mortgage insurance premium structure. This is in addition… Read More »Detailing the FHA’s New Annual Mortgage Insurance Premium Structure
Nearly 20% of Vegas Borrowers Owe More Than Double Their Home’s Worth
While the good news about housing keeps flooding in, one piece of negative data jumped out at me today. The latest Zillow Negative Equity Report… Read More »Nearly 20% of Vegas Borrowers Owe More Than Double Their Home’s Worth
New Mortgage Rules Eliminate 60% of Today’s Loans
A pair of sweeping mortgage rules is expected to eliminate roughly 60% of today’s mortgages, according to a new analysis from CoreLogic. The so-called Qualified… Read More »New Mortgage Rules Eliminate 60% of Today’s Loans
Getting a Mortgage After a Short Sale: Tips, Tricks, and Waiting Periods
Over the past several years, scores of homeowners have elected to ditch their unmanageable mortgages via short sales to avoid foreclosure. It’s estimated that roughly… Read More »Getting a Mortgage After a Short Sale: Tips, Tricks, and Waiting Periods
Deed in Lieu of Foreclosure vs. Short Sale: Here’s Why They’re Different
It’s time for another mortgage match-up, with the latest in the series pitting the lesser known “deed in lieu of foreclosure” vs. the more popular… Read More »Deed in Lieu of Foreclosure vs. Short Sale: Here’s Why They’re Different
HARP May Be Expanded and Extended to Promote Mortgage Refinancing
There’s been a lot of buzz about the Home Affordable Refinance Program lately. While it has picked up steam in recent months, thanks to the… Read More »HARP May Be Expanded and Extended to Promote Mortgage Refinancing
Wells Fargo Shifts Loan Officer Pay to Highlight Mortgage Quality
Here’s an interesting little piece of mortgage news. According to an internal presentation obtained by Bloomberg, top mortgage lender Wells Fargo plans to incentivize loan… Read More »Wells Fargo Shifts Loan Officer Pay to Highlight Mortgage Quality