Ben Bernanke, is they guy a lot of people on Wall Street like to hate these days. They blame much of the problems with "future" debt amassing on his shoulders. Weather you like him, or you …
Don’t Ask Me To Do That – It’s Mortgage Fraud
We had some clients over the weekend call and tell us that even though they are under contract to purchase a home... they found a different home they want to now purchase! "We talked to our …
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Private RBMS – The Dawn of New Mortgage Options
A top Mortgage News Agency announced this morning that there are now two different companies working on Residential Mortgage Backed Securities from "private" labels. ????? Most (read 99.99999%) …
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Closing Docs 3 Days Before Closing REQUIREMENT H.R. 4229
The Borrowers' Right to Inspect Closing Documents Act of 2009 H.R. 4229 is currently in the House Finance Committee for Review. But it brings a HUGE question to mind: "Are we ready to make …
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Are Mobile Homes Back on the Radar?
FHFA is the Government body that is in charge of just about everything when it comes to regulating FNMA and Freddie Mac. They set out new guidelines and goals for the Agencies this week. One of the …
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April Housing Numbers Strong – Who Knew?
The S&P Case Shiller numbers released June 29, 2010 indicate that there were a ton of people buying homes in April! WOW! Who would have guessed that the $8000 tax credit was going to have such a …
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