Chris Butaud's (cbutaud) Blog

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Mortgage and Lending - Chris Butaud, CPA, MS Taxation Guild Mortgage Company - NMLS# 13157

ARCHIVED BLOG POSTS

2011 

One of my luxury property Realtor friends just forwarded an article from our local newspaper about luxury buyers "rushing to beat jumbo mortgage deadline".  The gist of the article was to sound the alarm about the September 2011 expiration of the temporary increase in Fannie and Freddie loan limi...
04/28/2011
Washington State Housing Financing Commission has one of the most widely beneficial and little known programs for first time home-buyers.  The main benefit of this program is an annual Federal Income Tax credit equal to 20% of the mortgage interest costs. This can reduce the effective mortgage in...
04/20/2011
By the time you read this post, we will officially be in the new age of loan originator compensation regulation.  The purpose of the rule (in the Fed's own words in its August 2010 press release), is   "to protect mortgage borrowers from unfair, abusive, or deceptive lending practices that can ar...
04/05/2011
Yesterday I received a call from the well-meaning, necessarily evil and devilishly efficient compliance Nazis at company headquarters.  (Said company's name will not be mentioned in this post as inducing apoplexy in anyone remotely connected with your paycheck is generally not considered a good i...
04/01/2011
In what may ultimately only amount to a moral victory for liberty-loving consumers and professionals alike, the US Court of Appeals granted the National Association of Mortgage Professionals and the National Association of Independent Housing Professionals motion to block the Federal Reserve from...
04/01/2011
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Chris Butaud

CPA, MS Taxation,Guild Mortgage Company NMLS #3274
local_phone(206) 686-2999
smartphone(206) 686-2999
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