ARCHIVED BLOG POSTS
2007
Last week I found about a few "upcoming" lending changes: (1) Fannie Mae's interest rate adjustments according to credit score risk effective March 03, 2008 (FNMA Announcement 07-16) and (2) the MyCommunity Mortgage changing its allowable seller contributions from 6% to 3%.Well here's another ma...
11/20/2007
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LENDING TIMES - THEY ARE A CHANGINGLike we needed something else to potentially effect the market! Well the fact is, the landscape of mortgage lending IS changing. We can debate about the what, when, where, why and how, but the fact that things are ever evolving still remains. Update: 12/15 ...
11/16/2007
CALL TO ACTION ON H.R. 3915Most of you have read and already know about HR 3915, the "Mortgage Reform and Anti-Predatory Lending Act of 2007." Alot of real estate professionals have already voiced their opinions through various vehicles (petitions and emails), but if you have not, here's your la...
11/05/2007