Let's Talk! Gene Mundt, Chicago-area Mortgage Blog

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Mortgage and Lending - NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656 - IL Lic 031.0006220/WI
Mortgage, Credit, Real Estate info, plus details and local info pertaining to New Lenox, the Lincoln-Way Area, Will County, the Greater Chicagoland area, Illinois and Wisconsin



Cost Of Mortgages to Increase  Due to Recent Enactments   Affecting Fannie Mae and Freddie Mac               Recent Enactments that affect Fannie Mae and Freddie Mac, and ultimately about 70% of ALL mortgage holders, are going to drive-up the cost of doing mortgages soon.           Costs are exp...
  HARP 2.0 Update ... from Fannie Mae                 There's a bit more insight and information out on the  HARP 2.0  update, at least from  Fannie Mae's  perspective ...         Beginning Monday, March 19th (2012), Fannie Mae will unveil their new software (more forgiving), and then folks ... s...
  Du Page County, IL Sr. Citizens Real Estate Tax Deferral Announced for 2012   Information/Applications Now Available Through March 1, 2012   Du Page County in IL, like many other counties, offers many helpful forms of assistance to the senior residents living within its borders. One such progra...
   Rialto Square Theatre in Joliet, IL School Matinee Series and Educational Programs              I recently came upon some pretty exciting information and I thought I'd pass it on just in case there are others in the Chicagoland area that, like myself, were unaware of it.  I think this info wil...
  "Winter on the Green" to be Held in Frankfort, IL on Sundays, January 8th to February 12th, 2012              Breidert Green, located at Ash and Kansas Streets, in the historic downtown region  of Frankfort, IL, will once again be the site for the "Winter on the Green" series of festivities sta...
  Seeing the Light ... a Simple Guide to New Light Bulbs          Back in 2007, a new law entitled, "The Energy Independence and Security Act" was signed.  It was expanded upon in 2010.  As a result, new requirements and efficiency standards were placed in line for the common light bulb.      Wel...
Announcing the "Comeback Kid" ... PMI! (Private Mortgage Insurance)               In the good news department, it appears that the private mortgage insurance companies may be loosening up their guidelines and appear to be regaining a lost share of business that FHA has been enjoying.         Cou...

Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi

708.921.6331 - 40+ yrs experience
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