ARCHIVED BLOG POSTS
2011
14
Comments
While the trees have been turning color for 2-3 weeks in Northern New England, they have just started to show signs of the Fall Season here in Middletown, Connecticut. Fall is one of the most beautiful seasons that we have, and while north of us is where people go to view the foliage, Connect...
10/09/2011
8
Comments
Most people and even some Loan Officers are unaware that the FHA Mortgage Insurance (MI) works differently than the Private Mortgage Insurance (PMI) on Conventional Loans. FHA MI and the Conventional PMI have two major differences. The first major difference is that on Conventional Loans the PMI...
10/08/2011
President Obama signed H.R. Bill 2646 on October 5th which included a provision to lower VA Funding Fees that were announced by VA on Sept 8, 2011. Initial it was expected that the President would sign the bill in September, and that the changes would go into on October 1st for all VA Loans Clos...
10/07/2011
I recently learned of the New KODAK Email Print App And The Google Cloud Printing Technology. This caught my attention because I am presently working out of two offices, as well as having to be on the road. Being between two locations has made things a little more challenging than in the past. ...
10/06/2011
Sunday October 9th through Saturday the 15th is Fire Prevention Week at the South Fire District Fire House on Randolph Road in Middletown, CT. The theme this year is " It's Fire Prevention Week! Protect Your Family From Fire!" The Fire House will be having an Open House on the 8th from 11 a.m...
10/05/2011
On FHA Loans Can A Seller Pay All Of A Buyers Cost At The Closing? The reason why the answer to this question is important, is because a common characteristic that I have found with First Time Homebuyers is that they generally do not have much money for a Downpayment and Closing Costs. This mea...
10/04/2011
8
Comments
September 30th has come and gone and so have the FHA higher loan limits with it. While not extending the FHA loan limits, will not have a big impact in most areas of Connecticut, it will impact Fairfield County because of the higher price housing there. But no matter what the impact, this roll...
10/03/2011
It is amazing how those whose job is to stay on top of what is going on in the Lending Industry, seem to be the last to come to the realization that the rest of us have known for months. This past week Freddie Mac, Chief Economist Vice President, Frank Nothaft made the following two statements: “...
10/02/2011
A report recently published by CoreLogic a leading provider of information, analytics and business services, shows that Mortgage Fraud have declined from the 1st Quarter of 2010 to the 1st Quarter of 2011. However the CoreLogic report also shows that new and more creative fraud schemes are bein...
10/01/2011
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