George Souto - FHA, CHFA, VA, USDA, & Fannie Mae Home Mortgage Loans, Connecticut

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Mortgage and Lending - George Souto NMLS #65149 FHA, CHFA, VA Mortgages - NMLS #65149

ARCHIVED BLOG POSTS

2012 

MetLife has recently made a formal announcement that it will no longer be doing Reverse Mortgages, and has sold that division to Nationstar Mortgage LLC.   Even though Nationstar will pick up where MetLife left off, this is not good news for those looking to do Reverse Mortgages.  There is only a...
05/04/2012
The flyer above says it all, but I do have to add a little to it.  The Literacy Volunteers of Central Ct, provides a great service to adults who need assistance in learning to read and write. It is very hard to get a good job, or to advance if you don't know how to read and write.  I know all ab...
05/03/2012
Financial institutions are be more proactive in fileing suspicious activity reports for mortgage fraud according to a recent report.  The fileings for mortgage fraud was up 31% in 2011 over 2010, according to the Financial Crimes Enforcement Network (FinCEN).  According to the FinCEN "financial ...
05/02/2012
The National Association of Mortgage Brokers (NAMB) has finally gotten on board with several other organization in petitioning the Consumer Financial Protection Bureau (CFPB) to clarify the  Qualified Mortgage (QM) rules that are contained withing the Dodd-Frank Act.   Dodd-Frank Act contains sev...
05/01/2012
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