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 

With the anticipation of the new FHA proposed changes being implemented in 2013, there is particular concern about the proposal to keep the FHA Mortgage Insurance Premium (MIP) on an FHA Mortgage for the life time of the loan.  This proposed change by FHA has also brought to light that many peopl...
12/07/2012
For a long time I thought that I was creating "Raving Fans" through the service that I was providing to my Borrowers.  I pride myself on that up until I read a little book by Ken Blanchard and Sheldon Bowles titled "Raving Fans". As I read the book it became very clear to me that the service that...
12/06/2012
Today was the Active Rain Meet-Up In Cromwell, Connecticut. This is the first Meet-Up that I have hosted, and I was very pleased with the number of ActiveRainer's that showed up.  Today's ActiveRain Meet-Up was also a first for two ActiveRain Members Beth McIntyre and Joe Petrowsky.  I had met Jo...
12/06/2012
The Chamber of Commerce of Eastern Connecticut Foundation will be having their 29th Annual Holiday Gala on December 7th at the Mohegan Sun.  It will start with Champagne & Hors d'oeuvres and Silent Auction at 5:30.  A Live Auction will then  immediately followed the Silent Auction. This is not a...
12/05/2012
The celebration and fun activities for the 27th Annual Holiday On Main Street In Middletown, CT, will continue this Saturday, December 8th, and will continue every Saturday through the month of December.  Holiday On Main Street is coordinated by the Middlesex Chamber Of Commerce who do an excepti...
12/05/2012
Tonight was the Holiday ActiveRain Meet-Up At Dagny Eason's House.  I can not say enough about the great job that Dagny does in hosting these ActiveRain Meet-Up's, and the proof is the turnout that she gets each and every Meet-Up.  Dagny's home is a perfect setting for an ActiveRain Meet-Up, and ...
12/04/2012
The Federal Housing Finance Agency (FHFA) has announced that the Maximum Conforming Loan Limits Will Stay The Same For 2013.  The present Conforming Loan Limit for most counties throughout the country is $417,000, but can be higher in counties that are considered high cost areas.  Conforming Loan...
12/04/2012
We went from a booming market in 2005/2006, to a very challenging market in 2006/2007, which began the downward slide that has left many Realtors and Loan Originators looking around and asking OK Where Did My Cheese Go? I don't know how many of you are familiar with a little book titled "Who Move...
12/02/2012
  The Young Professionals Division of Chamber of Commerce of Eastern Connecticut will be hosting a Business After Hours At The Holiday Inn of Norwich on December 5th.  This will be a great opportunity to make new contacts, and Network. The Chamber of Commerce of Eastern Connecticut averages about...
12/02/2012
Much has changed in the Lending Industry over the last two to three years.  Some changes were needed, others created more issues than they solved.  If I was to describe the changes that have taken place I would label them as "Form" & "Substance", with Form Taking Priority Over Substance. A close ...
12/01/2012
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