Ilyce's Views You Can Use

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Services for Real Estate Pros - Financial Revitalize
Thanks for visiting my ActiveRain blog. Here, you'll find information about what's going on in the mortgage market, ideas to build your real estate business, and other blippits I think you may find of interest.
RECENT BLOG POSTS
Any security -- stock, bond, or otherwise -- has a specific risk associated with it.  Based on that risk, an investor decides whether or not the price is worth paying.  If the security is a "good value", an investor will buy it.  If not, the investor will pass. Until recently, mortgage bonds were...
08/12/2007
Having trouble paying your mortgage?  You aren't alone.  According to RealtyTrac, 1 out of every 134 homes filed for foreclosure in the first half of 2007.More and more, though, mortgage companies are doing their best to work things out with delinquent homeowners.Loss of a job or a sudden medical...
08/10/2007
If you're currently paying Private Mortgage Insurance (PMI) and have been for several years, it may be time to petition your lender to have the PMI payment removed.Waiting for it to drop off "automatically" may mean you will be stuck with the higher payments for at least five to ten years from yo...
08/10/2007
When home prices are stable or falling, home buyers often mischaracterized their downpayment on a home, calling it their "cushion" against falling home prices.Nothing could be farther from the truth.Nobody wants to owe money when they sell their home.  In fact, when asked, most people will answer...
08/10/2007
****I saw this today and had a really good laugh! I just had to share this with you guys!**** Very Important- Guideline Changes Effective August 8, 2007All borrowers must have one blue eye and one brown eye to qualify.LTV > 65% SIVA requires minimum credit score of 849.For all LTV > 65%, 360 mont...
08/10/2007
August 10, 2007 - Reflecting recent conditions in the mortgage markets, several media reports have questioned the strength of National City Mortgage and its future participation in the mortgage industry. National City Mortgage derives strength from its status as a subsidiary of National City Cor...
08/10/2007
Typically, higher credit scores get lower mortgage rates and access to a wider array of mortgage products. Extent of Indebtedness comprises 30% of a credit score and is the second largest component in the credit scoring model.  In plain-speak, Extent of Indebtedness is: "How close is this person...
08/09/2007
Home shoppers know to consider the impact that a new home will have on their household budget and that is called keeping your eye on the ball.  Unfortunately, most shoppers are keeping their eye on the wrong ball. The proper way to answer the "How Much Home Can I Afford" question is to think in ...
08/09/2007
Recognized for its preeminence within the industry, the CMPS curriculum represents the core knowledge expected of residential mortgage advisers, regardless of the diversity of specializations within the industry. Columbia, MD -- (SBWIRE) -- 07/09/2007 -- Ilyce N. Powell, a mortgage lender with Na...
08/09/2007
Columbia, MD -- (SBWIRE) -- 06/29/2007 -- Ilyce N. Powell, CMPS announced today a large investment in increased education for home buyers by joining the National Association of Responsible Loan Officers (NARLO). By joining NARLO, Ms. Powell has agreed to adhere to the strictest Code of Professio...
08/09/2007
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Ilyce N. Powell

CMPS- Certified Mortgage Planning Specialist
local_phone(410) 929-2519
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