What's New in the Mortgage Market?

Follow me
By
Mortgage and Lending - Inlanta Mortgage - NMLS 182565, FL LO# 12
Discuss what's new in the real estate and mortgage industry

ARCHIVED BLOG POSTS

2009 

20 Comments
Now that USDA is out of funds for their Guaranteed Program, what effect has this caused for Realtors and clients? Are your loans still getting closed? I'd like to hear how this has effected our community.
01/28/2009
What is the future of mortgage companies? With Chase taking over Washington Mutual and putting an end to mortgage broker relationship by doing their own retail mortgages. Will Wells Fargo do the same with their takeover of Wachovia? As the big banks/investors take over other banks and expand thei...
01/26/2009
In today's market, a buyer has to be careful who they pick as their loan officer. It's my opinion that today's current market is uncharted waters. No person has experienced what we are today. So, self-described experts are typically far from experts. They may be extremely knowledgable but not exp...
01/23/2009
2 Comments
New changes are abound in the mortgage market. Fannie Mae and Freddie Mac have mandated that any loan that is to be sold to them must have appraisals ordered by the Lender, not by a mortgage broker or realtor. This is to cut down on appraisal fraud and influence. It is important that you kow what...
01/19/2009
There are many good reasons to buy a bank owned foreclosure as opposed to a "short sale". Buying a bank owned property is a faster process from purchase offer to closing. However, there seems to be one pitfall. The bank who owns the property are utilizing title companies who may not be from the l...
01/12/2009
Rainer
30,904

Jim Marcinkowski

239-936-4232
local_phone(239) 936-4232
smartphone(239) 826-6400
Contact The Author
Discuss what's new in the real estate and mortgage industry