Kevin Lambe's (klambe) Blog

By
Mortgage and Lending - Amerifirst Financial
RECENT BLOG POSTS
Conventional Financing Threatened By Big Bank  Q R M Qualified Residential Mortgage .This proposal states that lenders need to keep some skin in the transaction. That is the purpose behind the bill's "qualified residential mortgage" rule.  It says that lenders have to hold five percent of the ris...
02/14/2011
The waiver put into effect last January has expired. Many of the big FHA lenders will no longer purchase any properties that have been bought and resold within 90days in which the property is more than 20% of the acquisition cost of the property. So a property is purchased for $100,000 it cannot ...
01/12/2011
Rainer
8,278

Kevin Lambe

Ask me a question
*
*
*
*
Spam prevention