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Mortgage and Lending - All Western Mortgage Broker # 14210
Las Vegas MTG Blog, Mortgage News, Mortgage Banker, John Le Francois, 7 years experience Production Manager, FHA Specialist, VA Specialist, Conventional Loans, lasvegasmtg.com, lasvegasmtgblog
RECENT BLOG POSTS
Bank of America the "BP" of banking creating a tar pit for consumers....I have clients that have been negotiating a loan modification with this bank for 1.5 years now. They have sent in all that has been required and requested and then they have sent it in again and again. In addition, they have ...
06/10/2010
Great post on Las Vegas declining home ownership.Southern Nevada homeowners were dealt a hand in the real estate and mortgage tragedy for the ages that had very little chance of keeping them in the game for long. Severe price erosion has yanked tens of thousands way underwater – a suddenly everyd...
06/09/2010
Esko has some very good information on new laws to protect home owners. Lets hope that Nevada sees the need to follow California's lead.Homeowners in distress have encountered a myriad of challenges when trying to save their properties from foreclosure. Many have successfully navigated around all...
06/06/2010
www.lasvegasmtg.com Report: Fannie Mae want Servicers to start Foreclosure on Reverse Mortgages   www.lasvegasmtg.com Report: Fannie Mae wants Servicer to start Foreclosure on Reverse Mortgages that are in default of Taxes and Home Owners Insurance. What was once taboo to discuss that any Senior ...
06/06/2010
The high rise Condominium market in Las Vegas has a 20 year supply....Southern Nevada condo market still wallows in the Lehman moment, especially the high-rise luxury segment that occupies choice space for the most part on and around the Strip. Units are hard to sell because mortgage financing ha...
06/01/2010
www.lasvegasmtg.com Report: Fannie Mae Relaxes rules on time of purchase after a Pre-Foreclosure sale has been announced and will be effective after July 1, 2010. Guidelines for Underwriters to follow after a Pre-Foreclosure Sale Or a Deed in Lieu of Foreclosure have always been in place, but  th...
05/31/2010
www.lasvegasmtg.com Report: Ron Paul Legislation to Return $8,000.00 First Time Home Buyers Tax Credit May 25th, 2010 Ron Paul (R TX-14) introduced legislation HR 5398 to permanently reinstate the First Time Home Buyers Tax Credit of $8,000 and amend the 1986 Tax Codes allowing for Federal Declar...
05/29/2010
FHA could be in trouble if the economy stays sluggishAccording to David Stevens, head of FHA, the U. S. housing market is on life support. In an article in Bloomberg Businessweek, Stevens is quoted as saying: “This is a market purely on life support, sustained by the federal government.” He went ...
05/26/2010
The Power of Active Rain to Attract Clients in Las Vegas, NV.   You read testimonials on "The Power of Active Rain to attract Clients in Las Vegas, NV." but until you experience it first hand you think you are being given a cup of Kool-Aid. In a exercise for training to be a Confirmed Loan Office...
05/22/2010
What you need to know about getting a Veteran Home Loan in Las Vegas, NV. Getting a Veteran Home loan is not as difficult or as time consuming as one may think in the hands of of someone who has the knowledge doing VA home Loans. There are more rules and guidelines that are in place with a home l...
05/21/2010