Michael Richardson's Blog

"FHA has realized that, sometimes, credit events may be beyond your control, and that credit histories don't always reflect a person's true ability or willingness to pay on a mortgage." The "Back to Work" Program is available as of August 15th from the Federal Housing Administration, better known...

Homestead Title and Escrow & First Colorado Lending announced today that Michael S. Richardson will conduct a series of continuing education classes in September and October, hosted by Homestead. Living With Bad Credit In America Today How to Educate Buyers to improve Credit and FICO Scores. Livi...

Financing your house with a large loan Today First Colorado Lending is happy to announce the addition of a “True Jumbo” loan, our Big and Easy. The Big and Easy allows Jumbo Borrowers to finance up to $2,500,000 with guidelines that are clear and simple. The Big and Easy offers a variety of finan...

Homestead Title and Escrow & First Colorado Lending announced today that Michael S. Richardson will conduct a series of continuing education classes in February and March, hosted by Homestead. AML program and SARs education and compliance: The new Anti Money Laundering Rules & Compliance Training...

At First Colorado Lending our only job is finding you the best loan program available. We are independent and do not work for one particular lending institution nor are we tied to just one product line. Since we are unbiased we can search all our lending sources and find the best possible loan pr...

Many first time buyers think that a buyers real estate market means that getting the best deal is easy. Nothing could be further from the truth. With foreclosures, short-sales and some homeowners not understanding the true value of their home in a slower market, the choices are numerous but as co...

Deep inside all of the information concerning the Federal Housing Administration lately, there is one underreported tidbit we want to point out. For those of you who currently have FHA-backed home loans and are looking into a streamlined refinance, the time to act is now. And here's why. In its 2...

 AMRES.org and cVerifs, Inc. leading providers of training, compliance and verifications solutions to the financial services industry, announced today its launch of a new Anti Money Laundering Rules & Compliance Training and program putting all the pieces together for non-bank residential mortgag...

cVerifs, Inc. announced today a Retro Employment Verification review service which provides transparency to the underwriting efforts that were performed at the time of origination and assists with managing repurchase risk with a Retro Income Verification. With the high levels of loan foreclosures...

 “Our objective is to ensure that the public is not taken advantage of when they have fallen on hard financial times. Distressed homeowners are particularly vulnerable to this type of fraud. An important message has been sent today to those who prey on upon homeowners who are seeking financial as...