RECENT BLOG POSTS
I don't  know about anyone else, but FHA is really what has been keeping us alive.  However, I wish that it was more open to more people, especially those forgotten ones that are paying their high adjustable mortgage on time, but because certain loan programs have stopped,  are now stuck in adjus...
04/10/2008
4 Comments
I just learned that Washington Mutual has just left the wholesale business.This is not good people.  Not good at all.Now not only are there fewer loan programs and options for borrowers but now even fewer banks to chose from.WAMU was one of the most stable and straightforward lender.Now what??Nor...
04/07/2008
Anyone looking for a mortgage company to place their FHA and/or Reverse Mortgage loans look no further. Northern Mortgage Services, LLC is FHA and Reverse Mortgage licensed.   We are licensed throughout New England, Pennsylavania and Florida.  Contact us today so that you don;t lose deals to the ...
12/05/2007
Hello Professor Warren,   I am writing in response to your piece in today's Globe.   To refer to Yield Spread Premium as a "bribe" is nothing short of irresponsible.   With all due respect I did not notice Mortgage Finance in your list of Acceptable Press Inquiries...for obvious reasons.   In cas...
10/03/2007
7 Comments
I am always curious when a customer closes a loan or purchases a new home, what is appropriate.  I have seen some real outrageous gifts or gift baskets and seen others who give nothing. I am curious to see what people have been giving out there.  I would love to get some comments or stories.Thank...
08/01/2007
I truly love the real estate business.  Being a mortgage company I am able to make a living by giving people something that not only what they want, but also something that they need and I'm bound by law and ethics to give them a product that is "benefit to the borrower" How many other industries...
07/24/2007
Northern Mortgage Services, LLC has done both Internet and direct mail marketing.  We have favored one or the other at different times.  With the direct mail I like that when you get prospective client they are usually ready to do business with you.  With the Internet you get a great deal of "sho...
07/20/2007
With the chaos of the Sub Prime industry, we at Northern have found that FHA is a nice product that can help clients who used to, but no longer qualify for purchases or refinances.  Though not easy to obtain nor cheap, the FHA license and product has been a fantastic way to suppliment some of the...
07/16/2007
Rainer
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