Friday, May 2nd, 2008
In the nation's worst-hit real-estate markets, home sellers are suffering a new blow: They are being blacklisted by lenders. As property values decline and credit markets contract, home lenders nationwide are growing ever more unwilling to finance home purchases in sharply declining housing markets, driving prices down ...
Posted in Distressed, Lending, Lessons, buyers | 2 Comments »
Tuesday, April 29th, 2008
Lawmakers in Washington are considering a law that will change how appraisers interact with lenders and agents. It seems that during this time of distress every lawmaker wants to look like they are doing something without really addressing the problem. What does that mean? Law makers are ...
Posted in Foreclosures, Investing, Lending, Scams | 1 Comment »
Saturday, April 19th, 2008
Mortgage Time
Mortgage Market News for the week ending March 28, 2008
Compliments of
John Premysler
Applied Wholesale Mortgage PHONE:
(877) 912-9669 x302
johnp@awnow.com
184 Technology Dr
Suite 200
Irvine, CA 92618
Events This Week:
Jobless Claims Down
GDP Flat
Manufacturing Mixed ...
Posted in Lending | No Comments »
Wednesday, April 16th, 2008
HUD has released a document, 24 CFR Parts 203 and 3500 Real Estate Settlement Procedures Act (RESPA): Proposed Rule To Simplify and Improve the Process of Obtaining Mortgages and Reduce Consumer Settlement Costs; Proposed Rule.
HUD is looking for comments and/or suggestions before deciding to implement it.
The first thing one notices ...
Posted in Lending | No Comments »