1. Facing Foreclosure?  Making a Comeback is an American Tradition

    Facing Foreclosure? Making a Comeback is an American Tradition

    Can’t afford your mortgage?  Call your lender and ask them to modify the loan to a payment you can afford.  The lender representative will ask you More

  2. How Is Your Loan Officer Paid?

    How Is Your Loan Officer Paid?

    “Seek first to understand, then to be understood.” – Stephen R. Covey For a large number of consumers who get a mortgage, the decision of how More

  3. Big Week Coming Up for Obama Housing Plan

    Big Week Coming Up for Obama Housing Plan

    Next week will be a big week for lenders and borrowers who are anticipating the details of President Obama’s housing plan. It won’t roll out until More

  4. Morning Market Update Stability amid Volatility

    Morning Market Update Stability amid Volatility

    So what’s happening in the markets so far today? The 4th Quarter Gross Domestic Product was revised down from -3.8% to -6.2%.  Not fun. The government More

  5. Downgraded Prime Jumbo loans?  Why should you care?

    Downgraded Prime Jumbo loans? Why should you care?

    The reason that you should care is pretty simple: If the amount of prime jumbo loans that are in trouble is going up (and I’d say More

  6. $25.2 Billion in 90 days?

    $25.2 Billion in 90 days?

    That’s even worse than what General Motors did!   Yikes! So what difference does that make?  Expect a couple of things: The government is going to More

  7. Fargo, ND, Thriving in Tough Economy

    Fargo, ND, Thriving in Tough Economy

    Just mention Fargo, ND and people who know Fargo, the movie, smile with delight, knowing this dark comedy spoofs the residents of this northerly city in More

  8. How Exactly Are We Sure About 105%?

    How Exactly Are We Sure About 105%?

    An underwriting manager was interviewing a potential underwriter for a “senior” underwriter position. The interview started out pleasant enough, and both the underwriter and the manager More

  9. First Dog will be a Portuguese Water Dog

    First Dog will be a Portuguese Water Dog

    It’s official: the White House will have a Portuguese water dog as the First Dog, according to CNN’s Political Ticker. The Obamas are hoping to get More

  10. Under Lake Jocassee is Attakulla Lodge — Still Intact

    Under Lake Jocassee is Attakulla Lodge — Still Intact

    One woman’s childhood home was buried under 300 feet of water about 40 years ago, but today, Debbie Fletcher recounts how the Attakulla Lodge – the More