Failure to communicate is one of the greatest reasons for complaints in any transaction. Truly it makes no difference what type of transaction is conducted if …More
In the mortgage industry as in many industry there are words tossed around like school house chatter which have a clarity of meaning to insiders yet …More
Property values can be great fodder for everything from smiles to frowns and on rare occasion even lead to shouting matches. Understanding the procedure in estimating …More
Image via Wikipedia The numbers have been considered and tossed around for some time and now most lenders and banks are making the official move to …More
One sure way to start an argument between mortgage brokers, mortgage bankers, financial planners and consumer advocates is to answer the question, “when does it make …More
Effective for FHA loans for which the case number is assigned on or after October 4, 2010 the Upfront Mortgage Insurance will decrease from 2.25 to 1.00 …More
Image via Wikipedia Although there are many posts on the internet about FHA MIP rising to 1.55% that is factually inaccurate. The act signed into law …More
It must have seemed like a great plan to the president. Mortgage modifications certainly seem like the best choice to avert more foreclosures. At least to …More
