Author Archive

lewisporetz,

lewisporetz

  1. Mortgage Interest Deduction | proposed changes

    Mortgage Interest Deduction | proposed changes

    The Mortgage Interest Deduction has been allowed by the IRS since 1894? Eliminating this has NAR and NAHB up in arms and rightfully so as it could become a fatal blow to the fragile housing market.

    8000 tax credit By Dec. 8 3 Responses
  2. th.jpg

    The "One Touch" Loan File

    Loan documentation in today’s mortgage lending industry will be more than you have ever had to supply before…..So if you find out that your loan officer and/or processor submitted and received a one touch file on your deal, give them a thumbs up as they have achieved the ultimate mark of efficiency in the loan process. And try and do all you can to help them achieve a one touch file by supplying all the documentation requested.

    Finance By Nov. 15 1 Response
  3. 7 Requirements of Mortgage Verification and Validation

    7 Requirements of Mortgage Verification and Validation

    Today’s economic crisis has taught investors one huge lesson – verify and validate loan files.

    Finance By Nov. 2 4 Responses
  4. Mortgage Rate Shopping? – Keep your finger on the trigger

    Mortgage Rate Shopping? – Keep your finger on the trigger

    When shopping Mortgage Rates be prepared to LOCK quickly as Mortgage Rates can worsen in a hurry….

    Mortgage Rates By Oct. 28 2 Responses
  5. How Important Is The Title Company?

    How Important Is The Title Company?

    Choosing a title company for your mortgage transaction…

    Costs and Fees By Oct. 7 2 Responses
  6. The Mortgage Process? – Some Things May Just Be A Crap Shoot

    The Mortgage Process? – Some Things May Just Be A Crap Shoot

    A scenario came up recently that has been reoccurring since the inception of the new appraisal guidelines (HVCC ). Even though I have experienced this situation …More

    Mortgages By Sep. 30 No Responses
  7. Tips To A Smooth Sailing Mortgage Transaction

    Tips To A Smooth Sailing Mortgage Transaction

    Consumers should be aware in obtaining a new mortgage there no longer exists the “exceptions” prevalent in the recent past. Today’s mortgage banking landscape has lenders …More

    Mortgages By Sep. 20 1 Response
  8. What can Football tell us about the economy?

    What can Football tell us about the economy?

    Can we measure the economy based on a football game? Are you a diehard football fanatic? Can you fathom the thought of not watching your favorite …More

    Uncategorized By Sep. 8 1 Response
  9. Fannie Mae HomePath

    Fannie Mae HomePath

    Fannie Mae HomePath Financing HomePath is a special designation given by Fannie Mae to properties in their portfolio that have been foreclosed on. Fannie claims their …More

    Mortgages By Aug. 31 2 Responses
  10. Slam Dunk Loans Are A Thing Of The Past

    Slam Dunk Loans Are A Thing Of The Past

    Let’s make one thing perfectly clear.  There are no more free rides in the mortgage lending business. Getting approved for a mortgage today has become a tedious, …More

    Uncategorized By Aug. 4 1 Response