mortgages: TREASURY SECRETARY PAULSON RESCUE PLAN FOR MORTGAGE MARKET - 12/03/07 11:08 AM
In case you missed the 7:30 am (PST) broadcast, Secretary of the Treasury, Hank Paulson, described in a fair amount of detail a mortgage bail out plan for those ARMs that are causing so many foreclosures and financial unrest. The proposed solution will not impact those that are handling their payments but (1 comments)
mortgages: FHA REFORM AND WHY YOU SHOULD CARE - 11/28/07 05:56 PM
The National Association of Realtors is regularly communicating with us to do our part in being more vocal with our Washington representatives. Specifically, legislation to make FHA single family mortgages and loans more competitive and viable again has been a major initiative of the NAR. Although we have recently learned that (1 comments)
mortgages: Seller Credits is the closest thing to a Magic Bullet - 10/29/07 08:32 PM
It is a very exciting as more and more agents recognize that seller credits (when used to buy down rates and lower closing costs) are critical parts of the transaction recipe and are responsible for getting the cake, not only baked, but baked on time. It is the closest thing to smoke and (0 comments)