Ar_home_b_search
 



mortgages: Countrywide New "Soft Market" Policy Changes - 01/26/08 10:07 AM
I recieved this e-mail and thought I'd pass it along...
Looks like teh declining housing market is here to stay for awile....and the lenders know it!
As you are well aware, 2008 is forecasted to be a challenging year for the mortgage industry, characterized by a declining Housing Price Index in a wide variety of metropolitan markets. In the context of the prominent threat to our industry of collateral values falling below outstanding loan balances, mortgage professionals must strive to ensure that borrowers do not take on loans that they do not have the ability or economic interest to repay. Because of these … (7 comments)

mortgages: Aurora Loan Services-Lehman Brothers...Last Day To Submit. Closing Doors! - 01/18/08 09:03 AM
Well...It's official!
Got the "official e-mail" ...  even though corporate actually dropped the bomb yesterday at 10am. My file with them must fund by the 25th. That is the day that my lock expires and there will be NO MORE lock extensions! Today is the last day to submit a new loan to them and you can only lock for 30 days.
Here's the e-mail...
Dear valued clients:
Aurora Loan Services' parent company, Lehman Brothers, announced today that it will substantially reduce its resources and capacity in the U.S. residential mortgage origination space in light of the dislocation in the mortgage markets. As a result, … (2 comments)

mortgages: Branding....Giving You The Edge! - 01/16/08 11:40 AM
A brand for a company is like a reputation for a person. You earn reputation by trying to do hardthings well.Americans are having 3.5 billion brand-related conversations per day. Are they talking about your brand?  Are they talking about you?  You are a brand!According to recent findings <http://m1e.net/c?50136946-BK1jjTsGTvytY%402950489-a.kT247ovJ8Lk>  unveiled at the Word-of-Mouth conference in Las Vegas in November, spending on word-of-mouth marketing grew to $981 million in 2006, an increase of 35.9%. Word-of-Mouth marketing grew more than the overall marketing services category (7.7%) and the U.S. Gross Domestic Product (5.7%) in the same 12-month period.Word-of-Mouth spending is expected to reach $3.7 … (0 comments)

 

Kris Krajecki Mortgage Broker Huntley, IL

Huntley, IL

More about me…

Kris Krajecki - FOX VALLEY MORTGAGE - Huntley, IL

Office Phone: (847) 426-3431

Cell Phone: (630) 347-6321

Email Me



Links

Archives

RSS 2.0 Feed for this blog

Find IL real estate agents and Huntley real estate on ActiveRain.