refinance: A Few Good Reasons To Ignore Your Mortgage Prepayment Penalty - 08/15/07 11:12 AM
Industry trade magazine Inside B&C Lending pegs the 2006 dollar volume of new sub-prime loans at $640 billion.  According to the Real Estate Charts chart (exhibit 18), 78% of those dollars were in 2-year adjustable loans.
A loan of this variety is often called a 2/28 ("two twenty-eight").
A 2/28 originated … (7 comments)

refinance: Are You Eligible To Get Rid Of Your PMI Payments? - 08/10/07 02:18 PM
If you're currently paying Private Mortgage Insurance (PMI) and have been for several years, it may be time to petition your lender to have the PMI payment removed.
Waiting for it to drop off "automatically" may mean you will be stuck with the higher payments for at least five to ten years … (4 comments)

refinance: Ilyce N. Powell Earns Certified Mortgage Planning Specialist (CMPS) Designation. - 08/09/07 11:57 PM
Recognized for its preeminence within the industry, the CMPS curriculum represents the core knowledge expected of residential mortgage advisers, regardless of the diversity of specializations within the industry. Columbia, MD -- (SBWIRE) -- 07/09/2007 -- Ilyce N. Powell, a mortgage lender with National City Mortgage, has passed the qualifying exams to … (5 comments)

refinance: Maryland Loan Officer Stands Up for Increased Home Buyer Education - 08/09/07 11:50 PM
Columbia, MD -- (SBWIRE) -- 06/29/2007 -- Ilyce N. Powell, CMPS announced today a large investment in increased education for home buyers by joining the National Association of Responsible Loan Officers (NARLO). By joining NARLO, Ms. Powell has agreed to adhere to the strictest Code of Professional Conduct in the … (6 comments)

 
Loan Officer: Ilyce N. Powell, CMPS™ - Certified Mortgage Planning Specialist (United First Financial)
Ilyce N. Powell, CMPS™ - Certified Mortgage Planning Specialist
Baltimore, MD
More about me…
United First Financial

Office Phone: (443) 982-0163
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