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home: Should "Stated" loans be disqualified from the Making Home Affordable Program? - 04/16/09 10:05 PM
In a blog on the subject of the Making Home Affordable program, I have received a number of questions from ActiveRain'ers looking for clarification, expressing their frustration or generally commenting on the program. I have also received a number of private messages from individuals who had specific questions they wanted to be kept out of the blog.
You can view and comment on the blog post here.
In both of these scenarios I have done my best to provide clarification as I understand it. Unfortunately the program is still very new and I don't believe it's really up and running yet; I'm … (3 comments)
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home: Making Home Affordable -- Part II - 03/30/09 08:44 PM
In my blog at the beginning of March I outlined my understanding of that portion of ARRA (the American Recovery and Reinvestment Act of 2009), designed to curtail foreclosures and assist homeowners in taking advantage of the historically low mortgage rates currently available. My original blog entry can be found here.
A couple of asides:
There's a site that has been published containing interactives, information releases et al regarding ARRA, which can be found at www.recovery.gov.
The foreclosure mitigation plan, now somewhat officially coined the "Making Home Affordable" program, can be found at www.makinghomeaffordable.gov.
Ok: Here's an UPDATE on the … (0 comments)
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home: 3 Important Questions to Ask When Applying for a Mortgage - 12/31/08 10:50 AM
This post may not boost my peer popularity but it's great information for consumers, and I challenge those who are focused on their clients' best interests to forward this post to their prospective clients.
What is the actual loan program you're quoting?
I won't mention any names but we've all heard the ads promising a 'low fixed rate of x.xx%;' notice however that it doesn't say that it's a '30-year fixed rate loan.' It's a subtle marketing ploy that is often used to get people in the door before disclosing that it is actually a 5/1 ARM for example, which is an adjustable … (0 comments)
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James Wirth
Everett,
WA
More about me…
Address: Everett, WA, 98208
Cell Phone: (425) 298-7883
Email Me
James Wirth here, and T-H-A-N-K--Y-O-U for visiting my blog! Here I hope to inspire, educate, and coach those affiliated with the Real Estate industry on how they can better market themselves online & connect with past, present and future clients/customers/contacts
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Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
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