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mortgages: SHOW ME THE MONEY!!! $8000 First Time Home Buyer Credit - 07/01/09 02:55 PM
They said we can offer it. They said it was available. They said "it's a good thing". They said its here! Please correct me if I am wrong. We see nothing!! Does it really exist? Seem lots of lip service and little else.
 As of today's date, of the 100's of lenders we communicate with, not a one of them has this credit to offer.
 Sure, the current administration says it's so. But not the lenders. What many may not realize is  although our government has approved this "program" they have left it up to the individual "lenders"/"lending industry"  to develop the programs … (1 comments)

mortgages: Update - Home Affordable Refinance Policies Change - 06/26/09 11:21 AM
In an attempt to broaden the market for refinances (due to the fact that many who have the need do not qualify) Fannie Mae has made the following announcement -
 
This change is in an effort to increase the population of eligible borrowers for the Refi Plus manual and Desktop Underwriter options and provide more lender flexibilities which include:
As quoted from Fannie Mae' recent published info -
"Adding existing loans with various forms of credit enhancement other than borrower-paid mortgage insurance coverage to the pool of loans eligible for Refi Plus (DU or manual). Loans with lender-paid mortgage insurance … (0 comments)

 

Jeff Polonsky

Mill Creek, WA

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loansnjobs.com and EasyWayToShop.Com

Address: info@loansnjobs.com, mill creek, wa, 98012

Office Phone: (800) 497-4223

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