Top 3 Lenders as of Dec 2007 - 12/29/07 06:58 PM
Ok folks - I have been away from AR a few weeks and feel a bit rejuvenated. i am looking for everyones input on the top lenders left in the biz. here is mine. 1) - Flagstar - simply amazing in customer service and speed. 2) - Everbank - great preferred jumbo rates - … (4 comments)
Do interest rates make a difference?? - 12/18/07 04:21 PM
Just a few weeks ago, right before the Fed lowered rates a 1/4 percent, business was brisk. Mortgage rates dropped to 2+ year loans. It even made sense to refinance fixed rates for cash out deals and still get at or near their current rate. Converting arms to fixed rates made … (2 comments)
Forecast for this coming week 12 / 10 - 12 / 15 - 12/09/07 07:37 PM
If you had asked me just one and a half weeks ago, or even as late as the beginning of last week, I would have proposed to you the fact that the Fed will surprise everyone, cut rates by 3/4 of a point and we would be on the verge of … (7 comments)
Inconsistent credit scores - what gives?? a personal experience - 12/05/07 07:20 PM
Ok here is a short and sweet post that I hope someone can answer for me. I own a mortgage company in Maryland and when I see the need to get set up with new investors, I pull a tri merged credit report and attach to all the investor packages I plan … (7 comments)
Ok - I am throwing it out there - a 3/4 rate cut Dec 11? i am crazy or what? - 12/03/07 11:37 PM
I am certainly no economist and most my predications come about by just sheer gut feelings. I have no scientific backup to any of my hunches. But as a 15+ year vet of the mortgage game and never witnessing anything like this crisis, I am suggesting the possibility of a 3/4 … (14 comments)
Nat City to cut Jumbo Products! - 12/03/07 11:13 PM
wow - the big boys are falling again! just received an email that Nat City is no longer accepting Jumbo Loans this is a shocker to me as I believed they would certainly be the ones to weather this storm.... what is next - BULLETIN07-116TO: Wholesale/Correspondent ProductionFROM: National City MortgageDATE: December … (4 comments)
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Ok folks - I have been away from AR a few weeks and feel a bit rejuvenated.
