fnma: So You want to go Condo? - 08/27/08 03:08 AM
With recent news that many, if not all PMI companies are having issue with insuring condo's in Florida I thought this would be a good time to talk about the current challenges in financing condo's. Most of the information applies to all but some is more specific to my market here in Greater Cincinnati.  Enjoy!!!!!
Click the link below to see the video.
www.rickpilger.com/carcollege
(0 comments)

fnma: Why Mortgage Rates are not Falling - 03/07/08 11:50 PM
There have been a lot of questions of why mortgage rates are not falling in light of all the economic data coming out and the weakness in the stock market.  The disconect between Mortgage Backed Securities and the 10 year Treasury is more apparent than ever. I have included the text of an email from FNMA to better explain what is going on in the market to cause this:
These are Fnma's comments on the selloff in MBS.

The Capital Markets Sales Desk has fielded a large number of calls from customers simply asking, what’s going on?  Why is … (2 comments)

fnma: Declining Market Values " Oh My, Oh My"! - 01/21/08 02:20 AM
What does it mean? What will it Cost?
As the real estate and mortgage markets continue to recover we are seeing more and more restrictions on lending to try and right the ship. One monster that started to surface way back in July of 2007 was the "Declining Markets" guidance sent out by FNMA.  In short FNMA began to notice in their massive data base that there are areas of the country that are seeing consistent declines in market value.  While it is acceptable to deliver mortgage products to FNMA that are secured by properties in declining markets the rules have … (1 comments)

 
Rick Pilger (Union Home Mortgage Corp.)

Rick Pilger

Liberty Township, OH

More about me…

Union Home Mortgage Corp.

Address: 7362 Liberty One Drive, Liberty Township, OH, 45044

Office: (513) 234-4987

Mobile: (513) 600-9003



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