ARCHIVED BLOG POSTS
2012
“FHA Information Shared by Acting Commissioner” As many of you know the mortgage insurance premium is going from 1% to 1.75%. This fee is added to the mortgage and amortized over the life of the loan. Also the monthly mortgage insurance will be increased by 10 basis points. These two changes wi...
04/03/2012
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“Mortgage Fraud Case Prosecuted” Whenever I read anything about mortgage fraud cases, it makes me crazy. These cases do so much harm to the mortgage industry and create such distrust in the public’s mind. This is press that we don’t need or want. I don’t understand how these crooks keep doing thi...
04/02/2012
“Mind Boggling Consumer Responses About the Mortgage Application Process” As I read the article below, I was blown away. First, I thought, my clients were never asked to participate in this survey. Then, I thought, if this industry really does such a poor job, why? What is going on? Should I just...
04/01/2012