Real estate blog entries tagged with sacramento mortgage update by Team Newington, Sacramento Mortgage Planner (First Priority Financial)

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sacramento mortgage update: President signs the Housing and Economic Recovery Act of 2008! - 07/30/08 11:29 AM

You may have heard about this new bill and the speculation around if the President would sign it or not. Well this morning ... it is official!In a future post I will break down each of these items to give you further details. For now here are some of the provisions … (0 comments)

sacramento mortgage update: Paramount Equity May be in Trouble! The state of Washington has filed suit - 07/24/08 04:15 PM

Paramount Equity May be in Trouble!
Come on... you must know who these guys are!
They advertise on many Sacramento area radio stations and in a ½ hour drive you could probably hear 2-3 of their radio spots.
Does this ring a bell?...
" I am Hayes Barnard, owner of Paramount … (1 comments)

sacramento mortgage update: Ban expected on Nehemiah down-payment program according to the Sacramento Bee? - 07/23/08 04:05 PM

Any agent hoping and praying that down payment assistance programs for FHA will remain in place...
Well, good luck According to a Sacramento Bee story, a key program is likely to be shut down this week per Nehemiah Corp. of America officials. The nonprofit giant believes Congress and President Bush will … (7 comments)

sacramento mortgage update: Wachovia wholesale is no more! - 07/22/08 02:59 PM

Got an Alt-A loan, maybe a jumbo? Well, cross Wachovia wholesale off of your list. "Wachovia Mortgage has evaluated its business model and decided to reposition its mortgage business. Going forward, they will primarily focus on customers who have relationships with the bank, and who are located in geographies where Wachovia … (1 comments)

sacramento mortgage update: Video: Freddie and Fannie may be in trouble and Indymac has closed their doors. What does this mean to you? - 07/16/08 06:19 PM

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sacramento mortgage update: Risk-Based Premiums for FHA Mortgage Insurance - Effective 7/14/08 - 07/10/08 03:15 PM

Effective with new FHA case number assignments on or after July 14, 2008, FHA will implement risk-based mortgage insurance premiums on one to four unit single family mortgages. What does this mean?Previously FHA put every borrower in the same category and charged a 1.5% upfront mortgage insurance fee and then a .5% … (1 comments)

sacramento mortgage update: Indymac no longer accepting loan applications - 07/07/08 04:50 PM

In a letter dated today to shareholders, Indymac's CEO states...
"In this very difficult and challenging environment, any of the actions that we take to keep Indymac safe and sound unfortunately have negative consequences to some important constituency. As we stated in our financial update on May 12, 2008, we have … (5 comments)

sacramento mortgage update: Watch this video updating you on the Federal Reserve Meeting! - 06/30/08 05:06 PM

Untitled Document  … (1 comments)

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