mortgage: Bright Idea! - 06/06/08 07:26 AM
I'd like to share what I think is a bright idea. I am a Mortgage Broker and was approached about providing lists of foreclosed homes that are currently for sale from the banks and investors I work with. There's a lot out there. These particular Realtor's are incorporating "foreclosure tours" as part (10 comments)
mortgage: The Home Valuation Code of Conduct (HVCC)! Yuck! - 05/07/08 05:07 AM
Attorney General Cuomo, FANNIEMAE and FREDDIEMAC (housing authorities), entered into an agreement in March of this year called the "Home Valuation Code of Conduct". This "code" does several things, but the most damaging point is stopping Mortgage Brokers from choosing the appraiser or having any contact with the appraiser during the loan (2 comments)
mortgage: Why do I want to consider a 40, "fixed rate" mortgage? - 04/25/08 06:43 AM
A 40 year, "fixed-rate" mortgage spreads your payment out over a longer period of time compared to the traditional 30 year amortization. This has the benefit of lowering your monthly payments. These mortgages offer a "FIXED" rate for the life of the loan. In the past, a potential home buyer faced (13 comments)
mortgage: THE REAL ESTATE MARKET IS REBOUNDING!! - 03/28/08 04:21 AM
Well the news is good again for the Real Estate and Lending industries! Recently, stories have been appearing in many major publications showing Listings are decreasing and home sales are increasing. Specifically, a report from National City Corp together with a financial analysis firm; Global Insight, report listings are 18% lower (7 comments)
mortgage: LUCK O' the IRISH TO YA! FEDS CUT RATES AGAIN!! - 03/17/08 08:09 AM
The feds cut rates again! Fresh and early this morning, we are seeing improvements in the bond market and should see this mornings' rate sheets improving. LET'S KICK THOSE CLIENTS OFF THE FENCE ALL YOU REALTORS! What a time to get out and get a great deal on a home. We (3 comments)
mortgage: First time on Active Rain - 03/16/08 03:58 PM
Hello!!!! I am new! A real estate agent invited me. Is anybody out there??? We are a Mortgage Company based in Clearwater Florida. The company is called PINELLAS FINANCIAL. Anyway, any pointers from any of you out there on how to have fun with Active Rain and meet some new associates? (6 comments)
mortgage: First time on Active Rain - 03/16/08 03:58 PM
Hello!!!! I am new! A real estate agent invited me. Is anybody out there??? We are a Mortgage Company based in Clearwater Florida. The company is called PINELLAS FINANCIAL. Anyway, any pointers from any of you out there on how to have fun with Active Rain and meet some new associates? (8 comments)