RECENT BLOG POSTS
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What is holding you back from buying a home right now with all the good news hitting the headlines? The 30 year fixed mortgage rate slid back below 4% this past week, hovering at an historic low level that should cause some heads to turn. 30 year fixed mortgages began around the 1950 era and last...
03/29/2012
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Bank of America is notifiying Short Sale Agents about key changes to its submission guidelines. It is important as a Monument Short Sale Agent or Denver Short Sale Agent - or a Short Sale Agent anywhere in the country - to be aware of these changes in order to represent your sellers appropriately...
03/23/2012
More news on the horizon on how the government profits at the expense of the American homeowner: The US Treasury will be announcing Monday that the "government" was able to receive a $25 Billion dollar profit in mortgage bonds on the financial crisis thru the programs created to handle the fallou...
03/20/2012
David has made some very good points in this blog - and Buyer's agents can really get their buyers information up front to see if they truly are "able" as well as willing to purchase a home.Getting married is an amazing time for a couple. But in regards to getting married it can affect your abil...
03/20/2012
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FHA passes new strict guidelines on borrowers who have collections on credit reports FHA’s attitude towards reducing its current levels of market share by up to 50% through passing strict new buyer guidelines is raising eyebrows in the tools it has chosen to use, to promote those goals. FHA has ...
03/12/2012
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Is Obama to be impeached? I was sent this article but have had no time to research the credibility or the publication itself. As I read thru this article, I felt compelled to share with as many as possible to ask if anyone can verify the authority of the publication and or the author and their re...
03/11/2012
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New FHA Streamline Refinance Details The Obama new FHA Streamline refinance plan does appear to address and eliminate a lot of the issues homeowner's have faced these past 4 years of ever increasing short sales and foreclosures. Americans have had 4 long, arduous years of high unemployment, sever...
03/09/2012
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Obama offers New FHA Streamline Refi – new hope or just another failed program? Good news on the new FHA streamline Refinance Program offered by the Obama administration-some Homeowners with FHA mortgages might be able to benefit from a new plan made public on Tuesday. The plan includes the FHA c...
03/07/2012
HUD recently proposed a new revision to seller concessions that are currently permitted. The current maximum seller concession is 6% towards buyer closing costs. Any seller concession that exceeds 6% would be considered as an inducement to purchase. HUD is proposing that any seller concessions be...
03/05/2012
Monument Short Sale Agents shares Lender Fraud education in the mortgage industry Many homeowners in America have suffered horrific losses over the past 4 years. Over 22 million homeowners in America are underwater today.We all have looked back and asked the big question: Why? Part of the proble...
03/02/2012
