ARCHIVED BLOG POSTS
2011
Premiere Mortgage Services Inc. - Dana Bain Fed Aims at Mortgage Fraud, Shoots Housing Market in the Gut. The problem with mortgage fraud wasn't broker compensation: it was the ease of the fraud and the incentives throughout the food chain for collusion. New Fed rules simply wipe out competitors ...
04/19/2011
http://www.bainmortgage.com/MortgageMarketWeekInReview & Daily Mortgage News Advisory http://www.bainmortgage.com/DailyRateLockAdvisory Newsletter-April 18th, 2011 Provided by Dana Bain & Robin Dunbar Bain Dana BainPremiere Mortgage Services11 Malvern Hill RoadSterling, MA 01564Phone: (97...
04/18/2011
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This is a great article that explains many of the reasons that The Loan Officer Compensation Rule is detrimental to the extremely fragile housing market. If you wish to help please consider joining National Association of Independent Housing Professionals provides a voice for housing profession...
04/12/2011
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Loan Costs Increasing April 1, 2011 http://www.bainmortgage.com/MyBlog Starting April 1, 2011, loan-level pricing adjustments are increasing. Most conforming mortgage applicants will face higher loan costs. Loan-level pricing adjustments are mandatory closing costs. They're assigned by...
04/05/2011
http://www.bainmortgage.com/MortgageMarketWeekInReview Also see the following videos. Dodd-Frank Consumer protection Act & Big Bank Loan Officer vs Mortgage Professional http://www.youtube.com/watch?v=LlfSTziqeCo http://www.youtube.com/watch?v=4rif6r0vwyE&NR=1 Stop the FRB Compensation Ru...
04/04/2011
Case: 11-5078 Document: 1301118 Filed: 03/31/2011 Page: 1 United States Court of Appeals FOR THE DISTRICT OF COLUMBIA CIRCUIT ____________ No. 11-5078 September Term 2010 September Term 2010 1:11-cv-00489-BAH 1:11-cv-00506-BAH Filed On: March 31, 2011 National Association of Mortgage Broke...
03/31/2011
