lender: Help Save the FHA Down Payment Assistance Programs! - 08/06/08 05:23 AM
Call To Action!!!
An unfortunate part of the recently signed housing legislation is slated to eliminate the Downpayment Assistance programs that allow Sellers to contribute the FHA loan down-payment through programs like Nehemiah.
There is a new proposal, H.R. 6694 that would save the Downpayment Assistance programs.  I encourage you to write your representative and encourage them to Approve H.R. 6694.  The Nehemiah Program is making it easy to write your representative, simply visit http://www.GetDownPayment.com and follow the link under the Countdown Clock.
The Downpayment Assistance Programs have helped thousands of Buyers get a home!
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lender: Skagit Valley Paintball... - 12/02/07 07:02 PM
I recently learned that Skagit Valley Paintball has an indoor arena.  Anyone been there? How is it? I'm a little curious and thinking that maybe we should get some real estate agents and lenders out there...
I can think of several that could use shooting!!     - um what I really mean is that it would be a nice way to meet other agents/lenders in a unique setting filled with teamwork and a lot of other politically/socially correct stuff...  ya, that...  ;-)
Sound like fun??  Please let me know if you're interested!
Here's a link to their web-site:http://www.skagitvalleypaintball.com/
 
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lender: CNN Money Reports that Countrywide Plans to Slash Up To 12,000 Jobs - 09/09/07 06:08 PM
On Friday, CNN Money posted an article about Countrywide Financial Corp.  The article says that the mortgage lender plans to cut as many as 12,000 jobs over the next three months.  This cut represents 20% of its workforce.
The article also says that they will have 25% fewer loan originations in 2008.
To view the entire article, please click on the following link:http://money.cnn.com/2007/09/07/real_estate/countrywide_cuts/index.htm?section=money_realestate
 
In my opinion, Countrywide has been a good lender.  However their sub-prime division "Full Spectrum Lending" has been weak and sloppy, at least that was my experience in the loans that two of my clients obtained.  It looks to me like like they are slicing out … (1 comments)