Brian W. Needham's (brianneedham76) Blog

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Mortgage and Lending - Flagstar Bank Home Loans
RECENT BLOG POSTS
I'm not sure were this video originated, but it has been out on the internet sometime now.  Take a look at it.  It will give you a better understanding of what happened in the sub prime world.   subprime.pps  Download File I hope this link works?
07/18/2008
Just for fun, a few of my favorite George Carlin quotes... that are publishable!!!! "Ever notice that anyone going slower than you is an idiot, but anyone going faster is a maniac? " "Isn't it a bit unnerving that doctors call what they do "practice"? " "I don't like to think of laws as rules you...
06/26/2008
4 Comments
Magnificent promises are always to be suspected. - Theodore Parker (1810-1860) If you can't make a mistake, you can't make any thing.  - Marva Collins A true man never frets about his place in the world, but just slides into it by the gravitation of his nature, and swings there as easily as a sta...
06/11/2008
3 Comments
Zillow.com continues it's march forward into the Real Estate arena with the ability for home owners to update thier own property information.  As you understand, often County records(a main source of information for Zillow property values) as well as MLS information is inaccurate(square footage, ...
06/10/2008
If you are thinking about buying a REO property that needs repairs, FHA 203(K) rehabilitation loan or it's simplified alternative, the Streamlined (k) maybe a good option for you.  FHA's simplified Streamline (k) program for small scale repairs is the perfect option for most HUD/bank REO sales.  ...
06/10/2008
Well it's been a strange trip! Who knew what was coming? We at American Home Mortgage sure didn't! Wow. The nations 10th largest wholesale mortgage company down the drain. Wall St over reaction. Today sure doesn't look like yesterday, does it. Sub prime lending all but gone. All underwriting stan...
09/04/2007
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Sales of new homes and orders for durable goods jumped in December, suggesting the weekest parts of the U S economy are on the mend.New home purchases rose 4.8% to an annual pace of 1.12 Million, the best since April '06.  Buyers were lured back into the market after builders cut prices and sweet...
01/31/2007
We are proud to announce that American Home Mortgage has developed a new charitable affinity program, The Power of Sharing.Under our Power of Sharing program, when a Charity / non-profit chooses American Home Mortgage as their preferred mortgage lender, that organization will receive up to a $300...
01/23/2007
American Home Mortgage will soon roll out The Buyer's Advantage Program, an exciting package of seller incentives that will dramatically strenghten a builders ability to attract homebuyers.Cover a Buyer's Closing Cost - AHM will allow builders to provide up to 6% of the home purchase price as a s...
01/23/2007
Refinance your Adjustable Rate Mortgage Now!While the number of new foreclosure filings droped back from the high point for November 2006, the combination of slower home sales and rising interest rates on Adjustable Rate Mortgages(ARM) continues to drive foreclosures to higher numbers then a year...
01/19/2007
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