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Mortgage and Lending - Dominick gaccino
With all that is going on today especially with the sub prime market i think that realtors will need a Mortgage banker whos knowledge can get their deals closed. No one wants a yes man who just says they can get deals closed.
RECENT BLOG POSTS
Morgage IT is doing 100% SIVA loans needs to be 1 loan(no combo) so MI will have to be paid can be either w2 wage earner or self employed score needs to be 700 fico This is great news because before it was same program but they were capped at 95% im glad to see 1 lender is being easier instead of...
07/27/2007
some of my recent posts have been rants about some crazy loans i have had and the rediculous problems i have run into This one isnt a problem on my end but its still a crazy situation for the borrower whomever did their last deal was a real....for lack of a better term.....SCUMBAG they have an ad...
07/14/2007
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ESPN is listing their ULTIMATE HR DERBEY where you can vote on all time greats as matle, mays, the babe and so on go to http://sports.espn.go.com/chat/sportsnation/listranker?id=722 and check it out also anyone on that list who you think was snubbed? chime in on this post some who comes to mind f...
07/09/2007
I JUST RECEIVED THIS EMAIL FROM GLENN RORO A FELLOW MORTGAGE BROKER IN FLORIDA BASICALLY EXPLAINING THE RISE OF RATES UP .125:  Last Week in Review   WHILE INDEPENDENCE DAY SIZZLED, BONDS AND HOME LOAN RATES FIZZLED...Just like a bottle rocket that turns out to be a "dud" - Mortgage Bonds sputter...
07/09/2007
Being from NY i am a yankee fan that being said im not a "homer" meaning, believe it or not, im not a biased yankees fan. Im a true baseball fan and love the game and love reading the box scores. OK-all that being said i think the Yankees are truely done. I'd like to see this team get some actual...
07/08/2007
I just received an email from a friend of mine who is an AE at Mortgage IT he informed me that it seems the 10 year bond took a hit and rates will be on the move yet again in the wrong direction He hasnt seen the rates yet and i hope he is wrong its 11:12 am here on the east coast and i just foun...
07/06/2007
From Denise Sinclair AE Daily emails How to Be a Good Business PartnerAny business partnership can see big results with a little work and attention. Whether you are partnering with a financial advisor or a real estate professional to expand your consumer base, it's always beneficial to support yo...
07/06/2007
I am doing a refi right now for a client. Leasehold property Last time he refied was many years ago........about 20 years prop is now free and clear we oredered title and it came back only under fee owner(land owner) i thought my girl just ordered wrong title so i called title co myself to ask fo...
07/05/2007
Seniors Hold $4.3TRILLION of Home Equity   Americans 62 years of age or older hold an estimated $4.3 trillion of home equity, according to the NRMLA/Hollister Reverse Mortgage Market Index. The index, launched by the National Reverse Mortgage Lenders Association and The Hollister Group, is the fi...
07/05/2007
I met with a client for the 1st time the other night who was referred to me by a local Realtor. Young man who is looking to buy his 1st house. His credit is below avg but i can still help him. He had a bunch of questions because he told me the previous mortgage guy charged him $3500 up front to h...
07/04/2007
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With all that is going on today especially with the sub prime market i think that realtors will need a Mortgage banker whos knowledge can get their deals closed. No one wants a yes man who just says they can get deals closed.