Eleanor's RTP Blog

Mortgage and Lending - Equity Resources - NMLS 67179 Licensed in NC
Covering housing and economic trends of all points surrounding the RTP / RDU (Research Triangle Park), including the major markets of Cary, Holly Springs, Raleigh, Wake Forest, Chapel Hill, Durham and Johnston County.



Okay - So, here's a Vocab cheat sheet: HVCC is the appraisal Rule.  MDIA is the Disclosure Rule.  GSE is Fannie, Freddie, GinnieMae and GFE is Good Faith Estimate that is getting TOTALLY changed 1/1/09... and NINE Denied Loans... well, you know what that is!  
The Borrowers' Right to Inspect Closing Documents Act of 2009 H.R. 4229 is currently in the House Finance Committee for Review. But it brings a HUGE question to mind: "Are we ready to make mortgage lending so precise that we can meet 8 different disclosure dates within each transaction?" THREE DA...
Twitter is Seeing RED Today! (literally, everything is RED because it's World Aids Day and they are doing their part to raise awareness!)So what's THAT got to do with Real Estate??Well, I'm talking to TONS of people who are working on their Business Plan for 2010.  As part of that Plan... Are you...
This is an interesting confirmation of what happened in the market meltdown - with Wall Street marking MBS paper as Triple A when in fact it was loaded with SISA loans.  The Attorney General in Ohio is now sueing the Rating Agencies.   The unprecedented real estate bubble the nation just experie...

Eleanor Thorne

Equity Resources 919-649-5058
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