lending: Another big wholesale lender bites the dust. Will we have any left? - 08/06/09 04:21 PM
Anyone want to start playing ‘Another One Bites the Dust’ It came across my desk this morning that Taylor, Bean & Whitaker Mortgage Company, one of the major players in residential home mortgages has bit the dust.  Apparently FHA has barred them from doing loans for them, and that was the rock to the side of the head that brought this Goliath down.
Taylor, Bean & Whitaker Mortgage Corp., one of the largest independent home-loan providers, closed its mortgage-lending operation Wednesday, an event that further consolidates an industry increasingly dominated by a few big banks.
The failure of the privately held … (7 comments)

lending: Are there any 100% financing solutions left for Snohomish County? - 07/12/08 01:51 AM
With lender after lender closing their doors and loan programs being shut down one after another the options for fiancing a home are looking bleak.  Loan programs that once allowed people with little savings to purchase a home have been virtually eliminated, which has put many of my clients in Snohomish county (and just about everywhere) in a real bind.  But there are still options! Gone are the days of 80/20 loans, 100% stated loans, or reduced documentation loans. We are now back in the realm of Government subsidized loans. FHA loans are making a strong come back and along with … (0 comments)

lending: Home Loan Rates and the Fed Funds Rate - 06/04/08 04:30 PM
How are home loan rates determined? A common question I have heard from my clients over the last few months is if a drop in the Fed rate will lower the home loan interest rates. The short answer is no. In my experience, home loan rates actually tend to fall prior to a Fed rate cut and rise after it is announced. That leaves the question of exactly what affects the interest rates on consumer home loans. The answer is no where near straight forward.
The Home Loan Process When we start to look at loan rates, we need to understand … (0 comments)

 
Jacquie Cliff, - Real Estate and Short Sale Expert (Champions Real Estate Services  - Lynnwood, WA)

Jacquie Cliff

- Real Estate and Short Sale Expert

Lynnwood, WA

More about me…

Champions Real Estate Services - Lynnwood, WA

Address: 19312 60th Ave W, Suite D, Lynnwood, WA , 98036

Mobile: (425) 773-3149

Fax: (425) 742-5231

Email Me

Hello and thank you for taking the time to read my blog. I hope that you find some interesting information here. I am here to answer any questions you may have about real estate and loans in the greater Seattle area. I am the broker to call for: Buying or Selling a Home Short Sale Properties Investment Properties Home Loans - Refinancing Real Estate Investing Call me at 425-773-3149 Jacquie Cliff


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