Minnesota Mortgage Blog - Mortgage and Real Estate News You Can Use

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Mortgage and Lending - Cambria Mortgage - NMLS 274132
Mortgage industry news and insights from a 15+ year industry expert. Mortgage and Real Estate News You Can Use



Well known firm investigating Wells Fargo appraisal practices Have you used Wells Fargo and Rels Valuations? The law firm Hagens Berman Sobol Shapiro is investigating Wells Fargo and its appraisal subsidiary Rels Valuation based on reports the companies engaged in a rigged appraisal process. The ...
Mortgages Unlimited Inc Protecting yourself against predatory lenders, mortgage scams, and Bad Loan Officer screw-ups Mortgage rates are still great. That's great news for veteran loan hunters. But for inexperienced shoppers who don't watch their backs, the mortgage business can be a scary place...
Blue Collar Common Sense Starts This Month Dan Conry is back on the air with his trademark "Blue Collar Common Sense." Beginning Monday, January 19th. Dan is bringing some familiar characters to the new program. Super Dave will produce the show and Bill Snyder will be sitting in from time to time...
  Fannie Mae and Freddie Mac Change the Appraisal Process Freddie Mac and Fannie Mae will implement a revised Home Valuation Code of Conduct beginning May 1, 2009. In an attempt to increase the reliability of appraisals, the revised code builds on existing seller-servicer guidelines and will appl...
FICO CREDIT SCORE GRADE AND FORECLOSURE RISK BY THE NUMBERS Just something to think about... GradeAA = over 760A = 720 - 759B = 680 - 719C = 640 - 679D = 600 - 639E = 560 - 599F = 520 - 5592% of the population have scores under 4995% of the population has a 500 - 549 score8% of the population ha...
Thinking of refinancing to today's great rates? BEWARE before you commit! Saint Paul, Minnesota: Real 30-year fixed interest rates without discount points have been hovering right about 5% lately for those with high credit scores and plenty of equity. Lender phones are ringing off the hook with ...

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