Quick 411 from mortgaenewsdaily.comIn other mortgage news, Option One Mortgage Corporation, a division of H&R Block, has been sold to Wilbur Ross for an estimated $1 billion. Ross is known as a distressed asset investor who has, in recent months, agreed to acquire $42 billion in mortgage servici
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03/17/2008
Heres the Quick Wiki: http://en.wikipedia.org/wiki/Bear_StearnsThe Bear Stearns Companies, Inc. (NYSE: BSC) was the parent company of Bear, Stearns & Co. Inc., which was one of the largest global investment banks and securities trading and brokerage firms in the world. The firm's main businesses
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03/17/2008
Ever have these days where you just want to scream WHY IS THIS HAPPENING TO ME??Well lately I have been having some of those days and I was scrolling through some old e-mails and came across this real life story that talks about what I am going through... These stories all happened during 9/11 tw
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03/17/2008
I hear this story time and time again about borrowers being refused a loan because they are trying to finance a loan less than $50,000. There are 2 reasons why this happensLenders have guidelines where financing a loan must meet minimum loan requirement due to risk and cost.Mortgage Brokers wor
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03/16/2008
The Website can be found here http://www.prosper.comThe Wiki can be found here http://en.wikipedia.org/wiki/Prosper.com Wallstreet Journal interview here http://online.wsj.com/article/SB120525138644627455.html So what is Prosper ? Pros
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03/16/2008
Its official Hud rolled out the proposed revisions to Respa FINALLY -- MArch 14th 2008. To view the Federal Register you can see it here --------> Federal Register What Hud Says HUD says simplifying and standardizing the GFE would make it easier for home buyers to shop around by comparing the
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03/15/2008
MRIS just announced that several new Richmond, Virginia areas’ public records are available for display in Matrix. Assessments and sales history information can be found for Colonial Heights City and the counties of Goochland, Powhatan, and Prince George. Also, assessments information can be fo
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03/15/2008
I am so proud to be part of this family and I I couldn't ask for a better lender to work for as a Loan Officer. Recently I got news that... Congratulations -- We’re #1 Again!! A Message From The Retail Leadership Team For the 16th year running, WFHM is the #1 Retail lender. Congratulations!!
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03/15/2008
I just got done watching a beautiful inspiring movie last night that one of my mentors had told me to read the book a LONG time ago. I was strolling through blockbuster last night trying to rent Dan in Real Life but unfortunately there were no copies to rent, I was completely bummed about this a
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03/15/2008
It's funny I get asked this question almost every day!There are many stories and articles out there posted by bloggers, news media, analysts, agents etc that try to give a 10 page essay on the market and if its time to buy a house or refinance. I don't know about everyone else but I like to kee
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03/14/2008
