The Mortgage Messenger

Like any aspect of life, if you focus on the negative, you will reap negative results. Our perception of the housing market is no different. The fact that the housing market is still slow can be a negative, or a positive depending on your position in the real estate market. For real estate invest...

It seems a long time that the words phrase “foreclosure rates” has been a regular part of any real estate professional vernacular, and despite the recent slowdown in foreclosure rates, we are far from seeing an end to them. Bank filing errors from robo-signing and MERS have slowed down the forecl...

You want to buy your first home, so you go to your parents, your friends, your neighbors to find out the steps you need to take to pursue a mortgage loan. From your conversations, you get a slew of advice (some unsolicited) and a multitude of different facts and details as to how, why and when yo...

Continuing our Underwriter Guideline Series with more key terms and criteria. If you’re looking for a home in Connecticut or need to sell a property there, give me a call and we can see cover all the options that exist for you.  Borrower Qualifications;  Has a valid and verifiable Social Securit...

The Federal Housing Administration (FHA) is a division of the U.S. Department of Housing and Urban Development (HUD). The goals of this division are to insure FHA mortgage loans (also know as government mortgages), expand home ownership opportunities, increase minority homeownership, make the hom...

Yes folks, real estate is still a solid investment. Just ask anyone who has the money to buy during a time when housing prices and interest rates are at rock bottom. Despite the ongoing rumors that the housing market is stagnant, there is an increasing trend within the jumbo housing market that c...

around the country feel about homeownership. Are they for it? Do they still support it despite the last 5 years' tumultuous activity? Fannie Mae released their National Housing Survey earlier this month, and here are some of the key results relating to Americans and homeownership: Americans Still...

What is the perfect time to buy a home? According to a recent article by the KCM blog, the The investment cycle is represented in the chart below. With today's low interest rates, the focus is on the bottom dip in the cycle, where between despondency and depression, buyers can find their maximum ...

In an attempt to get a current "snapshot" of the housing market, HUD has recently released their Monthly Housing Scorecard, as per a recent article in MND Newswire. To give a general overview, the report card for the market shows that "the housing market remains fragile as data through January pa...

It's that time again and individuals and business owners are compiling their reports, stubs and records for their 2010 IRS Federal and State tax Returns. For loan officers, there is a very real need to understand the import of tax return on the mortgage loan process for your clients, because the ...