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Mortgage and Lending - Apex Home Loans - NMLS #369577
Mortgage ramblings from Lewis Poretz - Mortgage Advice - Market Updates - Problem Solver
RECENT BLOG POSTS
Fannie Mae is set to deny "strategic defaulters" who walk away from their mortgage a loan for seven years. FHA (Hud) is adopting the same plan.  Is this good or bad? Well.... I say if this policy was made effective years ago, long before any bank bailouts it makes damn good sense. But it seems a ...
06/23/2010
Check out this video from Meredith Whitney on CNBC. Awesome report, no spin, just the facts... I am in the mortgage business... I talk with clients every day... I pull credit every day... Doom and gloom is no good for anybody but............. I think she is spot on with her thoughts. Is a second ...
06/22/2010
I typically do not obsess about much but the new iphone has really got my juices flowing... They say this will be the most significant upgrade to the iphone ever.... and I think I am buying into the hype.... what a sucker huh?.... You see, my current iphone is my best friend and I would be comple...
06/21/2010
Great tool to see if your area is gaining residents or losing them. Thanks to Brian Block for informing me of this high quality tool. Check it out... it could tell you a lot of information of what to expect in the next several years.....Forbes has an interesting interactive mapping tool that lets...
06/21/2010
I have posted about this topic in the recent past but I felt that Drew Sygit did such a great job on his version I felt the need to pass this along.FNMA Pushing Lenders to Pull New Credit Reports Right before Closings! The lending world just keeps getting tougher. As of June 1, 2010 FNMA guidelin...
06/21/2010
  Three men working on boats just off the South River in Annapolis, Maryland claim to have seen an alligator.   At first they thought it was a log until it started moving. It was a brief encounter. Apparently they had a few more glimpses of the creature but that was about it.  As you could imagi...
06/18/2010
Top 10 Priciest Waterfront Summer Homes In Annapolis Maryland The luxury waterfront real estate fire hose is now all but a trickle as prime properties that once would have sparked multiple offers and bidding wars continue unsold.  The most expensive of the top 10 homes is 1514 Whitehall Road with...
06/16/2010
  Sales in Anne Arundel County for the month of April 2010 have greatly increased since a year prior, increasing by over 17%. Homes are selling quicker, too, though in general at a lower price. Sales also increased compared to last month by around $10 million.            ResidentialUnit SalesNum...
06/16/2010
Please pass this along to all.....We know this blog isn't about real estate related per se, but who has a better network than Realtors to get the word out about something? Seven year old Kyron Horman, the son of a former co-worker of Sonia’s, disappeared without a trace from Skyline Elementary Sc...
06/16/2010
No kidding... HGTV is planning to kick off the second season of My First Home Sale in the fall with an episode filmed right here in the DC area.  And that includes Crofton, Maryland - easily within their limit of 90-minutes by car from the target city. They're looking for "fun, high-energy people...
06/16/2010