This morning I heard the news of another government bailout, this one might actually work. The program is designed to support holders of asset based securities, such as mortgage backed securities, auto loan, student loans, and even SBA loans. It essentially would insure the under-lying assets va
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11/25/2008
We recently got the ability to pair FHA loans with grant money for Idaho home buyers. The new grants are actually called "deferred loans" with zero interest and no payments due. There are income limits, you have to earn 80% or less of the median income, currently $60,900. This means your clien
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11/20/2008
In the present market, we have seen big mortgage lenders fail as well as some lessor know companies. The mortgage broker industry is no exception. Just recently, pallets of old loan files were abandoned in a self storage facility, later purchased by an individual who attempted to sell the pape
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11/13/2008