Roger's Blog

Just last week, the courts gave prison time and restitution to a builder and  two loan officers who were part of a mortgage fraud scam here in the Treasure Valley.  Two more men, Realtors who had parts in the scam are awaiting sentencing.  To read the story, see: http://www.idahostatesman.com/wes...

Details have been surfacing all day about the new mortgage relief efforts under the Home Owner Affordability and Stabilty Plan that was signed into law on February 17th.  So far, It seems to have 2 components: One, "encourage" loan servicers to modify loans where the homeowner has some sort of di...

It seems like everyone is expecting the mortgage markets to drop to 4.5% and anything higher is "just so high".  Whenever we have rates showing 4.5% on  a 30 yr. fixed, it stays there for less than a day and by the time we call everyone in our pipeline, the rate has already moved up.  It makes us...