Steven Cook's (stcook) Blog

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Industry Observer - No Longer Processing Mortgages. - MLO #293441 expired
RECENT BLOG POSTS
George Souto in Connecticutt has provided a wonderful illustration of how FHA is not really comparable to Conventional mortgages anymore,  With the forms he has printed into the blog, he shows clearly that at 5% down, the conventional mortgage will save thousands of dollars (even if the home is o...
02/14/2013
Gail Robinson posted about the problems they are having getting a loan modification from B of A -- even though they have the hardship (husband dying of pancreatic cancer) and hove submitted the required documents (probably multiple times).  Anything you can do to share this information might help...
02/09/2013
David Saks watches the news feeds very well, and found this great information about Metro areas with the best and worst credit scores.  The list shows the top 10 and bottom 10 out of 100 total market areas.   Glad to see our area in the top ten! Top 10 Core Based Statistical Areas with the Highes...
02/08/2013
Charles Buell sets forth a very well written process of how inspectors should deal with those items which the standards of practice say can be left undetermined.  He illustrates when that makes sense and when it does not.   Just because you do not see the bear in the woods does not prevent one th...
02/08/2013
  BIG Issue Coming with FHA Changes   One of the overlooked changes that will affect all FHA borrowers, and will make things even more challenging in the future, as loan officers have to explain to the borrower why their APR is so much higher than their stated rate. Although the automated systems...
02/06/2013
  Hitting 200,000 Points - NOW!   With this post I will be passing 200,000 points.  Even a couple months ago this seemed to be a far distant goal. It is amazing how quickly the points add up, when one is consistent in   logging in and making worthwhile comments on other people’s blogs.  I guess I...
02/06/2013
My Own - Getting Healthy in the Rain Lately, I have been feeling less vigorous than normal, and in reviewing multiple items in my life, there are two things that are directly affecting this. The first is that I am carrying around too much weight (and all too common occurance here in USA).  This w...
02/04/2013
    Puyallup Antique & Collectibles Show - Feb. 2 & 3   The Puyallup Antique & Collectibles Show coming to the Puyallup Fairgrounds ShowPlex building on Feb. 2 & 3.  There are over 400 exhibitors planning to attend, making it the largest such show in western Washington. General Admission fee is $...
01/30/2013
David Saks has provided a great service by bringing this FHA news forward, for those who might not see it otherwise.   Though it is not the best of news for those who would like to buy their home with FHA financing, it does provide us with information on how they see themselves in the marketplace...
01/30/2013
  Children's Dental Health Day 2013 Saturday, Feb 2 -- 10:00a to 2:00p Tacoma Mall Tacoma, WA The Pierce County Dental Society presents its 22nd Annual Children's Dental Health Day! The event will be held on Saturday, February 2, 2013, from 10am-2pm at the Tacoma Mall jcpenney court. Children 0-1...
01/28/2013
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