Greg Rielly's (teamrielly) Blog

Mortgage and Lending - New American Funding License #CL-6606 - MLO 76580
   Relief over financial bailout plan After a two-week financial roller-coaster ride, many people from Wall Street to Main Street are feeling a little queasy and unsure about what's next...Greg RiellyDate: 09/20/08 | Business Business FYI People ... Greg Rielly Date: 06/30/08 | Business Prime tim...
 Article reprinted with permission of author/Inland Business CATALYST.   The Un-mortgage Written by Doreen Fox Kelsey    A financial product popular in countries such as Australia, New Zealand and the United Kingdom is just now making its debut in the United States, according to Greg Rielly, a ce...
  IN THE NEWZ!!!  State Seeks To Pull Countrywide's License To Write Loans In Washington Gov. Chris Gregoire said the State of Washington is seeking to pull the license of Countrywide Home Loans to write any more loans in Washington and that investigators found evidence of "predatory practices" a...
  Dear Friend of TEAM Rielly,If like many you are not aware, there's a growing trend among big bank lenders that I feel compelled to advise you about. Several major lenders, like Bank of America, First Horizon, Countrywide, National City, and more are freezing withdrawals from Home Equity Lines o...
 ONE UP, ONE DOWN Written by Doreen Fox Kelsey      The complex world of fed rates and mortgage rates. Starting last September, the Federal Reserve Board began aggressively lowering interest rates. Yet, lately, mortgage rates have been on the increase: February ended with the highest 30-year rate...
        For complete stories, click on the links:Prime time to step into the real estate market? "... People who want to buy a home should take a few basic steps, said Greg Rielly, a mortgage planner for the Mortgage Advisory Group in Everett. His recommendations: Get a mortgage-quality credit re...
 Thursday, March 20, 2008, 5:30 PTThe Wild Ride Continues ... Mortgage bonds underwent another "Roller Coaster" day.  The 5.5% Mortgage Bond closed down 16 basis points on the day.  Bond market is closed tomorrow in observance of Good Friday. Initial Jobless Claims report which showed further wea...
 Email: Greg, I heard on the news about the upcoming (March 18, 2007 Fed) rate cut. I was running through my mind what all this would mean.  BUT then I remembered that I knew you would send out an update to clarify and that immediately made me feel relaxed.  Team Rielly  -  YEAH!!  Love the way y...
 Will Ferrell playing President George Bush ... Now that the administration has taken the necessary steps to give relief to the American homeowner and correct the liquidity crisis, it appears that the President will move on to the pressing issue of Global Warming, as shown on YOU TUBE: http://www...
 The Economic Stimulus Act of 2008, signed into law by President Bush on February 13, 2008, will allow HUD's Federal Housing Administration (FHA) to temporarily increase its loan limits and insure larger mortgages at a more affordable price in high cost areas of the country. FHA's old loan Single...

Greg Rielly

Residential Loan Officer, DFI License #MLO-76580
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