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No HVCC for FHA Loans and AR Member Mike Mueller on TBWS

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Mortgage and Lending with Los Angeles & Ventura Counties in CA

I subscribe to the daily webcasts of Think Big, Work Small (TBWS), which is hosted by these two guys, Brian Stevens & Frank Garay.  TBWS was founded a couple of years ago by a bunch of real estate and mortgage people who wanted to teach others in the business how to work smarter to grow their business.

Today's video was especially informative.  There is a segment where FHA states that they will not be subjecting the HVCC appraisal process to FHA loans because, and here's the best part, IT DOESN'T WORK! 

So all those lenders out there that are subjecting FHA loans to HVCC (I've run across a few), you better rethink your business practice with this particular process.  I would love to see this practice challenged in court.

There is also another segment on AR member, Mike Mueller, and his post Banned by Facebook!  Check out Mike and his post - it's really good info to know for those who think they can conduct their business on FB.

Anyway, here is today's video and I hope you enjoy it as much as I did.  I want to also suggest checking out some of their more recent ones too.

Watch Video

 

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 Donne Knudsen

Realtor® - CalState Realty Services

DRE#: 01364050 / NMLS#: 249822 

 

805.2069123

 

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Serving low-medium income individuals and families as well as first time buyers with both their real estate as well as their mortgage needs including down payment assistance

Los Angeles County  --  Ventura County

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