by Rob Chrisman
I have decided to hold a press conference to confront stories that I was Tiger Woods’ mistress. I’ve never held one before, nor have I ever met the man, nor am I “inclined” that way. But I figure that now is a good time to jump on the band wagon, especially if magazines [...]
When looking for the best Texas mortgage rates , its very important to work with someone who follows the bond and MBS (Mortgage Backed Securities) markets. Now all this may sound like mumbo jumbo, so contact us if you need an easier clarification, however, basically from here on out, I will try to give out [...]
By Amy Hoak, MarketWatch
CHICAGO (MarketWatch) — House shopping usually slows down in the winter, as people put their home searches on hold to trim the tree, buy presents to put under it and avoid the chilly weather.
This winter, however, might be different, thanks to the extended — and expanded — first-time home-buyer tax credit.
“We’re going [...]
Here is official information on the Homebuyer Tax Credit extension.
First Time Homebuyer Credit general information on IRS.gov
http://www.irs.gov/newsroom/article/0,,id=204671,00.html
First Time Homebuyer Credit Questions and Answers on IRS.gov (This page includes Q&A broken out by basic questions, 2008 purchases, 2009 purchases and scenarios.) http://www.irs.gov/newsroom/article/0,,id=187935,00.html
Mortgage Rates Hold Near Six Month Lows. Still Locking Loans
by Victor Burek – [...]
I have been getting a lot of inquiries from Realtors lately asking me how I always manage to avoid the unnecessary delays after the implementation of Regulation Z, so I figure I’d write a quickie on streamlining the processes and getting everyone to closing on time.
Couple of things we do differently than other lenders:
I always [...]
The U.S. Department of Housing and Urban Development’s (HUD) Mortgagee Review Board (MRB) will “exercise restraint in enforcing new regulatory requirements under the Real Estate Settlement Procedures Act (RESPA)” for the first four months of 2010, the agency announced Friday.
The MRB instructed its staff to exercise such restraint in considering an action against Federal Housing [...]
To all the Veterans that served our great nation, we HONOR you and thank you for your service and dedication.
Dire prediction for jumbos
Without federal help, default rate set to soar
By Steve Bergsman, Friday, November 6, 2009.
Inman News
In springtime, when all things hopeful and botanical bloom, there was a widespread sprouting of press announcements, particularly from the major banks, about increased dollars allocated to the business of jumbo loans.
Alas, the soil for such pronouncements has [...]
Published: Oct. 29, 2009
By Steve Cook Real Estate Economy Watch
Senate Majority Leader Harry Reid (D-NV) and Chairman of the Senate Finance Committee Max Baucus (D-MT), engineered the deal to include move-up buyers in the homebuyer tax credit.
A deal struck among key senators last night to extend the homebuyer tax credit will broaden the benefit to [...]