Courtesy of FHFA. For a copy of the full article please go to U.S. Monthly House Price Index Rises 0.8 Percent from March to April The pacific region is performing 4.7% better than the rest of the nation.
The Pacific Region Represents The Highest Home Price Increase According To FHFA
June 22, 2010 By Leave a Comment
Doing business with Bank of America?
June 20, 2010 By 1 Comment
If you are doing any kind of business with Bank of America you must be the kind that likes losing money. A lot of money. On the June 18th edition of the Boston Globe, the articled titled “Bank of America rethinks free checking” described the initiative of Bank of America of the new era of [...]
The Rebound In Real Estate Cannot Happen Until The Current Leadership Wakes UP
June 12, 2010 By 1 Comment
As a mortgage originator I am extremely disappointed with regards to the way Barney Frank and friends are handling the free fall in the Real Estate crisis. Since the approval of the new good faith estimate (GFE 2010) things have become confusing enough for the buyers that they are simply walking away from the transactions. [...]
Two Credit Reports Are Now Required For the Underwriting of Mortgages
June 5, 2010 By 1 Comment
In May Fannie Mae, the largest purchaser of home loans, announced a new requirement prior to the funding of a Mortgage. This was published on Mortgage News Daily on May 10th. The new quality control measure was set in place for the safekeeping of the investors against the prospective buyer assuming more debt that they [...]
