Mortgage Lenders
Wed, 15 Oct 2008 19:00:08 -0600
by Mortgage Lenders @ Wed, 15 Oct 2008 19:00:08 -0600
Harper touts environmental record in brief speech to UNMetro Canada - Ottawa, Canada -4 minutes ago"As the heirs to this natural endowment, we understand that it is merely on loan, passed onto us from previous generations to safeguard for the generations ... The mortgage loan itself is made by a bank, a savings and loan association, a mortgage company, a credit union, or any other lender. For it to become an FHA mortgage loan, the lender would have to be approved by the Federal Housing Administration....
Blog tag: Mortgage Lenders
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Wed, 15 Oct 2008 07:00:07 -0600
by Mortgage Lenders @ Wed, 15 Oct 2008 07:00:07 -0600
...People have spent much of the last year trying to figure out how the mortgage mess got to the point it is now at. If there was any individual who could most be blamed for this mess, it is my former senator, Phil Gramm. Borrowers can stay involved with their mortgage dealings by applying for a mortgage online. With traditional mortgages, lenders may not give out enough information, leaving the borrower practically in the dark throughout the whole process....
Blog tag: Mortgage Lenders
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Tue, 14 Oct 2008 19:00:02 -0600
by Mortgage Lenders @ Tue, 14 Oct 2008 19:00:02 -0600
What’s a Desktop Underwriter? I wanted to give you a quick update of what I know and how it will (probably) effect you. Starting June 1st, 2008 they will begin underwriting loans with DU (standing for Desktop Underwriter) version 7.0. I know I’d be asking this question if I where you. As a loan officer (or wea I’m sure you won’t be surprised when I say that Fannie Mae has decided to (again) tighten their underwriting criteria. What in the World Are You Talking About Tyler??? Moreover, asking your lender whether a rate if fixed or adjustable is important when you're on the look out for the best mortgage rate. Remember that adjustable rates, despite their low interest rates, might not have the best mortgage rates. Adjustable rate mortgages only have low interest rates in their first year, after which, rates either tend to go up or go down....
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Mon, 13 Oct 2008 19:00:02 -0600
by Mortgage Lenders @ Mon, 13 Oct 2008 19:00:02 -0600
According to the Mortgage Bankers Association's weekly application survey, volume fell 4.6% during the week ended May 23. FHA (HUD0 insures then insures the loan and pays the lender if the borrower defaults on the . The protection offered by FHA mortgages to lenders allows them to be more liberal with their terms than the prospective homeowner might otherwise obtain....
Blog tag: Mortgage Lenders
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