Bank Of America Home Loans Expands Budd Moore’s Territory.
After only a little over one year in his current position, Bank of America Home Loans grants Home Loans Manager, Budd Moore, two additional counties.
REAL Magazine Charity Golf Event At The Ritz-Carlton Members Club.
On December 12th, 2011 REAL Magazine and our gracious host, The Ritz-Carlton Members Club will hold a charity golf event to benefit the United Way’s Realtors for Kids/Success by 6 fund.
New Laws Governing Mortgage Originators
By Budd Moore
New lending laws regulate originator compensation and help protect the borrower’s “best interest.”
April brings Tax Day and this year it also brings new laws to govern mortgage originators. The new lending laws, effective April 1st, have leveled the playing field for all originators, including banks, mortgage companies, and mortgage [...]
Improved Short Sale Process
By C. J. Coury
The Short Sale phenomenon that has been escalating over the past few years has reached the point where some drastic changes are needed.
Today’s most prominent process model for these transactions requires that an offer to purchase be presented to the servicing lender prior to any action being taken to [...]
Refinance Now
By C.J. Coury
Although it is certainly more challenging to obtain a new mortgage loan in today’s market you simply must make the attempt if you have an interest rate above, at or near 6%. It is widely believed that rates will begin to rise this spring and could increase as much as 1% or [...]
FHA OK’S Finance Of Qualified Flips
By C. J. Coury
In an effort to speed up the resale of foreclosed properties the FHA has announced that it will begin to insure loans on properties that were re-sold within 90-days of purchase by the seller.
This change will allow lenders to offer FHA financing to buyers who are attempting [...]
REAL Magazine Charity Golf Event At The Ritz-Carlton Members Club.
On April 12th, 2010 REAL Magazine and our gracious host, The Ritz-Carlton Members Club will hold a charity golf event to benefit the United Way’s Realtors for Kids fund.
Financing “As-Is” Properties
By C. J. Coury
A rarely used loan product, the FHA 203(k), is fast becoming one of the hottest topics on the training front. The renewed interest in this evolving product is due to the high number of distressed properties on the market and the declining amount of “cash” buyers to sell it to [...]
Wednesday, October 19, 2011
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