How Much Is Your Home Worth Today?

Posted by mortgagebroker in Refinance, ... | 07.28.2010 - 12:30 pm

What’s your home worth today? That’s a key question if you’re looking to refinance your mortgage or take out a home equity loan. 

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Financial Reform will Benefit Mortgage Refinancing

Posted by mortgagebroker in Refinance, Refinance... | 07.20.2010 - 12:30 pm

Back in 1776, John Adams, a member of the Continental Congress, and the future first Vice President and second President of the U.S. wrote, “Each individual of the society has a right to be protected by it in the enjoyment of his life, liberty, and property.” Fast forward 234 years later, and today’s Congress, in their financial reform package, is taking steps to ensure that homeowners are protected from losing their properties.

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Can You Really Get a 125 Percent Refinance?

Posted by mortgagebroker in Refinance, Refinance... | 07.18.2010 - 12:30 pm

For underwater homeowners, the 125 percent refinance offered through the government’s Home Affordable Refinance Program (HARP) sounds like a great deal. But how hard is it to qualify for? 

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Refinancing for the Self-employed

Posted by mortgagebroker in Refinance, Refinance... | 07.14.2010 - 12:30 pm

If you’re your own boss, you’re fully cognizant of the benefits – no one telling you what to do or when to do it, no time card to punch, to say nothing of working in your pajamas. That’s the life! But if you want to refinance your mortgage, being self-employed has a whole set of disadvantages that a nine-to-fiver doesn’t experience.

Don’t give up—the same hard work and discipline that have made you a successful businessperson can help you navigate the mortgage refinance waters. Here are five tips that will help:

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FDIC Sells $1B of AmTrust NPLs

Posted by mortgagebroker in Refinance, Refinance... | 07.13.2010 - 5:28 pm

Two private investors have teamed up to buy a roughly $1.2 billion pool of mostly non-performing residential whole loans offered by the Federal Deposit Insurance Corp., investment banking officials and sources close to the deal confirmed to National Mortgage News.


Change in FHA Rules Creates Demand for Brokers

Posted by mortgagebroker in Refinance, Refinance... | 07.13.2010 - 5:28 pm

The Federal Housing Administration’s efforts to shift the burden of supervising mortgage brokers to actual funders is creating a mini-boom in demand for brokers to bring in homebuyers and refinancing customers.


ABA Strikes Mortgage Correspondent Deal with Wells

Posted by mortgagebroker in Refinance, Refinance... | 07.13.2010 - 5:28 pm

The American Bankers Association has opened the door for more of its members to sell residential mortgages to Wells Fargo Funding under a special pricing arrangement.


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