What was available pre-subprime for self-employed borrowers? We get 2 years tax returns, a P &L; the big pain though…
On CFPB’s Qualified Mortgage Rule and the Ability to Repay
I have been having the same experiences with multiple mortgage lenders. Initially, they are given you the re-assurance like it's…
On Why May 31, 2009 is the cut-off date for Home Affordable Refi Program (HARP 2)s
My impression is the same as yours, that this isn't a huge change from how we're already doing things. The…
On CFPB’s Qualified Mortgage Rule and the Ability to Repay
I just called the bank about the latest refi' mailing under the HARP program. Lots of good talk, can get…
On Why May 31, 2009 is the cut-off date for Home Affordable Refi Program (HARP 2)s
Hi Rhonda, If I live in a single family home and rent out the other rooms to unrelated people, is…
On Is it a Primary Residence, a Second Home or Investment Property?
How does the qualified mortgage rule relate to those who are currently paying their mortgage on time yet cannot refinance?…
On Mortgage update for the week of January 7, 2013
Nice going. Not much national news reporting on this. I plan to quote your findings in a story for Erate…
On Mortgage rates could rise earlier than expected
It is my understanding that the director of the FHFA already has authority to change the cutoff date. So potentially…
On Reader Question: WHEN did Fannie Mae securitze my mortgage?
Rhonda, You're spot on, we need to combine our incomes to make the loan work. But I still don't understand…
On Is it a Primary Residence, a Second Home or Investment Property?
Hi Rhonda, I am active duty military currently stationed in KS but my home of record is CA. I am…
On Is it a Primary Residence, a Second Home or Investment Property?






