Just received this memo from one of the lenders we work with: The Lender relies on the outstanding debts, obligations…
Mortgage servicers have become a bit more cooperative during this current climate...especially with Home Affordable refinances.
Great news--I was basing this post on of my clients scenarios--their Seattle home came in with a loan to value…
NOTE: with a home affordable refinance (valid until summer of 2011), lower appraisals may not "kill the deal".
Keane, check out "ineligible mortgages" on the top of page 3: https://www.efanniemae.com/sf/mha/mharefi/pdf/refiplusmatrix.pdf Whole loans acquired by Fannie Mae 3/1/2009 or…
Rhonda, Tell me more about the securitizing factor. I haven't had this problem yet. FYI, the PMI companies are playing…
Hey Di, I actually wrote a post about FHA mortgages being assumable last month: /2010/04/fha-mortgages-assumable.html
Wow, I had no idea that so many listings/sellers are not offering fha - maybe it has something to do…
I wrote this post BEFORE the insanity of today's market with the DOW dropping over 900 pts to close down…
Wow, Kary--that's even more than I expected. Did you use a sales price parameter?
