Author Archive
Speed-Reading the Mortgage Rules – July 2012 Updates!
The big news this month is the rescission of Mortgagee letter 2012-3—where FHA says they will no longer enforce the rules for collection accounts. However, the disputed account section of the… Read more
Mortgage Rule Updates: What’s “Trending” Now!
The term “trending” is making its way to mainstream media—but it seems that it also applies to the new mortgage rules. It’s hot for a while—until they are updated again. And you’ll find… Read more
Are the Freddie HARP Rumors True?
You may have been hearing (also experiencing) a substantial amount of turn downs on HARP loans using LP and Open Access. I have had personal experience with this in trying to refi my rental… Read more
FHA TOTAL Scorecard Class: 8 Hidden Deal Killers
Let’s face it! An “approve” decision from your FHA AUS does not necessarily mean that you are “home free”! So, we’ve found 8 hidden deal killers that will turn your “automatic approval” into… Read more
Mortgage Women – You’re invited to a ‘Stiletto Strategies’ party!
Ladies–you’re invited to a party—and I’ll bet you that THIS party is unlike any that you ever attended! It’s a learning party where every single woman will bring a “gift” –the… Read more
FHA Piles It On
Well, last month there were no FHA updates to report—but I just knew that the “silence” meant that they are dumping a bunch of changes on you—and what a dump It’s going to be. The big… Read more
Good News for Mortgage Rules…for a Change!
So I have some good news, and even more good news. First the good news–it seems like the rule makers have been on vacation, with eight updates over the last 30 days. In fact, this is the first… Read more
Free HARP 2.0 Class: Your Questions Answered
So, Here’s what we did…We asked MortgageCurrentcy fans “What do you want to know about HARP 2.0?” It’s now posted on our website — and it’s FREE! If you have other… Read more
Disclosure Triggers: What Makes a Mortgage Loan Application “Official”!
A loan application requires 6 pieces of information in order to trigger the GFE and disclosures: 1. Property Address 2. Loan Amount sought 3. Monthly Income 4. Estimated Value 5…. Read more
“What Ronald Reagan said about the federal government…” (Mtg. Regs Update)
I’m sure that at some point in your life, you’ve heard the three biggest lies in the world…. “Your check is in the mail.” Or: “I promise I’ll respect you in the morning.” And as… Read more
