Foreclosures Continue To Concentrate Across Just 3 States

Foreclosure-tracker RealtyTrac reports that the number of foreclosures nationwide rose 7 percent on a month-to-month basis last month. However, 3 states dominated the foreclosure list, tallying more foreclosures between them than the rest of the country combined. California : 30.0 percent Florida : 15.7...

#HVCC CALL TO ACTION

To: All Mortgage Brokers, Real Estate Agents, Appraisers, Lenders, Home Builders, Title Agents, and Consumers From: Marc Savitt, President- National Association of Mortgage Brokers After more than a year of exhaustive negotiations with Fannie Mae, Freddie Mac, James Lockhart, Director of FHFA (GSE...

Mortgage Rates May 4, 2009 – Weekly Forecast

Mortgage Rates improved Monday, regaining the majority of the losses posted Friday. If you are curious as to May 2009 Mortgage Rate Forecast visit the post. In short, rates will stay within the current range 4.5% – 4.875%. Early in the week, there’s not much data to sway markets, nor is there...

B of A rebranding Countrywide = Lipstick on a Pig

They might be rebranding there name, although I am sure all the inexperienced and shady Loan officers from Country Wide will still be working their loans! This is the TRUE meaning of Lipstick on a Pig!  It is sad how BIG Marketing dollars can convince millions that you have a great Knowledgeable...

Mortgage Rates April 20, 2009 – Week Forecast

Mortgage Rates regained their footing today as the 30 YR 4.0% FNMA MBS closed 9bp higher for the day.  If last week was the precursor to this week, we will see rate improve and stabilize Monday – Wednesday and turn negative Thursday – Friday. Mortgage rates ended last week exactly where they started. ...

« Older Entries