Credit

The home-buying tax credits that helped the sagging real estate industry stay afloat last year are still available to one final group of prospective buyers: Active duty military members. But time is running out, which means real estate professionals should jump at the opportunity, especially in military-rich parts of the country. Service members who served

The home-buying tax credits that helped the sagging real estate industry stay afloat last year are still available to one final group of prospective buyers: Active duty military members. But time is running out, which means real estate professionals should jump at the opportunity, especially in military-rich parts of the country. Service members who served

Most mortgage companies don’t realize this yet, but the Fair Access to Credit Score Disclosures are coming to a loan file near you! We know the Dodd-Frank Wall Street Reform Act is massive—and covers all types of financial entities. Tucked away in the bill is a section called “Fair Access to Credit Scores” which contains

So effective April 1st, FHA is requiring that all lenders must enter the “NMLS Identifier” number when ordering a case number.

Well, you knew it was going to happen. The NMLS has announced that beginning on November 1st, 2010, all licensed loan officers (not registered) must authorize them to pull a credit report on YOU—regardless of what your state’s requirements—and even if your credit was previously reviewed.

So, what’s “wrong” about the way loan officers have to be licensed? ..first you pay all that money, spend all that time getting your license and only AFTER you’ve done that…will they pull a credit report…too see if you can continue doing loans. I’ve heard of loan officers who are “on probation” because …

Several mortgage companies have offered to loosen up on late payments and credit bureau reporting for veterans affected by the Gulf Oil spill. The Veterans Administration this week urged everyone else to climb aboard

California’s first time home buyer and new home tax credit for 2010 that passed legislature and signed by Governor Arnold Schwarzenegger last week has raised questions, home buyers spirits and tax payers blood pressure. Low blood pressure is important to me, therefore, I will concentrate on maintaining high spirits for you potential homeowners by answering the

2010 is shaping up to be a good year.

Well, he’s hitting the road again with some pretty hard hitting talk about making the $10,000 homebuyer tax credit a reality for potentially 20,000 California home buyers.

The Pacific NW Housing Summit is an opportunity to bring together professionals from all aspects of the real estate industry with the intent to evaluate the current market conditions, forecast the coming years prospects and plan for the resurgence of the housing industry here in the Northwest. Real estate agents, mortgage lenders and originators, appraisers, title insurers, escrow officers and all related professionals share common challenges and goals.  This is an opportunity to learn and plan together while getting answers to the questions that challenge us all. This venue will provide face to face contact with regulators, policy makers, as well as leaders in our respective fields