Credit

Our economy is having trouble because it is fundamentally flawed. We all want money, but few of us ever think where money comes from.

via: NationalMortgageProfessional.com In an Oct.

Watch the Fox 35 Video here . Andrea was one of the “doers”

Is it accomplishable to climb up from a 540 to a 640 in 3-5 months? I need to purchase a house…”
This is a question i am viewing more and more of lately and they are starting to give me a flash back to 2006. Rolling Stone has a lead songs of the year gnarlsbarkleyist [...]

Greetings to all.  This week’s update is coming live from the RE BarCamp in Miami.  Being that you are likely in the real estate industry in some fashion, I highly recommend getting to a few of the events such as these so you can learn more and more about social media and how it can help your business. Enough of the marketing junk, let’s get down to what to expect this week by first looking at last week.  There wasn’t much data and we never really got a genuine correction to take place, so expect a correction of at least a little this week, but expect also a rebound and maybe even a push to the highest mortgage bond pricing in quite some time.  One of the subtle reports from last week which may help shape this week was the Consumer Credit report which showed a huge drop, signaling the potential of a large miss in this week’s Retail Sales report.  That could be the point of the next leg higher.  Treasury Auctions all went well, keeping MBS prices from doing their corrective move last week.  So let’s get into this week, shall we

Here’s a well articulated email I received today from mortgage professional  Jon Bodan of The Perpetual .  I think we should all read, discuss, distribute and act upon it: This is insane!!!  (MG notes:  This link was provided on LoanToolBox forum courtesy of Jim Sahnger .  You’ll find what Jon’s referring to on p. 43240 and 43241).

Here’s a well articulated email I received today from mortgage professional  Jon Bodan of The Perpetual .  I think we should all read, discuss, distribute and act upon it: This is insane!!!  (MG notes:  This link was provided on LoanToolBox forum courtesy of Jim Sahnger .  You’ll find what Jon’s referring to on p. 43240 and 43241). You need to send this to everyone you know in our industry and encourage them to call their elected officials and RIGOROUSLY show your opposition to this rule-making

Bad Credit Ratings may not be your fault, that’s right your negative mark stamped on your credit file may be a mistake! They happen, and many people wind up paying for debts they do not actually owe.
If you’re checking out your credit report and you experience an error what should you do? There are things [...]

A Credit Check or Credit Score shows the creditworthiness or financial situation of a individual. In order for a lender to approve your loan or credit card they require a credit report or score to know whether the borrower is financially sound or not.
Poor credit can impact one’s credit flexibility however a good or perfect [...]