February 22, 2012
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Foreclosures Stopped In Their Tracks for Two Lenders

Mortgage brokers have helped millions of Americans to shop for the best mortgage and purchase homes for their families.  Once we complete a loan package and the closing is completed, others take over the servicing of the loans and collection of payments.

Keeping Interest Rates In Perspective

Ah ... remember the "good old days?"  How about 1984, when 30 year fixed rates hit 13%+?  OK, maybe not so good.  From 1985 through most of 1991, the same 30 year rate dropped from 11% to around 9%, so maybe better.  With a notable peak in 1994 of around 9%, there was a general [...]

Are Things Different Now for First Time Home Buyers?

Starter homes, and all homes for that matter, have always benefited from a steady influx of first time home buyers into the market.  Most first time buyers are in the age bracket when families are being started, after college, and the buyers are frequently in their first job or career position.  However, there are always [...]

Should You Buy a Las Vegas Foreclosure Now?

Foreclosures in Las Vegas have dominated the housing market news for a couple of years now.  Inventories continue to hold steady or rise, even though investors and buyers are taking them off the market through purchases.  And, it's certainly big news about the lowest mortgage interest rates in decades.  With investors pouring money into bonds [...]

Robo-signing - Spawning “Put Backs”

All of the media coverage of "robo-signing," the latest crisis in the mortgage industry, has made it THE news for several weeks.  Banks and lenders who are foreclosing on homes at a rapid pace are being taken to task for their procedures.  Basically, they used staff or hired attorneys to sign the required affidavits for [...]
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