| Category | Pickups |
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| Created | 2016-04-09 | ||||
| Owner | zhangwl | ||||
| Title | Nic Jacobs Jersey | ||||
| Description | I am no expert on mortgage insurance. But this note seed pretty nifty: MGIC ca out with a their “Rate Finder – Plus” sofare Roy Miller Jersey , which adds eligibility with rates.In addition to finding rates, MGIC’s Rate Finder – Plus now gives you the option of checking eligibility or doing both at the sa ti. No ID or password needed. A loan found eligible by Rate Finder – Plus ould also be eligible when you submit it through any MGIC MI application channel, assuming there is no change in the loan data or any additional data.” Is this a future petitor to so of the pricing engines out there? Speaking of nifty, First Arican CoreLogic launched a free Apple iPhone application th at enables folks to view market data on over 140 million residential properties using their iPhone. Clients can use RealQuest Ho Value Pro can view property values, foreclosure information and housing trends, estimated ho values for a given subject property and neighboring properties, and a whole list of other items. I don’t think that I can get it on my rotary phone… For more information visit: .californiadirectlender. Ascent Ho Loans California Direct Lender Union Bank of California let their wholesale clients know that so changes were made to their underwriting guidelines. Regarding Condominiums and PUDs, UBOC clarified the number of units for owner oupied and pre-sale requirents. In addition, UBOC enhanced the guidelines for the disposition of borrower’s current residence, and noted that eh vested owner of property with tenants-in-mon vesting is required to be a borrower. Toll Brothers Bryan Anger Jersey , who won’t tually release their results until August 27th, said that they expect to see a 42% drop in third-quarter hobuilding revenue, but said signed contrts increased in the quarter. “Net signed contrts” are expected +3%, which will be the first ti in 4 (four!) years that signed contrts exceeded the year-ago figures. Aording to the MBAA, mortgage applications in the U.S. fell last week by 3.5% due to slightly higher rates. Refinancing was down a little over 7%, but purchases were up about 1%. So originators don’t rember the last ti that they did a non-ernnt loan, destined for a portfolio. In ft, currently 90% of originations are bked by the US Governnt through Freddie, Fannie, or FHA. In recent months Tyson Alualu Jersey , the growth of FHA-insured mortgages has raised so eyebrows. The FHA now insures $560 billion of mortgages, four tis the amount that they did only 3 years ago. Many agents and brokers view FHA as repling the subpri or Alt-A loans that they processed previously. This is unfortunate for taxpayers, especially since these loans typically have low down paynts (3.5%), and the borrowers often have below-average to poor credit ratings, leading critics to point out their riskiness. And given the huge volu increase, is fraud being adequately protected against? For more information visit: .californiadirectlender. Ascent Ho Loans California Direct Lender Taylor Bean’s recent demise reminded everyone how a big ernnt originator is not too big to fail: TBW funded $17 billion in loans this year, and was a top FHA loan producer. HUD announced that starting this week the FHA will refinance troubled mortgages by reducing up to 30% of the principal under the Ho Affordable Modification Program. Critics claim that it is simply the taxpayer will end up paying the cost, especially for the high LTV refi loans. And the MBAA is bking the FHA Multifamily Loan Limit Adjustnt Act of 2009 which would increase the multifamily loan limits for elevator properties and in extrely high cost areas. “Currently, FHA’s multifamily loan limits are inhibiting the financing of affordable rental housing in a number of urban areas,” said Michael Berman Chris Clemons Jersey , MBA’s Vice Chairman. Are you being productive at your job, assuming you have one? If the answer is “yes”, join the crowd: Productivity here in the US was up over 6% during the 2nd quarter, while unit labor costs tually fell almost 6%. So if the sa amount of work is being done in less ti, and for less money, that is a good thing, right? It certainly keeps inflation down, and over the long run productivity is key to improved living standards by increasing output, employnt, ines and asset values. In other news Nic Jacobs Jersey , typically not market moving, wholesale inventories were down for the 10th month in a row, although sales were up slightly. That news wasn’t huge, but once the $37 billion 3-year Treasury auction went off well, we saw a nice improvent in rates. Today we have $23 billion of 10-yr notes to sell (tomorrow $15 billion of 30-yr bonds). It doesn’t hurt that Treasury buying by the central bank is helping to support the market. I am not smart enough to know how, if the US Governnt is both selling and buying securities, it helps rates… Later this morning we’ll also have the policy statent from the Fed’s Open Market Committee, and although overnight rates ould be steady watch for verbiage about the central bank’s strategy to withdraw the special lending and asset-purchase programs that have seen the financial system through the crisis. With this in mind the 10-yr. is at 3.66% and 30-yr mortgage prices are better by about .125 versus Tuesday. Three brothers married wives from different states. The first brother married a girl from Oregon. He told her that e was to do the dies and house cleaning. It took a couple of days, but on the third day, he ca ho to see a clean house and dies waed and put away. The second brother married a girl from Florida. He gave his wife orders that e was to do all the cleaning Jermey Parnell Jersey , dies and the cooking. The first day he didn’t see any results, but the next day he saw it was better. By the third day, he saw his house was clean, the dies were done and there was a huge dinner on the table. The third brother married a lady from California. | ||||
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| Promotion level | None | ||||
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