Dear Nina, Please pardon this delayed response but accept our thanks and appreciation for your hard work. Thank you for helping us turn a dream into a reality! We sincerely appreciate your kindness and positive support through the loan process. You really make it much less of a headache than we imagined. In fact, you…
Dear Sis. Barbara, Bro. Mark, Sis. Emily & Bro. Vince, It was a great pleasure getting to know all of you and working with you in putting every effort into finding us a a roof over our heads, which we can eventually call our home. We are thankful to God that we found the right…
Hello Mark, I went to closing today on my FHA Streamline refinance. Joe Rogers was my loan officer and he handled my case with outstanding integrity and was very courteous at all times. As one who has had experience working with loan officers in the past, both as a private citizen and as a Realtor,…
Dear Elizabeth, Well, better late than never I figured, so here comes the card I should have sent a month ago. So, I really want to say thank THANK YOU for all your assistance and perseverance with my mortgage. I know it was frustrating at times so I especially appreciate you always staying so sweet and optimistic.…
Dear Joe, You did not give up and you made my dream a reality. Thank you for your persistence and getting the closure of the house accomplished. I’m grateful for everything you did! Sincerely, Cherie
U.S. home-loan bonds without government backing tumbled last month to leave several types of the debt trading at their lowest prices of the year. Declines reached almost 22 percent in June among certain subprime-mortgage securities, according to a June 28 report by Bank of America Corp. While returns remain positive this year among subprime-backed bonds,…
If you are a Veteran and currently have a VA mortgage loan, you may be eligible for a VA “Streamline” Refinance or as the VA calls it, an IRRRL which stands for Interest Rate Reduction Refinancing Loan.
A reverse mortgage enables the borrower to own a home without making a monthly mortgage payment and without negatively impacting the continued appreciation of the home. There is never a risk of ever losing the home.
Announced in March 2009, the Home Affordable Refinance Program (HARP) is a federal government program designed to help 5 million underwater or near-underwater homeowners refinance into a fixed loan with a lower monthly payment. However, as of Aug. 31, only 894,000 borrowers have refinanced through HARP. On Oct. 24, 2011, President Obama announced an overhaul…
Mortgage experts recently met with White House officials to discuss housing and mortgage issues, resurfacing the possible idea of establishing HARP 3.0. The push for more HARP would allow private-label loans to be refinanced through the GSEs, Compass Point said. Mortgage experts recently met with White House officials to discuss housing and mortgage issues, resurfacing…
Jon Hilsenrath explains how Wall Street is watching the Federal Reserve with wary eyes as it feels the Fed has overestimated economic growth which could result in the tapering of its bond-buying program.
Mark Livingstone, President and Owner of Cornerstone First Financial, makes an appearance on the John Fredericks Show to discuss the state of the mortgage market and take listener calls.