Prime Processors, Inc.'s (emortgage) Blog

The mortgage blogs are a buzz about a company called MGM International Mortgage Corporation.  (www.aperfectmortgage.com) The owner goes by the name Saj Habib.  You can find posts about the activities of this company at:forum.brokeroutpost.com/loans/forum/2/188810.htmhttp://forum.brokeroutpost.com...

***POLICY ALERT - RESPA/FHA EXISTING POLICY REGARDING NON FHAAPPROVED MORTGAGE BROKER FEES IN FHA MORTGAGE TRANSACTIONS*** HUD just recently published a policy alert regarding this subject at: http://www.fha.gov/sf/lenders/notapprbr.pdf  I have been keeping track of these developments for sometim...

Find the Rate Sheets here:http://www.closingprime.com/forum/topic.asp?TOPIC_ID=59&whichpage=2 Watch the Video Highlights here:http://www.closingprime.com/videos/tue30.wmv  ConfomingProvident   5.750 (-0.250)Franklin American 5.875 (-0.281)Vertice   5.875 (-0.203)TBW   5.875 (-0.196)National City ...

Find the Rate Sheets here:http://www.closingprime.com/forum/topic.asp?TOPIC_ID=59&whichpage=2 Watch the Video Highlights here:http://www.closingprime.com/videos/mon29.wmv ConfomingProvident   5.875 (-0.625)Franklin American 5.875 (-0.093)TBW   5.875 (-0.040)National City  5.875 (-0.000)Plaza   6....

View the Rate Sheets here:http://www.closingprime.com/forum/topic.asp?TOPIC_ID=59&whichpage=2 Watch the Video Highlights here:*Warning. Todays video is rated TV MA for language and a certain hand gesture intended for a certain Bank.http://www.closingprime.com/videos/fri26.wmvConfomingProvident   ...

Rumor is that effective Jan 1st 2008 Bofa wholesale will no longer exist.  Told the new loan registrations will on be available for the next 30 days.This rumor is looking legit.  Confirmation expected later today.  Will post confirmation when received. 3,000 employees laid off today. The rumor is...

Find the Rate Sheets here:http://www.closingprime.com/forum/topic.asp?TOPIC_ID=59&whichpage=2 Watch the Video Highlights here:http://www.closingprime.com/videos/thur25.wmv ConfomingProvident   5.750 (-0.125)TBW   5.750 (-0.105)Franklin American 5.750 (-0.087)Fifth Third  5.875 (-0.460)WAMU   5.87...

Find the Rate Sheets here:http://www.closingprime.com/forum/topic.asp?TOPIC_ID=59 Watch the Video Highlights here:http://www.closingprime.com/videos/wed24.wmv  ConfomingFranklin American 5.875 (-0.406)Provident   5.875 (-0.375)TBW   5.875 (-0.346)Fifth Third  5.875 (-0.210)WAMU   6.000 (-0.125)Na...

Find the Rate Sheets here:http://www.closingprime.com/forum/topic.asp?whichpage=1&TOPIC_ID=59 Watch the Video Highlights here:http://www.closingprime.com/videos/tue23.wmv ConfomingProvident   5.875 (-0.125)Franklin American 5.875 (-0.118)TBW   5.875 (-0.033)WAMU   5.875 (-0.000)Plaza   6.000 (-0....

Find the Rate Sheets here:http://www.closingprime.com/forum/topic.asp?TOPIC_ID=59 Watch the Video Highlights here:http://www.closingprime.com/videos/mon22.wmv  ConfomingProvident   5.875 (-0.250)TBW   5.875 (-0.127)Franklin American 5.875 (-0.118)WAMU   5.875 (-0.000)Plaza   6.000 (-0.602)Fifth T...