Mortgage Industry Blog

Last week was an action-packed week for economic news, and all of it was packed into Thursday: Weekly Jobless claims came in at 326,000 which was lower than the expected 330,000 new claims. This week’s claims were higher than the prior week’s 325,000 new jobless claims filed. The NAR released its...

Mortgage pre-approval is an essential part of any offer. If you cannot show that you have already researched your ability to buy a property, you are not ready to offer money for it. This is common sense. But, not all pre-approvals are created equal. Experienced agents and agents in well-run offic...

  Credit Repair Fact or Fiction?    You are the trusted real estate advisor so it’s likely that past clients will contact you when they are struggling with their mortgage payment or experiencing a short sale, foreclosure or deed-in-lieu that will show up on their credit report.  Here’s some credi...

The last week of 2013 brought relatively good news in view of the economic roller coaster rides caused by legislative impasse. A brief shutdown of federal government agencies, and nail-biting suspense over if and when the FOMC of the Federal Reserve would taper its quantitative easing program. La...

Copied from S. Jhoanna Robledo - NYMAG.com It's going to be tougher to get a mortgage after January 10. That's the deadline for lenders to fully enact provisions first outlined in the Dodd-Frank Wall Street Reform and Consumer Protection Act back in 2010, in the wake of the sub-prime mortgage cri...