George Souto - FHA, CHFA, VA, USDA, & Fannie Mae Home Mortgage Loans, Connecticut

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Mortgage and Lending - George Souto NMLS #65149 FHA, CHFA, VA Mortgages - NMLS #65149



Appraisal Reform Is Necessary. Lenders and Realtors have been asking for Appraisal Reform since the creation of the Home Valuation Code of Conduct (HVCC) in 2009.  HVCC opened the door to major appraisal issues, and even thought it has been revised since 2009, the revisions have not addressed the...
Middletown CTLittle League Registration Middletown CT, Little League Baseball Registration is going on right now, as it is in many other Connecticut towns.  Middletown is taking a different approach to Little League Baseball Registration this year. in order to register your child you need to go ...
As the cost of oil, gas, and electricity continues to go up, homeowners are looking for ways to cut their energy costs, and make their homes more energy efficient.  In doing so there are many Energy Efficiency Upgrades, Tax Credits & Rebates that homeowners should be aware of, and how to take adv...
What A Difference Two Weeks Make.  It almost seems impossible that we were looking at the scene in the picture below just two short weeks ago.  We had over 36" of snow, and after it was shoveled the mounds of snow were over our head.  But look at what it looks like now just two short weeks later....
I read an interesting article on the United States Budget.  I am not going to go into the whole article, but I do want to comment on one particular part of it that caught my attention.  The United States, unlike other governments, and businesses does not have a separate line item for Capital Spen...
I have been reading a few blogs lately addressing the restrictions that are in the Lending Guidelines for Flipping Properties.  One thing that has been very apparent to me when reading these blog, and comments, is that there is confusion on what a "Flipper" is.  So let me quickly state that Inves...
Yesterday I wrote about the Overview & Purpose Of Consumer Financial Protection Bureau (CFPB), in which I outlined the creation of the CFPB, their primary purpose, an who they regulate.  Today I want to go into What Has The CFPB Been Up To Since It's Creation, and internal changes that have been ...
As I stated in my previous blog 8 Hours Continuing Education NMLS Class, I will be covering some basic background information on the Consumer Financial Protection Bureau (CFPB), that Cathy Parker of Mortgage Training Solutions (MTS) shared with the Loan Originators at McCue Mortgage during our 8 ...
This past Friday we had our 8 Hours Continuing Education NMLS Class which is required by the National Mortgage License System (NMLS) for all Loan Originators that work for a Non-Depository Lender, in order to renew our license each year.  We find it best to just take one day, bring in a certifie...
Recent predictions coming out of Washington indicate that it is Very Unlikely There Will Be New Programs To Assist Housing In The Near Future.  Any new Housing Program will require approval by the Congress and the Senate, and that is not likely to pass, especially in Congress. The Home Affordable...

George Souto

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