Professor X's (jplummer7) Blog

Stated Income Loans Gets Originator Indicted - That was the eye catching title of a December 20th 2006 article by a staff writer at the Originator Times.  Was I shocked, or I was appalled, and sick to my stomach... and just a little bit curious.  While the few kindred spirits of Active Rain who k...

Check out the latest edition of the Home Lending Industry Insight, a weekly mortgage market newsletter for the educated homeowner, brought to you by Joshua W. Plummer.Stay up to date with the most recent mortgage interest rate and economic news.  View highlights from the Mortgage Bankers Associat...

Who doesn't hate private mortgage insurance?  For years lenders have charged PMI fees to borrowers who couldn't afford to put 20% down when purchasing their home, and why not?  Private Mortgage Insurance or PMI makes complete sense from a lenders perspective.  When they agree to lend money to bor...

Well it's that time of year again and if you grew up in the Motor City, then you should already know what I'm talking about.  Saturday marked the public opening of the 2007 North American International Auto Show at Cobo Hall in downtown Detroit, Michigan. The auto show is the premier annual event...

Stay up to date with the most recent mortgage and economic news!Check out the latest edition of the Home Lending Industry Insight, a weekly mortgage market newsletter for the educated homeowner, real estate professionals, and anyone in the Real Estate Industry, brought to you by Joshua W. Plummer...

Martin Luther King, Jr., an African-American clergyman, is considered a great American because of his tireless efforts to win civil rights for all people through nonviolent means. Since his assassination in 1968, memorial services have marked his birthday on January 15. In 1986, that day was repl...

This weeks question for Just Ask Josh comes to us from Maureen Francis, Birmingham Michigan's leading Realtor and author of the mioaklandcounty blog.  We've been hanging onto this question for a while, waiting for a good week to post it. "Our mortgage bank just sent a letter that they will give u...