Tony 's Blog

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Mortgage and Lending - 1st Metropolitan Mortgage

ARCHIVED BLOG POSTS

2009 

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In October the FTC issued this statement while in the process of closing 33 "credit repair" companies across the nation:   'Companies that promise they are able to scrub your credit reports of accurate, negative information for a fee are lying - plain and simple,'        The FTC also offered the ...
03/25/2009
              Effective April 4th, Gateway Funding (a direct lender for both Fannie and Freddie) will be equipped with the hardware and software  necessary to determine whether your homeowners are eligible to participate in the Obama Administration's  new Stabilization  Program.!!!         Is you...
03/25/2009
Some lenders out there might be forgetting these two important HUD Guidelines.... The compensation paid to all employees of the FHA approved mortgagee or loan correspondent must be reported on W-2 forms. Independent contractors are not acceptable originators of FHA insured mortgages. Although HU...
03/25/2009
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Tony Donato

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