Wade Woytal's (wwoytal) Blog

"To augment its recently announced FHASecure program, the Department of Housing and Urban Development plans to take administrative action to implement a risked-based pricing system by Jan. 1 so the Federal Housing Administration can price its mortgage insurance premiums based on a borrower's risk...

 thought for the day... "Every situation, properly perceived, becomes an opportunity"...Helen Schucman.  This is so true now of the market we are in.  The loan orginators that have been strong will stay strong.  It may be that credit is tightening and we have to work harder but that is where oppo...

Whew, what is going on in our industry? Last week was a whirlwind but it appears now the market and pricing are stablizing a bit. The hard working mortgage consultant just goes about their business taking care of our customers and doing the right thing. The market will sort it self out. If we con...

The president of Apollo Mortgage is Wade Woytal and he has asked me to administer the blog site. I spent the weekend at Lake Michigan so I have a nautical them running through today.Needless to say, it has been a difficult task to navigate the mortgage industry waters as of late. It seems that ev...