One thing I find interesting when talking with students from around the country is the great variance in their customer's loan sizes and income levels.Relating to this, I recently came across an article with the National Association of Home Builders/Wells Fargo Housing Opportunity Index, which is near its highest level in the past twenty years
read more...
If you’ve heard through the grapevine that you can’t take a Continuing Ed course from ProSchools this year if you took your CE from ProSchools last year, I’m here to tell you it just ain’t so.
No doubt the confusion stems from the “No Repeat” rule which says: You can take your CE from
read more...
There are two words that many people use interchangeably that actually do not represent the same thing at all: mean and median. In today's blog we'll clarify the difference for you. In the mortgage industry you will sometimes see “median” home value and “mean” home value used within the same article. The median is a number t
read more...
The HARP program has allowed some homeowners who have a Fannie Mae- or Freddie Mac-serviced loan to refinance into a low, fixed-rate loan even if they owed up to 125% of the current value of their home.
Now, HARP has been extended through Dec. 31, 2013 and that previous loan-to-value cap has been lifted allowing everyone to take advantage of t
read more...