With all the tightening guidelines, there is still one bright spot in the mortgage lending world. FHA loans are expanding their offerings, with higher conforming loan limits (see these higher conforming loan limits by California county here), down payment assistance programs and other legislatio
...
04/27/2008
Looking for direct hard money lenders can be a difficult task if you have not already built the relationships this type of lending requires. It can be even more challenging to find the right fit if you are a borrower looking for a hard money loan. If you need a conventional loan, your choice of
...
04/10/2008
Today Washington Mutual accepted it's last loan from a broker. As of April 11, Washington Mutual will be shutting down their wholesale lending division, with up to an anticipated 3,000 job cuts. This after securing $7 billion in new capital and reducing their quarterly dividend to a penny.In em
...
04/10/2008