Jake Planton's blog

By
Mortgage and Lending - www.JakePlanton.com - 209327
RECENT BLOG POSTS
Yesterday I wrote about how there is this HUGE supply of homes that are not on the market, but are awaiting banks to put them on the market, the 'shadow inventory.'  I just read this article from Diana Olick at CNBC,article here, about how much there really is.  She used an example of the DC hou...
04/20/2010
4 Comments
  The end of the first time home buyer tax credit is right around the corner.  Lenders, realtors, and clients are scrambling to get into contracts, and get the process moving.  The tax credit has created a lot new customers, but is it enough to sustain after the credit goes away?  That is a hard ...
04/19/2010
Tomorrow I will be doing a presentation on the RESPA changes at a local real estate company.  I would love to hear your feedback on it.  Thanks all!!   RESPA Changes at a Glance   The GFE Definition of Application:  6 minimum pieces of information make up a mortgage ‘application:’ Property Addres...
02/02/2010
0 Comments
There are so many factors on EVERY loan that it can be dangerous to quote.  Keep in mind that rates can change hourly on busy days, so this is just a snap shot in time.  I want to try and show you how things are moving through each day.  Here are the factors I will be quoting:   Purchase, 20% dow...
02/02/2010
There are so many factors on EVERY loan that it can be dangerous to quote.  Keep in mind that rates can change hourly on busy days, so this is just a snap shot in time.  I want to try and show you how things are moving through each day.  Here are the factors I will be quoting:   Purchase, 20% dow...
01/26/2010
I consider myself to be fiscally Conservative, and socially very Liberal.  With all of the changes coming down the line, I am blown away by the industry's response to these changes.  I also know that a lot of the industry is very Conservative.  In my mind, those two things do not match together. ...
01/20/2010
There are so many factors on EVERY loan that it can be dangerous to quote.  Keep in mind that rates can change hourly on busy days, so this is just a snap shot in time.  I want to try and show you how things are moving through each day.  Here are the factors I will be quoting:   Purchase, 20% dow...
01/19/2010
4 Comments
I have been following this story on Diana Olick's blog from CNBC.  My question to all of my realtor buds on here is if they have seen this in any short sales they have worked on?  The second lien holder asking for $$ from the transaction, but making it NOT on the HUD-1?  Anyone see this in their ...
01/19/2010
3 Comments
I just recieved this list of FAQ's on the new RESPA changes.  It is a lot of information, but I think they are doing a great job in simplifying it (as much as possible) for people.  Lots of changes coming down the line!  Be ready, knowledge is power! December 15, 2009 RESPA Webinar FAQ’s   Q: Whe...
12/22/2009
Hello all of my favorite real estate minded folks! I wanted to pass along some info on the new RESPA rules coming down the line on January 1st. It is called RESPA reform. We had HVCC, we had HERA, and now we have RESPA reform. What is it? The objective of this new reform is to help clients reduce...
12/08/2009
Rainer
32,171

Jake Planton

Ask me a question
*
*
*
*

Additional Information