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Mortgage and Lending - Taylor Morrison Home Funding - NMLS#: 1054841
RECENT BLOG POSTS
REO Buyer's Gain More Control Over Services Anyone who has been involved in an REO purchase knows how strict the sellers contracts are. Up until now REO sellers have required buyers to use the sellers choice of escrow and title (so the sellers can negotiate a special rate for the volume). This ha...
10/16/2009
Mortgage Defaults Hit FHA Mortgage delinquencies have spread through the entire spectrum of mortgage loans. Delinquencies and defaults have even taken a toll on the Federal Housing Administration. The FHA has legally required reserves of 2% of the loans that it insures. It has now fallen short of...
10/06/2009
WHAT IT TAKES TO GET A DEAL IN THE CURRENT MARKET As the real estate market continues to change, the art of the deal changes with it. What kind of market are we in now? Buyers market? Sellers Market? Of course your thinking "it can't be a seller's market right?" Well, as usual, It's not that simp...
10/02/2009
  Through the changes that have occurred in the economy and Real Estate environment over the last few years, Short Sales and Loan Modifications have become a big issue ... and quite a struggle.  There sometimes seems to be little or no logic behind the decisions of bank officials and their guidel...
08/12/2009
Tarp Funds Bailout ... What Did It REALLY Do? The Government bailout of distressed banks via the TARP Funds (Troubled Asset Relief Fund) has been a very controversial issue since enacted. There are basically two groups of people regarding this issue: those for the TARP funds and those against. Le...
06/30/2009
What In The World Are Interest Rates Doing? In the past 3 days we have seen interest rates on the 30 year fixed go from 4.875% to 6.0%! What the heck just happened you ask? The last three days of interest rate hikes were nearly entirely due to a decrease in demand for treasure securities shown by...
05/28/2009
What In The World Are Interest Rates Doing? In the past 3 days we have seen interest rates on the 30 year fixed go from 4.875% to 6.0%! What the heck just happened you ask? The last three days of interest rate hikes were nearly entirely due to a decrease in demand for treasure securities shown by...
05/28/2009
Where Are Interest Rates Headed?   It was just a couple of months ago when the Fed was talking about subsidizing interest rates to 4 - 4.5%.  There hasn't been a mention of any such activity since.  Instead, the Fed Chairman, Ben Bernanke, announced that the Fed would be purchasing U.S. Treasurie...
03/30/2009
Obama Proposal to Reduce Mortgage Interest Deducibility     The Obama Administration has recommended, as part of its budget proposal, that the amount families earning more than $250,000 year can deduct for mortgage interest be reduced. We must ask ourselves what are the consequences of doing this...
03/10/2009
Obama's Loan Modification Plan: 7 Things You Need to Know At the heart of the President Barack Obama's ambitious plan to rescue the housing market is the conviction that restructuring distressed mortgages will keep struggling borrowers in their homes and help insert a floor beneath plummeting pro...
03/10/2009
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