Jason's Blog!

Mortgage Help in Rhode Island and Massachusetts. Today the big news coming out of Washington DC concerning mortgages are new plans designed at targeting (and offering) homeowners who are either underwater financially with their home or out of work with some relief. On a macro level, these plans w...

I can't help everyone and sometimes this simply stinks.  I spoke to an older couple yesterday who are upside down in their home and haven't made a payment on their mortgage in 5 months. (Partly by design from their lender, very complicated and including all the details really won't add anything t...

It came across the AP today that Bank of America will be forgiving up to 30% of some of their customer's loan principal.  This is huge and depending on how it is done could translate immediately into some huge monthly savings. In a manner of speaking, this is similar to a short sale in which the ...

Helpful things I've learned about the Freddie Relief Refi. Here is a product I'd like to share with other originators. The Freddie Relief Refi. This program is super streamlined for your clients. It is possible to get one originated and closed with basically only disclosures, title work and proof...

Potential Shortage of USDA Funds for 2010.   This is a very real concern and may happen at any moment. Benchmark corporate notified its branches of this last week and encouraged everyone working on a USDA loan to get it processed and submitted to underwriting quickly. In anticipation of the USDA ...

The upcoming homebuyer tax credit deadline expiration. As we approach the April 30th deadline of both the First Time Homebuyer Tax Credit of $8,000 and the Homebuyer Tax Credit of $6,500 I'm curious to see how this will effect negotiations between buyers and sellers. I tend to think that this dea...

I think this story about the runaway Prius will run its course this week or next week with it basically being a hoax. When the story first broke, my first thought was that this was someone looking for the opportunity to perhaps grab a few dollars from Toyota. This car by design is built for econo...

Know those guidelines! I have a file schedule to close right now that should never have made it to my desk. I say this because this client had reached out to their existing mortgage company requesting some sort of payment relief and after 4-5 months of back and forth with this bank, the decision ...

Another small piece of the 80's died today. With Corey Haims passing today I cannot help but reflect on the recent losses the decade of the 80's has had over the past year. The biggest was Michael Jackson, but some of these others were sentimental fan favorites like Patrick Swayze. David Carradin...

Unsulphured. There's a word for you. Do you know what it means? Until this afternoon I didn't. I've been seeing this word on the pakaging of dried fruits and nuts and just couldn't place what it meant. I couldn't find Unsulphuredin the dictionary but I was able to find Sulphured. sul·fur also sul...