Jeff Wilmoth's Blog

Ok, so I’m having a conversation with a Loan Officer for another mortgage company yesterday and I get this idea that maybe I should help our community by providing a better understanding regarding some of the “do’s and dont's" surrounding the USDA Rural Development Loan.  During this phone conve...

I won't claim any originality here.  Just passing along what I feel to be a very important matter for our industry even though my personal business has not been directly effected, yet.  Of all the new laws and regulations, this one seems to be the most unpopular.  Simply put, this law is counterp...

After months of speculation over the health and viability of FNMA and FHLMC, the government took control of both government-sponsored enterprises Sunday. Treasury Secretary Henry Paulson stated at a press conference "There is a consensus today that these enterprises pose a systemic risk and they ...