Steve Capili's (scapili) Blog

As we continue to see the meltdown of the mortgage industry we will also experience the removal of some of the riskier loan programs. We are currently watching the removal of all "Stated Income Loans". This will continue to harm the real estate sales market by eliminating a whole category of borr...

Once people know that I am a Loan Officer the very next thing out of their mouth is "What's going on with Interest Rates ". This is a hot topic that has no easy answer but demands some sort of answer and here is mine.  We are witnessing a meltdown in the mortgage industry like we have never seen ...