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With speculation running wild amid the government shutdown, everyone you talk to may have a slightly different concern or view of what they think is happening and what is yet to come. Regardless of one’s view, if you’re involved with any aspect of the real estate industry, you’ll be happy to know that we are STILL closing loans! […]
As anticipated we are now seeing some of our lending entities temporarily lifting their guidelines for tax transcripts for borrowers who would be utilizing any type of Government Loan. This is great new for all of us with loans in the pipeline! So what this means to Realtors, Mortgage Loan Originators and the Buyers is this: Transcripts […]
Happy Friday!! For some of those who prefer Big Banks to smaller local mortgage origination companies, it is fair to note some of the following info below. Just a tidbit if you will on what really happens as a spin-off or a ripple affect. Now certainly banks are great for some things. For example all […]
Yes, the government is closed. It is always good to have video evidence. (Kinda funny! You have to click the link for the video). Here is the latest on how the shutdown is effecting us. Since many of the functions we use are electronic (ordering of case numbers, payment of MIP and/or Funding Fees, self-insuring of […]
A number of you have asked us the following question: “Hey – what’s the whole government shut down thing and how might it affect our clients and getting them a mortgage? The government’s fiscal year runs from October 1 to September 30. Every year – Congress has to pass the spending bills that fund the government. […]