December 8, 2007

Subprime Explanation

My friend Shailesh found this funny video “A British Explanation for the Subprime Mess.” I found it to be “quite amusing!” 🙂 I hope you will too!
September 18, 2007

Free & Clear or Week to Week?

The real estate and mortgage businesses have been on a heck of a ride the past few years. Hopefully, many lessons have been learned during this time. I have heard and read a lot this past week about the coming changes in the FHA guidelines. My friend, Ricky Khamis, tells me that we can expect to see a lot more of the FHA loans in the very near future. (more […]
January 20, 2007

Nothing to Lose?

No down payment? “No problem” say many mortgage companies. In fact, a recent survey showed that over 35% of loans are “No Down” loans. In the past, a VA loan was one of the few ways people could buy a home for no down payment. It also wasn’t long ago when most people assumed that a twenty percent down payment was necessary to purchase a home. That is certainly not […]