RECENT BLOG POSTS
Are your listings and buyers ready? So far FHA has not renewed the Flip Waiver and starting with new case numbers pulled on or after February 1st, 2011 will be subjected to the previous flip provisions as specified in  FHA Mortgagee Letter 06-14. Per HUD requirements, the fully executed purchase ...
01/12/2011
There is a lot of buzz about FHA's Energy Efficient Mortgage Program or EEM! Prospect Mortgage is happy to announce that we do these mortgages and have been for a long time as a supporter for energy efficiency and helping buyers & home owners reduce their operating costs.   Did you know......? Th...
06/15/2010
The Home Affordable Foreclosure Alternatives Program Trying to reduce the rising number of foreclosures in the U.S., the Treasury Department introduced a new federal program that makes it easier to process a short sale for people unable to keep their homes. Home Affordable Foreclosure Alternativ...
05/05/2010
After speaking with an active duty vet currently serving over in the Iraq War I realized that there are a lot of them who are unaware of the special extension of the 1st Time Home Buyer Tax Credit & the Repeat Tax Credit. I think this is great considering their situation, I just wish there was m...
01/04/2010
ATTENTION! Mortgage insurance companies are adapting a similar rule as FHA in regards to flipping properties. This will impact the mortgage market starting 10/12/2009, not leaving us with much time. If you have Conventional buyers above 80% loan to value, please make sure the mortgage insurance h...
10/09/2009
As the month of August ends I regroup and think of what could I have done to improve my business and the communication with my clients? It then dawned on me that this was an unusual month. I was working with three buyers and no matter how much I encouraged them to work with agents that I knew was...
08/31/2009
So here I go, I was asked to help the Womens Council of Realtors to learn a bit more about social networking. At first I thought "hmmm I can do this, I'm on this thing all the time" and then it dawned on me that I still have a lot to learn. So I need your help, can you please help me shed some li...
08/14/2009
I'm struggling, I have two credit repair companies that I have been working with for a while now. I send them business, they accept the business I send by signing up the clients, take their money and then time goes buy...nothing.  I have a client that 18 months later (at $69 a month) he is told b...
08/11/2009
Did you know that the Home Buyers Scouting Report is one of the top home searching websites? It was never open to the puplic and in order to get on the system you needed to be referred to it. You can log on now to see what is out there or get the upgraded to the PREMIUM SERVICE for free that does...
05/26/2009
So do to an accident I had a period where I was not as active on ActiveRain. Now three months later I realize my basic blog needs an upgrade but where do I start? I think pictures are valuable but I see that there are links to key words and so much more. I have picked up my speed to catch up with...
05/22/2009
Rainer
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Catherine Eusea

Mortgage Lender
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