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Mortgage and Lending - D A Griffin Financial.LLC - NMLS 6380
EXPENSIVE HOMES ARE SELLING! According to a USA Today article this week expensive homes are selling. The article  headline is actually "Existing home sales up 4.9%". One can come to a different conclusion, but this article makes clear to me that the term income inequality it is evident in these n...
FHA/HUD CAN ONLY BLAME THEMSELVES   I read today that FHA loans are down 53% from last year in the first quarter. HUD (FHA) like other loan guarantors was hit hard with foreclosures over the last few years. Their remedy to bring money into the coffers has been to increase the monthly MI rate from...
AFFILIATED BUSINESS ARRANGEMENTS AND THE CFPB       The cfpb is taking issue with another real estate company's affiliated business arrangement with a title company.  I've done a few blogs about one stop shopping. The cfpb is paying attention now to whether home buyers are being fully advised as ...
WHY DON'T HOME BUYERS LISTEN TO THEIR REAL ESTATE AGENT?   I spoke with an agent this afternoon who said she could not get her home buyer to consider options other than the lender they always use. This happens to be a lender who advertises low closing costs. My comment was "ask them if they like ...
MORTGAGE LOAN SHOPPING GLITZ AND GLAMOUR When shopping for a  home mortgage loan how easy is it to fall for glitz and glamour?  I've been in my industry for quite some time now and I have seen companies come and go. More particularly I've seen loan officers who went beyond the bus stop benches to...
SHOP TILL YOU DROP FOR A HOME MORTGAGE LOAN     We're all are familiar with the term "shop till you drop". When you are looking for personal items that can be a fun adventure. When you are shopping for a  home mortgage loan, however, shop till you drop can be a bad idea. Everyone wants to do a th...
HARP REFINANCE IS STILL A GREAT OPTION FOR MANY! HARP ... HOME AFFORDABLE REFINANCE PROGRAM  is still a great option for many Kentucky home owners who have not refinanced yet. While many of us in the industry hear the constant drumming that refinances are WAY down from last year and will be WAY d...
USDA/RURAL HOUSING AREA EXTENSION WELCOME NEWS FOR  NORTHERN KY   In Northern Kentucky we have a few areas that are located in close proximity to major shopping malls in Northern Kentucky and downtown Cincinnati. A large portion of some areas such as Independence and Burlington were set to fall o...
WANT TO BE A HOME OWNER, THEN ACT LIKE ONE   If you want to be a home owner, then act like one... that can mean many things because being a home owner is multi faceted, it can be complicated for some, easier for others.   Because there are loan programs for very low credit scores, or for someone ...
MORE REGULATION MEANS HIGHER COSTS TO ALL CONSUMERS PART THREE In another installment of how more regulation means higher costs to ALL consumers, today I am focusing on LPMI or "lender paid mortgage insurance". A by product of the qualified mortgage, LPMI is mortgage insurance that is priced into...

Dora Griffin

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