Mortgage Protection & Retirement Protection

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Mortgage and Lending - Mortgage Protection & Retirement Protection
RECENT BLOG POSTS
I just got my vanity URL for facebook.  Add me at www.facebook.com/mark.cote and if your already a member you can create your own.  I think that you have to be a member for a few months before you can create this URL but it's going to be great for small companies and people like us.  I like the f...
06/13/2009
The HVCC program came out May 1st and it is a new process for ordering appraisals.  With HVCC (Home Valuation Code of Conduct), the loan originator can no longer talk with the appraiser or order the appraisal on a conforming loan.  I understand the idea is supposed to stop the originators from in...
05/28/2009
Most people in our industry know that when we pull someones credit 1 of the 3 credit bureaus will sell that credit pull as a lead.  The request is sold as a "trigger lead" to companies that buy mortgage leads and most of the time it is done without the client's knowledge.  I know that they sell y...
03/23/2009
It has happened!!  Rates took a nice nose dive yesterday afternoon and lenders all over were slammed with rate locks and phone calls.  Rates on the conforming loans came down yesterday after the Fed announced a plan to pump cash into the economy in hopes of lower rates and loosening up credit.  3...
03/19/2009
As of April 1st, 2009 the FHA cash out refinance limit will be lowered from 95% to 85% loan to value.  The truth is that we don't have 2.5 weeks left to lock in to the 95% cash out rules because every lender can individually decide to impose the changes at any time! As of today March 16, 2009, I ...
03/16/2009
Potential home buyers are not the only people wondering how much they have to put down to buy a home these days.  I have been getting calls from realtors, and other mortgage guys wondering, what is the minimum amount down these days??  As quickly as I type this, a new change could be made, but yo...
03/09/2009
I am new to this blogging game so please excuse my simple format!  I think many potential buyers are on the fence when it comes to putting an offer on a home right now because they are not sure about this economy and if they even qualify.  I think now is the time to actually reach out and ask que...
02/10/2009
Rainer
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Mark Cote

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