Mortgage Update

Mortgage and Lending - LX Financial LLC
Mortgage Update - Mortgage financing news and topics, and meaningful advice for real estate professionals and consumers.



I want to thank you for the privilege of working with you this year, and I look forward to more of the same in 2010. I hope you'll enjoy the festivities, family time, and all the trimmings ;)   I also hope you think about, and reach out, those less fortunate than us (including the financially cha...
Lenders are subject to extreme scrunity at the moment. Above average defaults can have drastic consequences - and no lender is immune. This has led to over the top caution and excessive documentation and underwriting requirements. Well, it is what it is, so to deal with it I have improved my serv...
Rates reach record lows, then spike! On Friday the 30-year fixed jumped to 5.5% then eased somewhat. Are we seeing the end of record low rates? Read more. /// Saturday Dec 13 Fannie Mae will implement significant underwriting changes. (See below). /// Loan modifications are in the news a lot. It'...

Paul Luykx

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