Mortgage Update

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

ARCHIVED BLOG POSTS

2009 

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...
12/23/2009
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...
12/13/2009
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'...
12/06/2009
Rainmaker
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Paul Luykx

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