Shawn Olson's (shawnsuper08) Blog

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Real Estate Mortgage Broker - Gateway Funding Diversified Mortgage Services

ARCHIVED BLOG POSTS

2010 

http://www.trails-end.com/estore/scouts/email_referral.jsp?id=8486829   Click on link to order popcorn to support the Boys Scouts!! Chocolate popcorn is my favorite!  Please pass this link onto others and thanks for your support!   Great for the holidays and any other occasions!   Thanks!!!!!!!!!...
Posted over 3 years ago
Wow!  This is just amazing how many homes are coming back to lenders this year.  Dont know about the rental market but my guess that could that be a issue in the future (shortage)   Something has to be done to get people back into homes and Lenders to work with homeowners to keep their homes.  We...
Posted over 3 years ago
The number of people living in poverty in America rose by nearly 4 million to 43.6 million in 2009 -the largest figure in the 51 years for which poverty estimates are available - the Census Bureau said Thursday. The bureau said that the official poverty rate was 14.3 percent, or 1 in 7 of America...
Posted over 3 years ago
0 Comments
  1.     QUIT TOO SOON? - The headline of the lead article in the business section of the USA Today newspaper on Thursday 9/02/10 was "Shell shocked investors quit the (stock) market."  In the 168 trading days prior to the article's release, the S&P 500 was down 1.80% (total return) YTD through 9...
Posted over 3 years ago
Consumer confidence is up for the month of August and the average price of homes was surprisingly up for the month of June. The price of a U.S single family home rose in the month of June and was up overall for the second quarter of 2010, according to a report released by The S&P/ Case-Shiller Ho...
Posted over 3 years ago
LOOKING TO HIRE 2 MORTGAGE BANKERS IN MINNESOTA!  WE ARE ONE OF THE LARGEST PRIVATELY HELD MORTGAGE BANKERS IN THE COUNTRY THAT STARTED IN 1994.  WE HAVE LEADS AND GREAT SUPPORT.  ARE YOU READY TO MAKE A MOVE???  EMAIL ME AT SOLSON@GATEWAY-FUNDING.COM IF YOU WANT MORE DETAILS OR HAVE QUESTIONS.  ...
Posted over 3 years ago
I think we are all hoping this will turn around in the near future for all of us in the industry!  Loosen up on that undewriting a little bit or get a program where people get into a home more easy.Loan Applications Down Nationwide The Mortgage Bankers Association released new numbers this week s...
Posted over 3 years ago
2 Comments
Seems like every time I turn around these days they are changes after changes.  New programs, guidelines changes, underwriting, investors want this and not this.  Do we want people in houses????  The American Dream is gone.  You have to jump though hoop these days to get a loan done no matter who...
Posted over 3 years ago
U.S. Housing and Urban Development Secretary Shaun Donovan today awarded an additional $12 million in funding to Minnesota communities struggling to reverse the effects of the foreclosure crisis. The grants announced Wednesday represent a third round of funding through HUD's Neighborhood Stabiliz...
Posted over 3 years ago
If you have buyers considering a purchase with FHA financing, it may be to their advantage to act sooner rather than later On September 1st, FHA officially posted the mortgagee letter describing changes to the FHA MIP program. Effective for FHA loans for which the case number is assigned on or af...
Posted over 3 years ago
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Shawn Olson

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