mortgagewhistleblower.blogspot.com
The Whistle Blower: Reps Gone Wild: New Act Seeks to Eliminate FHA Approval Requirements
http://mortgagewhistleblower.blogspot.com/2008/06/reps-gone-wild-new-act-seeks-to.html
Twisted Tales of the Mortgage Industry. Tuesday, June 17, 2008. Reps Gone Wild: New Act Seeks to Eliminate FHA Approval Requirements. Temporary FHA Direct Endorsement Lender Participation Act of 2008. To view H.R. 6254. Of course, NAMB applauds the FHA Direct Endorsement Lender Participation Act which allows their members to circumvent FHA guidelines in order to originate loans and receive undisclosed yield spread premium payments from lenders without meeting FHA's approval criteria. You can view NAM...
mortgagewhistleblower.blogspot.com
The Whistle Blower: April 2008
http://mortgagewhistleblower.blogspot.com/2008_04_01_archive.html
Twisted Tales of the Mortgage Industry. Monday, April 21, 2008. FNMA Underwriting Sham 2: Subprime FHA Loans. I keep hearing how the mortgage industry has reformed itself and how underwriting guidelines have been tightened- especially at Fannie Mae. Note: the following is an actual FNMA AUS approval on a FHA loan:. Needless to say, since this is a prime example of the quality of FNMA AUS/FHA TOTAL Scorecard decisioning on FHA loans, continued trouble with delinquencies and defaults are likely on the hori...
mortgagewhistleblower.blogspot.com
The Whistle Blower: FNMA Underwriting Sham 2: Subprime FHA Loans
http://mortgagewhistleblower.blogspot.com/2008/04/fnma-underwriting-sham-2-fha-loans.html
Twisted Tales of the Mortgage Industry. Monday, April 21, 2008. FNMA Underwriting Sham 2: Subprime FHA Loans. I keep hearing how the mortgage industry has reformed itself and how underwriting guidelines have been tightened- especially at Fannie Mae. Note: the following is an actual FNMA AUS approval on a FHA loan:. Needless to say, since this is a prime example of the quality of FNMA AUS/FHA TOTAL Scorecard decisioning on FHA loans, continued trouble with delinquencies and defaults are likely on the hori...
mortgagewhistleblower.blogspot.com
The Whistle Blower: Mortgage Broker Fiduciary Duty
http://mortgagewhistleblower.blogspot.com/2008/06/mortgage-broker-fiduciary-duty.html
Twisted Tales of the Mortgage Industry. Monday, June 16, 2008. Mortgage Broker Fiduciary Duty. While some mortgage brokers are fiduciaries, other are intermediaries. Intermediaries are best defined as 'selling' access to money, and are not required to place their borrower's best interest above their own. For a link to the MBA's comments in response to HUD's proposed RESPA rule. For a link to NAMB's comment in response to HUD's proposed RESPA rule. Excerpt from MBA letter:. MBA believes that this is best ...
illusionofprosperity.blogspot.com
Illusion of Prosperity: The Crock of @#$% Report v.024
http://illusionofprosperity.blogspot.com/2015/08/the-crock-of-report-v024.html
I live in the USA and I am concerned about the future. I created this blog to share my thoughts on the economy and anything else that might catch my attention. August 2016: Unofficial Problem Bank list declines to 184 Institutions. This is an *unofficial* list of Problem Banks compiled only from public sources. Here is the unofficial problem bank list for August 2016. Changes and co. Fed’s Bullard Warns Yellen on Credibility, Sticks with Forecast “1 Hike in Next 2.5 Years”. The Age of Stupidity. Twitter ...
illusionofprosperity.blogspot.com
Illusion of Prosperity: Sarcasm Disclaimer
http://illusionofprosperity.blogspot.com/2010/06/sarcasm-disclaimer.html
I live in the USA and I am concerned about the future. I created this blog to share my thoughts on the economy and anything else that might catch my attention. August 2016: Unofficial Problem Bank list declines to 184 Institutions. This is an *unofficial* list of Problem Banks compiled only from public sources. Here is the unofficial problem bank list for August 2016. Changes and co. Fed’s Bullard Warns Yellen on Credibility, Sticks with Forecast “1 Hike in Next 2.5 Years”. The Age of Stupidity. Twitter ...
illusionofprosperity.blogspot.com
Illusion of Prosperity: Trend Line Disclaimer
http://illusionofprosperity.blogspot.com/2007/09/trend-line-disclaimer-time.html
I live in the USA and I am concerned about the future. I created this blog to share my thoughts on the economy and anything else that might catch my attention. August 2016: Unofficial Problem Bank list declines to 184 Institutions. This is an *unofficial* list of Problem Banks compiled only from public sources. Here is the unofficial problem bank list for August 2016. Changes and co. Fed’s Bullard Warns Yellen on Credibility, Sticks with Forecast “1 Hike in Next 2.5 Years”. The Age of Stupidity. Twitter ...
illusionofprosperity.blogspot.com
Illusion of Prosperity: The Fed Is Attempting to Use Green Day Playbook Again (Musical Tribute)
http://illusionofprosperity.blogspot.com/2015/08/the-fed-is-attempting-to-use-green-day.html
I live in the USA and I am concerned about the future. I created this blog to share my thoughts on the economy and anything else that might catch my attention. August 2016: Unofficial Problem Bank list declines to 184 Institutions. This is an *unofficial* list of Problem Banks compiled only from public sources. Here is the unofficial problem bank list for August 2016. Changes and co. Fed’s Bullard Warns Yellen on Credibility, Sticks with Forecast “1 Hike in Next 2.5 Years”. The Age of Stupidity. Twitter ...
illusionofprosperity.blogspot.com
Illusion of Prosperity: If I Ate Cheerios Then...
http://illusionofprosperity.blogspot.com/2015/08/if-i-ate-cheerios-then.html
I live in the USA and I am concerned about the future. I created this blog to share my thoughts on the economy and anything else that might catch my attention. August 2016: Unofficial Problem Bank list declines to 184 Institutions. This is an *unofficial* list of Problem Banks compiled only from public sources. Here is the unofficial problem bank list for August 2016. Changes and co. Fed’s Bullard Warns Yellen on Credibility, Sticks with Forecast “1 Hike in Next 2.5 Years”. The Age of Stupidity. Twitter ...