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Mario Yeaman | Updates and Insights on the Lending World

Updates and Insights on the Lending World

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Mario Yeaman | Updates and Insights on the Lending World | marioyeaman.wordpress.com Reviews

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Updates and Insights on the Lending World

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1

4 reasons to Refinance your home FHA 203K | Mario Yeaman

https://marioyeaman.wordpress.com/2012/05/18/4-reasons-to-refinance-your-home-fha-203k

4 reasons to Refinance your home FHA 203K. On May 18, 2012 · Leave a Comment. And it’s from FHA. With this mortgage loan option. You can finance all kinds of repairs, renovations and improvements right into the life of the home mortgage. This means you’re paying one monthly payment and one interest rate – which happens to be tax deductible. Let’s take a look at 4 reasons you’d consider refinancing your home into a 203k. Equity is a rarity. The 203k. The home improvements have added value! Your roof needs...

2

Everyone Is Refinancing! 31% SHORTEN THE LOAN TERM | Mario Yeaman

https://marioyeaman.wordpress.com/2012/05/15/everyone-is-refinancing-31-shorten-the-loan-term

31% SHORTEN THE LOAN TERM. On May 15, 2012 · Leave a Comment. According to Freddie Mac’s Quarterly Product Transition Report released this week, in the first quarter of 2012, fixed-rate loans accounted for more than 95 percent of refinance loans. Refinancing borrowers clearly preferred fixed-rate loans, regardless of whether their original loan was an adjustable-rate mortgage (ARM) or a fixed-rate. Freddie Mac’s chief economist Frank Nothaft tells. Sixty-eight percent of borrowers who had a hybrid ARM ch...

3

Needy States Use Housing Aid Cash to Plug Budgets | Mario Yeaman

https://marioyeaman.wordpress.com/2012/05/16/needy-states-use-housing-aid-cash-to-plug-budgets

Needy States Use Housing Aid Cash to Plug Budgets. On May 16, 2012 · Leave a Comment. Hundreds of millions of dollars meant to provide a little relief to the nation’s struggling homeowners is being diverted to plug state budget gaps. In a budget proposed this week, California joined more than a dozen states that want to help close gaping shortfalls using money paid by the nation’s biggest banks and earmarked for foreclosure. As part of the settlement, the banks agreed to pay the states $2.5 billion, ...

4

Does the Industry, and the Borrower, Need A RP 3.0? | Mario Yeaman

https://marioyeaman.wordpress.com/2012/05/09/does-the-industry-and-the-borrower-need-a-rp-3-0

Does the Industry, and the Borrower, Need A RP 3.0? On May 9, 2012 · Leave a Comment. Posted by Rob Chrisman. HARPHARP 2.0HARP 6.0 will the industry have trouble keeping track of which borrower refinanced under which HARP? The Home Affordable Refinance Program certainly has its proponents, and its critics, along with a fair number of LOs/lenders who are on the fence about it, warily watching what happens. What makes us think that this will be the last HARP? A key part of the discussion focused on examini...

5

Mortgage Legislation | Mario Yeaman

https://marioyeaman.wordpress.com/mortgage-legislation-and-news

President Obama’s Plan to Help Responsible Homeowners and Heal the Housing Market. California Homeowner Bill of Rights Factsheet. IRS Warns of New Tax Scam. Mortgage Servicing Settlement Factsheet. What the Government is Doing in Response to the Real Estate Crises. Leave a Reply Cancel reply. Enter your comment here. Fill in your details below or click an icon to log in:. Address never made public). You are commenting using your WordPress.com account. ( Log Out. Notify me of new comments via email. Follo...

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