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Amortize This

There was an error in this gadget. Tuesday, September 9, 2014. Mortgage Lenders, Do the Right Thing. 8220; Integrity is doing the right thing, even when no one is watching. 8221; – C.S. Lewis. The mortgage industry brought trouble upon itself when too many people in the industry weren't doing the right thing, and no one was watching. Now everyone is watching, the CFPB, OCC, and each of the states’ regulators. This adds costs which are ultimately charged to consumers. In our business, we will. Today we ar...

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There was an error in this gadget. Tuesday, September 9, 2014. Mortgage Lenders, Do the Right Thing. 8220; Integrity is doing the right thing, even when no one is watching. 8221; – C.S. Lewis. The mortgage industry brought trouble upon itself when too many people in the industry weren't doing the right thing, and no one was watching. Now everyone is watching, the CFPB, OCC, and each of the states’ regulators. This adds costs which are ultimately charged to consumers. In our business, we will. Today we ar...

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Amortize This | amortizethis.net Reviews

https://amortizethis.net

There was an error in this gadget. Tuesday, September 9, 2014. Mortgage Lenders, Do the Right Thing. 8220; Integrity is doing the right thing, even when no one is watching. 8221; – C.S. Lewis. The mortgage industry brought trouble upon itself when too many people in the industry weren't doing the right thing, and no one was watching. Now everyone is watching, the CFPB, OCC, and each of the states’ regulators. This adds costs which are ultimately charged to consumers. In our business, we will. Today we ar...

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amortizethis.net

1

Amortize This: January 2012

http://www.amortizethis.net/2012_01_01_archive.html

There was an error in this gadget. Tuesday, January 10, 2012. Mortgage Insurance Tax Deduction Out. In the process of haggling over a 2 month extension of the payroll tax reduction (which is increasing mortgage rates, see my Dec 30, 2011 posting), Congress failed to extend a number of existing tax deductions. One of those deductions that is no longer in effect is the deduction for mortgage insurance. Chris Mozilo, CMB. Subscribe to: Posts (Atom). Chris Mozilo, CMB. View my complete profile. Homeowners Fi...

2

Amortize This: December 2013

http://www.amortizethis.net/2013_12_01_archive.html

There was an error in this gadget. Monday, December 23, 2013. Gifting a Down Payment. On the first day of Christmas my true love gave to me …. a down payment for a new home. As a lender we commonly see transactions where the home buyer is receiving a gift from a relative for the down payment. Since it is the gifting season, we thought we should highlight some of the rules associated with gifting a down payment. A letter signed by the donor, called a gift letter, must include the following information:.

3

Amortize This: December 2011

http://www.amortizethis.net/2011_12_01_archive.html

There was an error in this gadget. Friday, December 30, 2011. Payroll Tax Cut Paid for with Higher Mortgage Rates. What this means for those looking to finance the purchase of a home, or refinancing, is that they will pay about 0.1% higher in interest rate than they otherwise would have. Lenders' rates will be impacted a couple months in advance of the April 1 start date. Chris Mozilo, CMB. Friday, December 2, 2011. Too Difficult to do Mortgages in Massachusetts. Politicians in Massachusetts and other st...

4

Amortize This: Condos are Movin' on Up

http://www.amortizethis.net/2014/07/condos-are-movin-on-up.html

There was an error in this gadget. Saturday, July 26, 2014. Condos are Movin' on Up. Condos are “Movin’ on Up”. One of the more dynamic segments of the housing markets is the condo market. As the overall real estate market recovered from the recession, condos have come back strong. Many “broken” projects that were victims of poor timing in 2007-2008 have new life and strong sales. Luxury condo projects in highly desirable locations are in demand. No single entity may own more than 10% of the units. Chris...

5

Amortize This: Bad News in Portugal is Good News on Main Street U.S.A.

http://www.amortizethis.net/2014/07/bad-news-in-portugal-is-good-news-on.html

There was an error in this gadget. Saturday, July 26, 2014. Bad News in Portugal is Good News on Main Street U.S.A. First their national soccer team and superstar Cristiano Ronaldo failed to advance past the group stage of the World Cup. Now concerns over the solvency of the major Portuguese bank, Banco Espirito Santo, is creating waves through the global financial system. Stock markets are moving downward on the uneasiness. That leads to lower mortgage interest rates for American homebuyers. Homeowners ...

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Amortize This

There was an error in this gadget. Tuesday, September 9, 2014. Mortgage Lenders, Do the Right Thing. 8220; Integrity is doing the right thing, even when no one is watching. 8221; – C.S. Lewis. The mortgage industry brought trouble upon itself when too many people in the industry weren't doing the right thing, and no one was watching. Now everyone is watching, the CFPB, OCC, and each of the states’ regulators. This adds costs which are ultimately charged to consumers. In our business, we will. Today we ar...

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