The transaction includes about 123 loans and is expected to close by August
Refi activity also rose to 46.6% of total mortgage applications from 45.4%
The affinity between Financial Planners and Lenders
After so much partisanship and election bickering, it’s good to see our leaders reaching across the aisle and embrace cooperation in the face of a crisis. Both Barack Obama and Chris Christie came together in New Jersey to survey the wreckage and discuss how to rebuild. Whether or not you see any cynicism behind the cooperation, it’s good to see our leaders finally put down the sabers – if only for a moment.
Purchasing a house is one thing, successfully closing escrow on a purchase loan is something else entirely. How is the contract being drawn up?
Two federal agencies have agreed to form a partnership to develop and maintain a National Mortgage Database, the first of its kind in the history of government oversight of mortgage lending operations.