Hallmark Abstract Service, Best Title Insurance Company on Long Island! Cast Your Vote For Hallmark Abstract Service LLC in the Bethpage Federal Credit Union Best of Long Island! Voting is quick, easy, very much appreciated and you can vote once every day! Go to: https://lnkd.in/eJdUaeH Click on the Services icon On the left side of the […]
Residential mortgage-backed securities (RMBS) stuffed with sub-prime “liar loans’ were at ground zero of the 2008 financial crisis and, guess what… They’re Ba-ack! Not stated loans per se but in a new program from Fannie Mae called HomeReady Mortgages, 97%-plus Loan-to-Value loans become possible ‘based not on the borrowers income (which is too low) but on “non-borrowers” […]
On October 3, 2015, sweeping changes in the way that a residential mortgage loan is processed and closed will go into effect! TRID, or TILA-RESPA Integrated Disclosure, was originally due to be implemented August 1, 2015 but that was ultimately extended to October 3. The reason for the extension provided at the time was a missed […]
Federal Reserve Chairman Ben Bernanke Non-Taper September Surprise! The consensus in the financial markets leading up to the Fed announcement yesterday was that, at the very least, Federal Reserve Chairman Ben Bernanke would announce a drop in monthly bond purchases of a minimum of $10 billion from the current level of $85 billion. That didn’t […]
