Search results

Amen, lendingmaestro. awgee, if you can afford to buy a house in CA with cash on the barrel head, more power to ya. xsocal land merchant, no prepay penalty on most short-to-intermediate term ARMs. The practical reality is that many mortgage purchasers make an emotional decision...

Peace of Mind with an Adjustable Rate Mortgage? http://www.mtgprofessor.com/A%20-%20ARMs/can_you_have_peace_of_mind_with_an_arm.htm

awgee, I'm a proponent of "buy short, pay long." By that I mean, buy a home with a short to intermediate term ARM. Pay the monthly mortgage payment AS IF it was its more expensive cousin, a 30 year FRM. Apply the differential to principal so that, at each interest rate change date, the...

giltee, you can still get 5.25 at par for 3/1 ARM at Wells Fargo.

giltee, several lenders have already indicated they will accept loan applications at the new conforming/lite jumbo loan limits. This is based on their anticipation that the Agencies will act quickly to price/purchase them. You can expect rates on short to intermediate term ARMs (1-, 3-, 5-...

FHA Releases New Mortgage Limits for California Counties FHA Max Limits Include 14 CA Counties * FHA Press Release * WASHINGTON - Tens of thousands of California families could be eligible this year to purchase or refinance their homes using affordable, government-backed...

OK, thanks.

Is this board censored?

It's so sad to see Thornburg Mortgage--whose entire portfolio is nothing but cream of the crop borrowers--suffer collateral damage. They did everything right--including margins as low as 1.00 on their ARM products--and now this. *sniff!*

Well, OF COURSE someone in the business--that includes me--is going to "lock up a pipeline" as quickly as possible. And anyone with any experience during crunch times knows that the rules are "first in/first out." I have at least two dozen past clients who would love to obtain a half point...

Actually, I like "Super Duper Conforming" better. It has a nice ring to it. :-)

Souce: Discussion board at Loan Tool Box (a mortgage industry subscription site) UPDATES ON THE ECONOMIC STIMULUS PACKAGE AS OF FRIDAY, FEBRUARY 29, 2008 FACTS Belinda Austin of San Diego CAMB, attended a panel discussion put on by the California Assoc. of Mortgage Brokers on the...

How does the landlord not making his payment preclude the tenant from paying his rent? By what logic is the tenant no longer required to pay rent (which is what WINEX said)?

I'm not even going to read this thread, it's so scary. I think I'll head on over to a wilderness survival discussion board. :-)

Your brother will take an extreme hit to his FICO score if he short sells the property. Also, he will be precluded from qualifying for another institutional mortgage for a minimum of two years.

Hahaha, lawyerliz.

Girl in the OC, well, I certainly hope you're enjoying yourself at my expense! < teasing > I went to the store again and mentioned the lighting. A worker confirmed what no_vaseline said: the lighting is eco-friendly. Each time I shopped there--about six times now--there has been only...

I don't know how to edit the post to make the scrolling parts be the graphs they're meant to be. I'll just remove the post (if I can) for now.

graphrix, I can't link the article because it requires a username/password to access the site. I can send the article to your private email.

[will repost later]