by jessicajones | Jul 7, 2021 | 411, Uncategorized
The director of the FHFA, Mark Calabria, who was appointed by President Donald J. Trump was fired by Joe Biden Wednesday June 23rd after the Supreme Court Ruled that Congress made the FHFA too insulated from the White House because the president couldn’t easily remove...
by jessicajones | Jun 18, 2021 | 411
June 16th was a crazy day for mortgage rates! The Fed finally Acknowledging inflation after being very transitory and admitting we are going to see inflation around 3.4% towards the end of the year. The feds also mentioned the increased possibility of 2 rates hikes...
by jessicajones | Jun 9, 2021 | 411, Uncategorized
Great News! We JUST got approvals for 4 borrowers that had debt to income issues that were too high in 2020 and I think we are about to get 2 more. Here is the deal… Fannie Mae Announces RefiNow – Expands Eligibility to Help More Homeowners Reduce Their Monthly...
by jessicajones | May 27, 2021 | 411
The mortgage business while extremely busy right now is full of challenges. Take on those, open a mortgage brokerage with a reverse mortgage division, and write a book and you have my start to 2021 dialed in! I am very proud to announce I wrote a book Home...
by jessicajones | May 27, 2021 | 411
Between an aging appraiser society, Shelter in Place, and low interest rates appraisals can arguably be the biggest challenge today when buying or refinancing a home. We are seeing extremely long turn times, rising costs and with the bidding wards going on, they are...
by jessicajones | Mar 26, 2021 | 411
Finally!!! Jumbo Purchase Loans, Easy Underwrite! I am FIRED UP! 2 conditions not 2 pages of conditions! A Few approvals in now and this program is amazing! 2 or 3 conditions instead of 2 or 3 pages! Realtor’s and Homebuyers…. You may want to rethink that strategy of...
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