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Contributed by Brad Finkelstein, Compliments of Broker Universe Many businesses are searching for something that will enable them to come through the current tough economic conditions successfully.There is one consultant who declares that businesses need to create a “culture of greatness” to “power through the recession.”Everyone in the company needs to work to be [...] Contributed by Brad Finkelstein, Compliments of Broker Universe The U.S. Small Business Administration has made changes to its 504 loan program that will allow those businesses with existing loans used to purchase real estate and other fixed assets to refinance. The changes are permanent and were authorized in the American Recovery and Reinvestment Act [...] IMPORTANT: Training for our new AUS portal is being done for any APPROVED and ACTIVE broker with us who NEEDS OR WANTS to know how to use it. You are STILL able to use FNMA DO directly. If you are interested in learning about our own portal it is HIGHLY suggested you find time to [...] Genworth Financial Home Equity Access, Inc., appreciates your continued partnership in this rapidly changing market –especially in areas of product availability and index shifts. We have been working very hard on new initiatives to improve your experience when partnering with us, as evidenced by our recent improvements in turn-times and consistency of customer service. As a [...] Making It Simpler – New Doc Order Form: Check out our new Doc Request/Fee Sheet. This replaces 3 forms: Doc Request, Closing Fee Sheet, and Closing Confirmation. It is for both escrow and non-escrow states. To order docs and schedule a closing, just: • Fill out the Doc Request/Fee Sheet, and • Attach to the [...] USDA has issued two new announcements regarding new requirements on Rural Housing Loans. Market Conditions Addendum to the Appraisal Report • Effective on all appraisals performed on or after July 1, 2009, Rural Development will require the appraisal report to include a completed Market Conditions Addendum to the Appraisal Report (FannieMae/Freddie Mac Form 1004MC). Guaranteed [...] Contributed by Lew Nason, Compliments of ProducersWeb.com In the 1980s, I was very active in the Boy Scouts of America with my two sons Jeremy and Will. I was an active member on the board of trustees for the Methodist Church, plus, I was moderating weekly LUTC classes, providing training in the Regional [...] Consumer confidence rose in the U.S. to the highest level since February 2008, further fueling hopes that the recession could be ending, according to the most recent Reuters/ University of Michigan Survey of Consumers. The Survey’s final index of confidence for June rose to 70.8 from 68.7 in May, beating economists’ expectations for [...] The first issue of Florida Mortgage Professional Magazine has been met with great praise and positive comments. From both the readers who enjoyed the content and advertisers who loved the exposure, we seem to be providing a content rich tool that appeals to the entire mortgage industry. In this process, we have gone from concept [...] Housing secretary Shaun Donovan confirmed HUD will move forward with RESPA reform scheduled to take effect on Jan. 1, 2010. The changes to the regulation include revised GFEs, settlement statements and cost booklets that the Department of Housing and Urban Development believes will more clearly explain home loan terms to consumers. [...] |
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