JB Group Weekly Tweet Recap for 2010-08-15

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JB Group Weekly Tweet Recap for 2010-08-15

Top 5 Things You Must Know to Get Your House Sold Now (via @gfdenver) >> http://ow.ly/2nbGz # NAMB is exploring member interest in starting it's own credit union. Looking at advantages NAR CU brings it's members. # FHA Releases More Details on Program Aimed at Upside-Down Borrowers http://ow.ly/18vatY # RT @CordilleraVail: "Vail Mountain School's 39th annual Home Tour" Sunday, Sept. 19 from 9:00 am to 4:30 pm. >> http://fb.me/EZmR9oHO # [mortgage chatter] I like how the notion of bundling settlement fees was generally considered a bad idea 10 years ago, now it's everywhere. # Bankruptcy and Mortgage Stripdowns: Learning from Experience http://ow.ly/18wa5x # Loan Applications Barely Budge as Mortgage Rates Hit New Low http://ow.ly/18xwON # Administration Adds Funds to State Housing Foreclosure Prevention Programs http://ow.ly/18ysXj # Freddie Mac to Ask Treasury for Another $1.8 Billion – Freddie Mac has announced that it will be requesting an addit… http://ow.ly/18zkcP # RT @reblogworld: REBlogWorld Announces Speaker Lineup & Discount Codes >> http://reblogworld.com […]

by jberman
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JB Group Weekly Tweet Recap for 2010-08-08

Residential Construction Spending Declines in June. Federal Outlays Increase http://ow.ly/18p0jF # Can't get the bank to call you back or follow up on your refi? We're running <24 hrs. to lock for A+ customers. >> http://ow.ly/2ku73 # Pending Home Sales Hit New Low. No Improvement Expected in Near Term http://ow.ly/18pZbE # Purchase Apps on 3-Week Winning Streak. Who Wants to Call a Bottom? http://ow.ly/18qY52 # Treasury Awards Second Round of "Hardest Hit" Housing Funds – The Department of the Treasury has announced the secon… http://ow.ly/18rT7q # More changes to FHA. New bill passed Senate. Upfront MIP will be lowered to 1% but monthly MI will double! Program looks like FNMA, FHMLC. # Want to lock in a mortgage loan Saturday night at 6:00pm? We can do it! Weekend Rate Protection from The J. Berman Group. # FHA Alert: New Upfront & Annual MIPs Go Live in September – FHA Commissioner David Stevens wrote to the industry yes… http://ow.ly/18sPUw #

by jberman
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JB Group Weekly Tweet Recap for 2010-08-01

New Home Sales Rebound from Revised Record Low – The Census Bureau and the Department of Housing and Urban Developme… http://ow.ly/18iRRd # FHA Penalizes Over 1,000 Lenders for Violating Regulatory Standards http://ow.ly/18jQdR # FHA Ready to Reduce Seller Concessions. HUD Invites Industry Comment Before Implementation http://ow.ly/18kOIY # Fannie Mae Preps Investors for Reform. Book of Business Reflects Tight Credit Conditions http://ow.ly/18lN5c # USDA Rural Housing Bill Passes; Low-Income Rental Legislation Advances http://ow.ly/18mJbo #

by jberman
Posted on in General

JB Group Weekly Tweet Recap for 2010-07-25

Home Builder Confidence Expectedly Low in July – Judging from responses to the July survey of their attitudes toward… http://ow.ly/18cHzQ # New Construction of Single-Family Homes Goes Stagnate – The U.S. Census Bureau and the Department of Housing and Urb… http://ow.ly/18dEbK # Small indications that lending guidelines are easing ever so slightly. LTV max on Jumbos & Cash Out loans improving w/some of our investors. # Administration Issues Second Monthly Housing Scorecard – The second edition of the new Obama Administration Housing … http://ow.ly/18eFkC # Existing Home Inventory Climbs. Several Issues Strain Buyer Demand http://ow.ly/18fEAw # is locking No-Cost refi's at 4.5%, 30 year fixed for loans with Fico's over 720, balances over $275k. APR=Note Rate, No Costs, Period. # FYI, HUD recently released a proposal w/some key changes, including lowering Seller concessions from 6% down to 3%. #

by jberman
Posted on in General

JB Group Weekly Tweet Recap for 2010-07-18

Reality Check – Are mortgage brokers the root cause of the housing crisis? >> http://bit.ly/9cxurh # Homelessness Rife with Hidden Taxpayer Costs – While an idealist measures homelessness in terms of the cost in human… http://ow.ly/187CWs # Loan Fraud Declines as Lenders Recognize Risks – An aggressive stand against fraud by lenders is having an impact ac… http://ow.ly/188ADq # Just posted on ActiveRain: Summit County 1st & 2nd HomeBuyers Get Special Deals from Lenders http://activerain.com/t/1746339 # Foreclosure Filings on Track to Hit 3 Million Homes. Repos Expected to Reach 1 Million in 2010 http://ow.ly/189yW2 # House Authorizes 5-Year Extension of National Flood Insurance Program http://ow.ly/18au0p # A Mortgage Market Specific Summary of the Financial Reform Bill http://ow.ly/18aPLL #

by jberman
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