Dana Bain's Blog

 http://www.bainmortgage.com/MortgageMarketWeekInReview http://www.bainmortgage.com/DailyRateLockAdvisory   Newsletter-May 9th, 2011 Provided by Dana Bain & Robin Dunbar Bain Dana BainPremiere Mortgage Services11 Malvern Hill RoadSterling, MA 01564Phone: (978) 422-2311Fax: (978) 422-2313E-Mail: d...

Premiere Mortgage Services Inc. - Dana Bain Fed Aims at Mortgage Fraud, Shoots Housing Market in the Gut. The problem with mortgage fraud wasn't broker compensation: it was the ease of the fraud and the incentives throughout the food chain for collusion. New Fed rules simply wipe out competitors ...

 http://www.bainmortgage.com/MortgageMarketWeekInReview & Daily Mortgage News Advisory  http://www.bainmortgage.com/DailyRateLockAdvisory     Newsletter-April 18th, 2011 Provided by Dana Bain  &  Robin Dunbar Bain Dana BainPremiere Mortgage Services11 Malvern Hill RoadSterling, MA 01564Phone: (97...

This is a great article that explains many of the reasons that The Loan Officer Compensation Rule is detrimental to the extremely fragile housing market.  If you wish to help please consider joining  National Association of Independent Housing Professionals provides a voice for housing profession...

     Loan Costs Increasing April 1, 2011 http://www.bainmortgage.com/MyBlog       Starting April 1, 2011, loan-level pricing adjustments are increasing. Most conforming mortgage applicants will face higher loan costs. Loan-level pricing adjustments are mandatory closing costs. They're assigned by...

 http://www.bainmortgage.com/MortgageMarketWeekInReview  Also see the following videos.  Dodd-Frank Consumer protection Act  &  Big Bank Loan Officer vs Mortgage Professional   http://www.youtube.com/watch?v=LlfSTziqeCo http://www.youtube.com/watch?v=4rif6r0vwyE&NR=1  Stop the FRB Compensation Ru...

   Case: 11-5078 Document: 1301118 Filed: 03/31/2011 Page: 1 United States Court of Appeals FOR THE DISTRICT OF COLUMBIA CIRCUIT     ____________ No. 11-5078 September Term 2010 September Term 2010 1:11-cv-00489-BAH 1:11-cv-00506-BAH Filed On: March 31, 2011 National Association of Mortgage Broke...

  Breaking News 3-30-2011 Loan Officer Compensation Ruling / The Age of Democratic Capitalism Could Be Over! http://www.bainmortgage.com/MyBlog In news that can only continue the existing market confusion, harm consumers, increase costs and create financial backlash on small business, U.S. Distri...

      How Can A Mortgage Broker Help?   When most people consider buying a home, they have a good understanding of what mortgage lenders and real estate agents are, as well as the roles they play but not many people understand the role of a mortgage broker. For starters, this professional is some...

 The following is a fantastic artice written by Randy Johnson a long time veteran of the mortgage industry. More Stupid Mortgage Rules from the Government by Randy Johnson on 02/26/2011 http://www.credit.com/blog/2011/02/more-stupid-mortgage-rules-from-the-government/ http://www.credit.com/blog/2...