Weekly Mortgage Update

  With all the doom and gloom in the housing market today, many people feel that we are in a recession with only the worst yet to come. What people are not realizing however is that the market operates in cycles, and right now, unfortunately we are heading in a tailspin trying to save the economy...

Do you qualify for a VA Home Loan?   Besides the fact that enlisting in the U.S. military is one of the most noble acts a man can do for his country, comes a plethora of benefits that many veterans might not know about. One of those benefits is the VA home loan. This loan is insured and backed by...

Last evening, I turned on CNN around 7pm MST, and saw that Barack Obama was up almost 100 electoral votes on McCain and climbing readily. The news anchors could not outright say the election was over, so the Republican Party could save face. But it was a bloodbath in my opinion, and it was clear ...

It is no question that a big reason the housing crisis started is from unscrupulous lenders lending money to people with no capability of paying those loans back. Stated income, no doc loans, no asset loans etc, got a lot of people in trouble, and made the State of Colorado stomping grounds for e...

With the current housing crisis and record amounts of foreclosures, the state of Colorado has implemented some new laws to protect homeowners and to give them more options in keeping their homes. Up until 2008, when you were 90 days late on a mortgage in Colorado, you would more then likely have ...

Who are the participating lenders who are willing to write down these notes to 90%?????? I'm sure we all have a ton of borrowers we know who are upside down on their loans, however what does this law mean, if lenders won't write down their notes? Alot of these servicing companies are privately he...

I recently completed my 168 hour real estate educational requirement, and got my certificate of eligibility today. I will sit for the actual exam in about a month, however wanted to start interviewing with local companies to see who is a fit. I know there is a volume based list for how much reven...

Pending homes sales jump 6.3% in April. The Pending Home Sales Index (PHS), is released the first week of each month, and is designed to be a leading indicator of housing activity. It measures contract activity, not loan closings. Thw index is the highest it has been since October 2007, however s...

Pending homes sales jump 6.3% in April. The Pending Home Sales Index (PHS), is released the first week of each month, and is designed to be a leading indicator of housing activity. It measures contract activity, not loan closings. Thw index is the highest it has been since October 2007, however s...

The foreclosure epidemic continues to sweep across the United States in a rapid fashion as prices on homes are being forced downward 9.72% as a national average. Fannie Mae offices in Virginia opened a foreclosure call center today, and by 10am, they received over 270 calls. Kexington KY, Denver,...