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Mortgage and Lending - 1st Metropolitan Mortgage
RECENT BLOG POSTS
Brokers Open House This Thursday from 11:00am-2:00pm Join us for lunch and refreshments at 3124 Oceanic Dr. Toms River 08753     Amazing 3bed 2bath custom home situated on a double lot with great sub-division potential in a waterfront community.   Presented by Anthony & Fiona Barone with Re/Max a...
09/30/2009
     The Federal Housing Administration has no plans to implement the Home Valuation Code of Conduct, Commissioner David Stevens told a delegation from the National Association of Mortgage Brokers. NAMB's FHA chairman John Councilman, who attended the meeting, reported that Mr. Stevens said he wa...
08/26/2009
  In a press release dated today:                                                                                                                 August 5, 2009               TAYLOR BEAN MUST CEASE ALL ORIGINATION OPERATIONS EFFECTIVE IMMEDIATETLY             OCALA, FLORIDA – TAYLOR, BEAN & WHITA...
08/05/2009
With the number of home sales rising again in many markets, mortgage companies are getting more competitive in promoting home loans. They are more strict in qualifying mortgage applicants, responding to lessons learned from disastrous loans over the past couple of years. They are now using some m...
07/21/2009
Considering today's low home prices, especially with distressed properties, and still low mortgage rates, this is a very good time to invest. An increasing number of investors recognize the opportunity and are actively pursuing the purchase of properties.This trend is making it more difficult for...
07/21/2009
Property tax appeals are on the increase, and for very good reason. Property taxes drop along with property assessment values. Most counties regularly update their assessed values. However, many county assessors are behind in their efforts to keep up with the volatile market. It's estimated that ...
07/14/2009
There needs to be more clearly-defined guidelines in the appraisal of distressed properties, according to a report from the National Association of Home Builders. Using foreclosed and distressed sales as comparables with appraisals on single-family homes without adequately reflecting the differen...
07/13/2009
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The High Line is a 1.45-mile-long elevated, steel structure built in the 1930s to carry freight trains. It currently runs from Gansevoort Street, in the Meatpacking District, through the West Chelsea gallery neighborhood, ending at 34th Street, next to the Jacob Javits Convention Center. The last...
07/12/2009
Real estate organizations are putting increasing pressure on political leaders to increase the tax credit for first-time home buyers from $8,000 to $15,000, and make it applicable to all home buyers, not just first-timers. According to one study (by Weichert, Realtors), increasing the current tax...
07/10/2009
      In Southern California, where national real estate trends often start, home sales increased for the 11th consecutive month in May. Also, the number of sold $500,000-plus homes is beginning to revive, according to DataQuick, a real estate information service. The median price paid for homes ...
07/09/2009
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Tony Donato

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