Fred Kreger, Branch Manager of American Family Funding talks with Fred Arnold on the differences and benefits of being a member of a Credit Union vs a bank. Credit Unions are not for profit financial institutions offering many of the same products and services as big banks.

Obama Administration Pushes for New Refinance Expansions

By: Ryan Schuette 

mortgage rates continue to remain at record lows and buyers seem to be responding to it.  The mortgage Bankers Association reported this week a nice increase of 3.4% in purchase activity.  Refinances increased a smaller 1.3%.

Sentiment in many real estate markets around the country is that the combination of low home prices with incredibly...

NAMB Call to Action:

CFPB Proposals Will Impact You…

LO Comp? Flat Fees? Point Banks?

By now, I am sure you have already heard the news regarding the CFPB’s latest proposals, especially regarding flat fee compensation instead of origination fees tied to a loan amont. (Read the NY Times article here)...

May 9, 2012

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 CONSUMER FINANCIAL PROTECTION BUREAU CONSIDERS RULES TO SIMPLIFY mortgage POINTS AND FEES

Rules Would Bring Greater Transparency to the mortgage Market

 WASHINGTON, D.C. — Today, the Consumer Financial Protection Bureau (CFPB) outlined rules it is considering that would...

Fred Kreger and Fred Arnold, Branch Managers of American Family Funding discusses the new and improved changes in the mortgage industry. The importance of looking for a qualified, certified Mortgage professional. For question or further information go to the National Association of Mortgage Brokers at www.NAMB.org or www.TheCampsite.org.

Authors:...

My mother has always told me to be patient when it comes to making financial decisions but, when the time is right, I should invest aggressively. Two decades in my real estate financing and investing career have proven her advice to be sound time and again. I have to say that as far as the eye can see, right now is the right time to invest in real...

By: Ryan Schuette 

Michael Phelps Swimming Workout Training Routine Eating 12000 …

25 year old Michael Phelps became one of the most decorated Olympic athletes of all time after winning 16 Olympic medals- six gold and two bronze at Athens in 2004, and eight gold in Beijing in 2008. Phelps surpassed Mark Spitz’s record of most gold medals won at a single O...

HARP…HARP 2.0…HARP 6.0… will the industry have trouble keeping track of which borrower refinanced under which HARP? The Home Affordable Refinance Program certainly has its proponents, and its critics, along with a fair number of LOs/lenders who are on the fence about it, waril...