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Real Estate mortgage Blog

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

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Real Estate Morgage Blog - Fred Kreger Blog
Written by Fred Kreger   
Wednesday, 09 May 2012 18:59

May 9, 2012

CONTACT:

Office of Public Affairs

Tel:      (202) 435-7170

 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...

Read more... [CONSUMER FINANCIAL PROTECTION BUREAU CONSIDERS RULES TO SIMPLIFY MORTGAGE POINTS AND FEES]
 

Real Estate Season Heats Up Just In Time For Summer: What’s Driving the Hot Market?

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Real Estate Morgage Blog - Fred Kreger Blog
Written by Fred Kreger   
Wednesday, 09 May 2012 11:00

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...

Read more... [Real Estate Season Heats Up Just In Time For Summer: What’s Driving the Hot Market?]
 

HUD Secretary Donovan: Servicer Competition Prevents More Refinancing

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Real Estate Morgage Blog - Fred Kreger Blog
Written by Fred Kreger   
Wednesday, 09 May 2012 08:30

By: Ryan Schuette 

Solvency issues re-emerged for the Federal Housing Administration in a hearing convened Tuesday by the Senate Banking Committee, with HUD Secretary Shaun Donovan calling for lower loan-to-value thresholds and more servicer competition to expand refinance opportunities.

The hearing follows a bill by Sens. Barbara Boxer (D-California...

Read more... [HUD Secretary Donovan: Servicer Competition Prevents More Refinancing]
 

Are you training and passionate about what you to on a daily basis?

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Real Estate Morgage Blog - Fred Kreger Blog
Written by Fred Kreger   
Tuesday, 08 May 2012 13:33

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...

Read more... [Are you training and passionate about what you to on a daily basis?]
 

Does the Industry, and the Borrower, Need A HARP 3.0?

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Real Estate Morgage Blog - Fred Kreger Blog
Written by Fred Kreger   
Tuesday, 08 May 2012 07:34
Does the Industry, and the Borrower, Need A RP 3.0?

Posted by Rob Chrisman

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...

Read more... [Does the Industry, and the Borrower, Need A HARP 3.0?]
 

GOP Lawmakers Slam CFPB for Withholding Budget Plans

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Real Estate Morgage Blog - Fred Kreger Blog
Written by Fred Kreger   
Tuesday, 08 May 2012 07:23

By: Ryan Schuette 

House Republicans recently criticized the Consumer Financial Protection Bureau (CFPB) in a letter replete with demands that it release financial plans for the next year.

In a letter obtained by MReport, Reps. Michael Fitzpatrick (D-Pennsylvania), Randy Neugebauer (R-Texas), and James Renacci (R-Ohio) slammed the agency by calling...

Read more... [GOP Lawmakers Slam CFPB for Withholding Budget Plans]
 

Fred Arnold’s Real Estate and Market Report, May 4, 2012

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Real Estate Morgage Blog - Fred Arnold Blog
Written by Fred Arnold   
Friday, 04 May 2012 13:08

There has been a lot of trepidation this week awaiting the latest jobless report.  This morning the government announced that the national unemployment rate dropped to 8.1%.  However before you begin to believe that the employment sector is improving, you need to understand the real numbers. The reason the unemployment figure dropped is because m...

Read more... [Fred Arnold’s Real Estate and Market Report, May 4, 2012]
 

Weekend Mortgage Commentary – May 4, 2012

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Real Estate Morgage Blog - Fred Kreger Blog
Written by Fred Kreger   
Friday, 04 May 2012 10:18

There has been a lot of trepidation this week awaiting the latest jobless report.  On Friday morning the government announced that the national unemployment rate dropped to 8.1%.  However before you begin to believe that the employment sector is improving, you need to understand the real numbers.

The reason the unemployment figure dropped is...

Read more... [Weekend Mortgage Commentary – May 4, 2012]
 

Mortgage Rates Zip Past All-Time Lows, Setting New Records

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Real Estate Morgage Blog - Rhona Jukes Blog
Written by Rhona Jukes   
Friday, 04 May 2012 07:26

By: Ryan Schuette

Concerns about the economy, European debt, and Chinese growth led mortgage rates to fall for the fourth straight week and hit all-time lows.

Finance Web site Bankrate.com found the 30-year fixed-rate mortgage averaging 4.05 percent, down from 4.09 percent last week.

Bankrate.com also said that the 15-year loan set a new record low...

Read more... [Mortgage Rates Zip Past All-Time Lows, Setting New Records]
 
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