Category Archives: mortgage

Financial Crisis 10-Year Anniversary: What Went Wrong And Can It Happen Again?

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Ah, memories! Some good, some bad and some terrifying! In this case, 10-years after the global financial markets came close to collapse, the word terrifying would seem to be a good fit! But what went wrong in 2008 and is it possible the same could happen again? To my mind, one word seems to describe the environment […]

Economic Data That Could Move Bond Yields And Mortgage Rates – Week Of July 9th And 16th

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Whether it’s what a company may earn in a given quarter, who will win the 8th at Belmont, if it will rain today or of course the economy, forecasting and prediction are inexact sciences! As discussed in this space previously, ‘Predicting The Weather, Mortgage Rates, Commodity Prices Or Most Anything Else Is Not For The Faint Of […]

Can You Buy A Home, EVEN WITH Student Loan Debt?

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A recent article at the Hallmark Abstract Service blog asked the following question…’When Applying For A Mortgage, Is Riding On A Rocket Always Your Best Option?’ The premise of this article was whether a prospective homebuyer shopping for a mortgage is best served by an online provider that basically runs the borrowers information through a […]

When Applying For A Mortgage, Is Riding On A Rocket Always Your Best Option?

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You’ve likely seen the mortgage commercials where lingo is used that some in the spot are apparently not familiar with, only to be clued in by Keegan-Michael Key!  These are funny spots no doubt, but when it comes to something as financially important for a consumer as buying a property, while at the same time […]

What Matters More When Shopping For A Mortgage Loan: Mortgage Rate Or Mortgage Broker?

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With the advent of online mortgage loans from a variety of companies taking much of the ‘human touch’ out of the process, rate and ease of use is one their major selling points! Mortgage rate during a period of Federal Reserve tightening is certainly an important piece of the puzzle, particularly if a potential homebuyer or […]

Mortgage Loan Application Defects: Where Are They Most Prevalent?

After the financial crisis that was in no small part brought on through mortgage products such as ‘liar loans*’, lending institutions have become much more conservative! Some of this conservatism was mandated through imposed federal government regulation such as Dodd-Frank while some was through the publics distaste for these types of loans. But lending institutions now […]

Equifax Redux As Additional NPI Leaks Are Discovered!

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In the midst of national weather disasters tragically now coupled with the mass murder in Las Vegas, the Equifax data breach story has been placed on the back-burner! But, is that where it belongs? Applying For A Mortgage, Some Other Type of Credit Or Maybe Something As Basic As Searching For A Job? For the tens of millions […]

Guest Article: Beware Marketing Services Agreements (MSA’s)!

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This article concerning Marketing Service Agreements, or MSA’s, was written by Warren Goldberg, President of Mortgage Wealth Advisors and is being shared with his permission. What is an MSA or Marketing Service Agreement? ‘​The residential mortgage origination industry has long used Marketing Services Agreements (MSAs) to establish the terms of certain marketing arrangements. An MSA, written […]

Getting A Mortgage: Man Versus Machine

Photo: Transpanish.biz

Two weeks ago we offered our readers the advice of a mortgage professional who opined on the importance of having a live mortgage industry partner and expert involved in the process of acquiring or refinancing a mortgage! In the article, ‘It Doesn’t Take A Rocket To Get To The Top‘,  Mortgage Wealth Advisors President Warren Goldberg strongly disagreed with the […]

Record Home Equity For Senior Homeowners And Reverse Mortgages

Two articles caught my eye this week concerning reverse mortgages and the reasons why they may be an excellent tool for seniors looking to build a cash cushion for their golden years! Unfortunately and editorially while the product is excellent for the right borrowers, reverse mortgage advertising often leaves much to be desired. This fact doesn’t really help to […]