We are starting to see something on government backed loans that has never happened before, credit score tiered adjustments. Watch the latest business video at <a href=”http://video.foxbusiness.com/” mce_href=”http://video.foxbusiness.com/”>FOXBusiness.com</a>
Browsing Posts published in November, 2009
It’s ironic that the government and media claimed that the Home Value Code of Conduct (HVCC) was needed because mortgage brokers put pressure on appraisers to “hit” value. In reality, lenders started requiring desk reviews and underwriters started pulling their own AVMs (Automated Valuation Model) from their desk at least 2 years prior to the [...]
Today’s National VA Mortgage Rates for 11/16/2009 *Please note that VA mortgage rates are subject to change, sometimes several times per day.* *All VA mortgage rates assume a credit score of at least 620.* *All VA mortgage rates posted are based on 30 day locks. * *Please note that the VA mortgage rates posted are [...]
So it’s not really funny but it is amazing! Not something you want to happen as first time home buyer!
Today’s National VA Mortgage Rates for 11/16/2009 *Please note that VA mortgage rates are subject to change, sometimes several times per day.* *All VA mortgage rates assume a credit score of at least 620.* *All VA mortgage rates posted are based on 30 day locks. * *Please note that the VA mortgage rates posted are [...]
