Foreign buyers are flocking to Florida condos again
Canadians, Brazilians — even some Chinese — are buying up Florida condos, sometimes in bulk. The lure: rock-bottom prices.
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Category Archives: Mortgage
Waun quoted in the Miami Herald
June 1, 2010 – 7:47 am
Meet The Money Conference
April 1, 2010 – 5:50 pm
I’m proud to be speaking at The 2010 Meet The Money Conference in LA. This is the premier hotel and resort financing conference each year, and I’m always impressed by the professionals who attend this event. It’s a worthwhile trip if you want to network with the real ‘movers and shakers’ in the business.
Here’s the […]
How are FICO Credit Scores Calculated?
April 1, 2010 – 10:35 am
This from my friend Matt Thompson at Level One Bank, well explained:”
I receive many questions regarding how credit scores are determined. The “black box” for determining your credit score has been a closely held secret that credit bureaus didn’t want to release. At a recent continuing education class provided by MSOURCE Training & Consulting, Inc., […]
Private Sector Mods are 2x Faster
April 1, 2010 – 6:47 am
from: HousingWire.com
“HOPE NOW reported twice as many homeowners received a modification from the private sector than from servicers participating under the government-led Home Affordable Modification Program (HAMP).
In February, 95,586 homeowners received a modification from the HOPE NOW alliance of mortgage servicers, investors, insurers and non-profit counselors. HAMP modifications went to 52,905 borrowers in the same […]
Banks Add Assets in Judgments
April 1, 2010 – 3:33 am
There’s a dirty little secret in the mortgage banking industry today. With every short sale, the banks are ‘realizing a loss’, but then booking an asset too.
A banker recently told me their entire staff of loan modification specialists are being cross trained as collection specialists, because someday (in the near future) they will turn their […]
