Loan Think

We're hearing at the height of the mortgage crisis Navy Federal Credit Union found the delinquency rate on one of its special mortgage products remained below the industry’s overall delinquency rate on prime credit quality loans.

This is not to say there are never circumstances where a lender might be wise to consider exempt status. However, it is hardly a no-brain decision.

We're hearing that some servicers don’t believe they can modify a VA loan.

The Veterans Administration is the only government agency that has not made huge underwriting rule changes for several years now.

In the preliminary stages, lenders may not yet know what they need, much less want.

Mortgage Investors Corp., St. Petersburg, Fla, received the largest fine in Federal Trade Commission history for Do Not Call list violations.

We're hearing from New York where the attorney general recently filed a law suit against HSBC alleging things which, if true, could help explain why judicial foreclosures take so long.

Although the news is full of stories about increased home sales and huge demand, with all this activity appraisals remain a problem for everyone involved.

We're hearing from a lot of clients who are concerned about the changing market conditions.

This is what he sends out when he has a referral, has tried to reach them a few times but hasn't heard back.