Robert Nusgart: A guide to picking the right mortgage officer
One question that typically pops up in discussion with friends or family is how does someone pick a good, professional mortgage loan officer?
View ArticleRobert Nusgart: Cash-out refinancing has all but vanished
In the last couple of years there has been a frenzy of home owners who have refinanced. Not just once. Maybe twice. Even three times. They’ve lowered their rates. They’ve lowered their monthly...
View ArticleRobert Nusgart: Be prepared to explain those large deposits
Pity the poor loan officers. All they want to do is make their customers happy. Make their builders happy. Make their real estate agents happy. Make the company that they work for happy.
View ArticleRobert Nusgart: Banks have no interest in interest-only loans
Once upon a time, one of the most popular mortgage products being offered by lenders was the “interest-only” loan. Its popularity was simple to see; a borrower could get into a much more expensive home...
View ArticleRobert Nusgart: Obama has work to do in mortgage industry
With the election in the rearview mirror, it’s time to start speculating on what the next four years will mean to the mortgage and housing industry.
View ArticleRobert Nusgart: FHA about to put the squeeze on borrowers
With all the political talk about reinvigorating and protecting the middle class, the government’s most venerable program for first-time homebuyers — that run by the Federal Housing Administration —...
View ArticleRobert Nusgart: Mortgage bankers forecast rise in rates
As 2013 takes shape, it’s time for a hard look at what the mortgage industry will be facing over the course of the year.
View ArticleRobert Nusgart: You are your home’s best advocate
During the last several years, the mortgage industry has undergone intense scrutiny. And with good reasons:
View ArticleRobert Nusgart: Are we facing another doomsday clock?
In his State of the Union address, President Obama again asked Congress to consider legislation that will allow more homeowners to refinance mortgages that are currently higher than the value of their...
View ArticleRobert Nusgart: Private mortgage insurance is back in a big way
There are only a few more weeks before changes in Federal Housing Administration mortgage insurance go into effect — changes that will cost millions of borrowers who need a government-insured loan to...
View Article
More Pages to Explore .....