There is not a day that goes by that I read about some new or coming soon government program that will have a possible generational impact on the mortgage industry. Everyday new lending guidelines come out that will have huge implications on a consumers ability to borrow money. Some of these changes were necessary, but [...]
Full Story »I am sure you have heard about this by now, but if you have not let me share again. Effective July 1, 2010 all Mortgage Bankers and Mortgage Brokers in the State of Arizona will require their loan originators to be licensed. Now based on an exemption in the laws the big Interstate Chartered Banks do [...]
Full Story »I wanted to take a moment and welcome Matt Redding, our newest member to our Sunstreet Mortgage, LLC Mesa Team. Matt comes to us with many years of mortgage experience primarily with FHA, Conventional and private money financing. He recently left the imortgage team and we are so glad to pick up a person of his caliber. Now that [...]
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As of Thursday, February 18, I am officially a licensed Loan Originator with the state of Arizona and NMLS (Nationwide Mortgage Licensing System). Beginning July 1, 2010 all Loan Officer’s will be required to have a license to originate any loans. This is an exciting and necessary step for the mortgage industry! Here is my [...]
Full Story »I have known for years now by gauging how the financial markets are doing gives us great insight of what the mortgage business will be like for tomorrow. Portfolio Manager Chuck Wennerlund did it again by providing the inside track of what is going out in the financial markets. His Managing Director and owner of Fuller Assets [...]
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