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Important News: FHA Reduces Mortgage Insurance on FHA loans after January 26th, 2015!

This means that anyone with an FHA loan is paying almost 60% more for mortgage insurance than they need to.  Consumers with FHA mortgages should consider refinancing with a FREE Streamline Refinance.







 

 

 


Attention Homebuyers

 

If you are in the market to purchase a home, stop by our office at 1500 Standiford Ave., Building A for your Free Homebuyers Guide Monday-Friday 8:00 - 5:00.  This guide will give you valuable information that will help you navigate the home buying process and avoid critical mistakes. 















 

 

 


Here is the Latest Mortgage News:














Mortgage News:
 
Originations, Staffing Grow at Churchill Mortgage
4/27/2015 1:32 PM
Churchill Mortgage Corp. lifted quarterly loan production, while it also increased the size of its staff compared to the end of last year.....In the three months ended March 31, the Brentwood, Tennessee-based company closed 24 percent more loans than in the fourth-quarter 2014.....The operational data, along with other performance metri...Read More
 
Influencing Mortgage Regulation
4/27/2015 1:32 PM
Mortgage firms can do more to influence regulation, and they don"t need lobbyists or lawyers, a pair of legal experts told attendees at a mortgage servicing conference.....The comments were made at How to Win Friends and (Legally) Influence Government, the April 23 second general session at the National Mortgage News" ninth ann...Read More
 
Quicken Founder Says Gov Lawsuit Riddled With Errors
4/27/2015 1:32 PM
In a conference call Friday, Quicken Loans founder and other company executives highlighted errors in the government"s lawsuit against it.....The legal battle started on April 17, when Quicken filed a preemptive federal lawsuit in Detroit alleging that it is being unfairly pressured to settle allegations of bad lending practices on loans insu...Read More
 
Refis and Conventional Top Mortgage Activity Decline
4/27/2015 1:32 PM
Despite stronger business on a year-over-year basis, refinance activity took the hardest hit as new mortgage activity slowed this past week. Meanwhile conventional activity had the second worst week-over-week showing.....At 171, the U.S. Mortgage Market Index from LoanSifter/Optimal Blue and Mortgage Daily for the week ended...Read More
 
Impac Mortgage Originations More Than Double
4/27/2015 1:32 PM
Impac Mortgage Holdings Inc. expanded its wholesale sales staff and acquired a retail origination business -- helping it to more than double quarterly loan production.....Residential loan originations during the three months ended March 31 skyrocketed 106 percent from the final three months of last year.....The Irvine, California-based ...Read More