Mortgages Made Simple with Rick Gundzik
|
| Thursday, September 18, 2008 |
| Mortgage Meltdown Seminar Recap - September 18, 2008 |
On September 13th, 2008 I was honored to be a speaker at the Mortgage Meltdown Seminar hosted by the Crenshaw Christian Center in Los Angeles.  I learned a lot about what's still happening to borrowers by unscrupulous loan officers, met a lot of great people and hopefully was able to help some people out.
This show gives a brief rundown of some items you should be aware of for yourself and your friends.
If you have any questions you would like us to answer on our show, please call our listener line at 714-519-7833 or email mortgagepodcast@gmail.com.
Labels: bad credit, equity, fed, federal reserve, fha, fico, finance, home, housing prices, interest rates, investment, loan, loans, money, mortgage, mortgage rates, mortgages, podcast, podcasting |
posted by Pac Res @ 8:27 AM   |
|
|
|
| Thursday, September 11, 2008 |
| Fannie Mae and Freddie Mac Bailed Out - September 11, 2008 |
Fannie Mae and Freddie Mac were bailed out by the U.S. Government this week. What does it mean to you? Not much on the surface, but you will see interest rates on mortgages drop. Rates already fell about 1/2% but we likely will see a little more of a drop.
The plan to bail them out involves 4 steps. 1. Buy peferred shares to increase their liquidity, 2. Provide a secured lending facility, 3. Decrease their portfolio size beginning in 2010 and 4. buy mortgage backed securities. Of these 4 dteps, the buying of mortgage backed securities will help rates and restore the confidence we need to get the housing market moving again.
This was a badly needed step, if it had happened 12 months ago alot of housing market pain might have been avoided.
If you have any questions you would like us to answer on our show, please call our listener line at 714-519-7833 or email mortgagepodcast@gmail.com.
Labels: bad credit, equity, fed, federal reserve, fha, fico, finance, home, housing prices, interest rates, investment, loan, loans, money, mortgage, mortgage rates, mortgages, podcast, podcasting |
| posted by Pac Res @ 7:00 AM |
|
|
|
| Friday, September 5, 2008 |
| How to Survive The Mortgage Meltdown |
Come join me on September 13, 2008 at the How to Survive The Mortgage Meltdown town hall meeting. It starts at 10am and will last until 2pm. I will be a panelist along with other noteworthy real estate industry professionals.
A lite lunch wll be served at 12pm.
Where: Crenshaw Christian Center
7901 S. Vermont Ave
Los Angeles, CA 90044
When: September 13, 2008, 10:00AM
RSVP by callng (323) 758-3777 x4125
Click here to see flyerLabels: mortgage meltdown |
| posted by Pac Res @ 10:25 AM |
|
|
|
| Thursday, September 4, 2008 |
| FHA Loans, The 3 best reasons - September 4, 2008 |
FHA loans have increased in popularity due to their availability and 3 main reasons. 1. Gift Funds, 2. Non occupying co-borrowers and 3. Slightly blemished credit history
FHA Loans allow the above 3 factors to be present on a loan. Now please keep in mind you can't have awful credit, but FHA guidelines allow slightly tarnished credit if you've been a good payor over the last 12 months. Listen to this week's podcast for more details.
If you have any questions you would like us to answer on our show, please call our listener line at 714-519-7833 or email mortgagepodcast@gmail.com.
Labels: bad credit, equity, fed, federal reserve, fha, fico, finance, home, housing prices, interest rates, investment, loan, loans, money, mortgage, mortgage rates, mortgages, podcast, podcasting |
| posted by Pac Res @ 6:51 AM |
|
|
|
|
|
|
 |
| About Blog |
Helping you to understand mortgages and get the best home loan possible. |
|
|
| Links |
|
|
| Templates by |
|
© Mortgages Made Simple with Rick Gundzik. Blogspot Template by Isnaini Dot Com
|
|
|
