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Posts Tagged ‘Mortgage Rates’

Seven Things Your Agent Should Know About Your Mortgage Approval

While many experienced real estate agents have a general understanding of the mortgage approval process, there are a few important details that frequently get overlooked which may cause a purchase to be delayed or denied. Read More

Fed Nearly Done Buying Mortgage Backed Securities

Mortgage rates, mortgage rate, mortgage rates! What is going to happen? According to the Federal Reserve Survey, mortgage rates are 1% lower today than they would have been because the Fed has been purchasing mortgage backed securities (MBS). That all stops the end of next month. Read More

President Signs Homebuyer Tax Credit Extension

Homebuyer Tax Credit Update! Read More

First Time Home Buyer Tax Credit???????

Yes, it is still a question as to whether or not the Congress will extend the First Time Home Buyer Tax Credit. Hopefully we will know soon. Right now, we are waiting for the House to pass something and then for a conference committee to find common ground on what, if any, extension will be coming through and then for the President to sign the new legislation. Read More

Taylor, Bean and Whitaker files for Chapter 11 Bankruptcy

According to Reuters, Taylor, Bean and Whitaker (TBW) has filled for bankruptcy protection under Chapter 11 of the bankruptcy code. If you ready a a previous post of mine, you will find that the company had been shut down by HUD after irregularities in their reporting procedures and concerns of fraud. Read More

What do you do with your TBW mortgage payment?

With the demise of Taylor, Bean and Whitaker, many home owners are wondering what to do about their payment, me included. Since my mortgage was with TBW and the payment is due, I wanted to know what to do with it, since the website would no longer accept the payment and there was no way I would mail it to a defunct financial institution. Read More

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