Fed Hikes Mortgage Interest Rate, Projects More Increases In 2017 The Federal Reserve raised the Fed Funds Rate at its December 2016 meeting. Adjourning from a 2-day session, the nation’s…
Bankruptcy Is Not The End For most people, the idea of filing for bankruptcy can be scary. The term “going bankrupt” just sounds frightening. For those considering bankruptcy, many questions…
Skip Your Mortgage Payment Instead Of Skipping The Holidays They say there’s no place like home for the holidays. There’s also no time like the holidays to rack up major…
How to buy home with little, no money down. Homeownership in the United States has fallen to a generational low, and a big reason for this is a lack of…
In what is getting to be the most predictable housing story of the year, home prices ascended once again, this time in a 6.7 percent year-over-year increase during October, according…
Some Highlights: Many buyers who are searching for their dream homes are turning to new home construction after 10% of all new home buyers sighted a lack of inventory of…
Some Highlights: The interest rate you secure for your mortgage greatly influences your monthly housing costs. In the 1980s, 30-year fixed mortgage rates averaged in the high 12s making the…
NAPLES / FT MYERS HOUSING 2Q16: 20 Consecutive Quarters of Growth: Annual New Home Starts Up 13.7% YoY Annual New Home Starts up 13.7% YoY & 2.7% QoQ, marking 20…
In a recent post, CoreLogic looked at the correlation between stocks and the sales of upper-end properties ($1 Million+ sales price). The report revealed: “The powerful ‘wealth effects’ generated by…
CONSUMERS WISHING TO FILE A COMPLAINT AGAINST A MORTGAGE BANKER OR A LICENSED MORTGAGE BANKER RESIDENTIAL MORTGAGE LOAN ORIGINATOR SHOULD COMPLETE AND SEND A COMPLAINT FORM TO THE TEXAS DEPARTMENT OF SAVINGS AND MORTGAGE LENDING, 2601 NORTH LAMAR, SUITE 201, AUSTIN, TEXAS 78705. COMPLAINT FORMS AND INSTRUCTIONS MAY BE OBTAINED FROM THE DEPARTMENT’S WEBSITE AT WWW.SML.TEXAS.GOV. A TOLL-FREE CONSUMER HOTLINE IS AVAILABLE AT 1-877-276-5550.
THE DEPARTMENT MAINTAINS A RECOVERY FUND TO MAKE PAYMENTS OF CERTAIN ACTUAL OUT OF POCKET DAMAGES SUSTAINED BY BORROWERS CAUSED BY ACTS OF LICENSED MORTGAGE BANKER RESIDENTIAL MORTGAGE LOAN ORIGINATORS. A WRITTEN APPLICATION FOR REIMBURSEMENT FROM THE RECOVERY FUND MUST BE FILED WITH AND INVESTIGATED BY THE DEPARTMENT PRIOR TO THE PAYMENT OF A CLAIM. FOR MORE INFORMATION ABOUT THE RECOVERY FUND, PLEASE CONSULT THE DEPARTMENT’S WEBSITE AT WWW.SML.TEXAS.GOV.
