Unintended Consequences March 6, 2012 By John Mauldin “Illusions commend themselves to us because they save us pain and allow us to enjoy pleasure instead. We must therefore accept it without complaint when they sometimes collide with a bit of reality against which they are dashed to pieces.” - Sigmund Freud Let me introduce Mauldin’s Rule of Thumb Concerning Unintended Consequences: For every government law hurriedly passed in response to a current or recent crisis, there
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Mortgagee Letter Release Date: February 28, 2012 FHA Updates Guides for: Self-Employment, Credit, and Definition of Family Member Mortgagee Letter 2012-03 announces changes to guides that affect P&Ls for self-employed borrowers, disputed credit and collection accounts, as well as an expanded definition of a family member. Here’s what you NEED to know: 1. All changes are effective April 1, 2012. 2. For self-employed borrowers, P&L statements are now required if the last business tax return is
Read more »Brought to you by Christian Penner, Mortgage Broker West Palm Beach talks about Real Estate West Palm Beach. He also serves other Local Areas and provides home Mortgage Solutions for Palm Beach Gardens, Jupiter, Boca Raton, Wellington and Tequesta. Christian Penner Mortgage Broker Jupiterhas the lowest mortgage rates and the best home mortgage programs like; Jumbo loans, FHA Home Loans, VA Home Loans, Reverse Mortgage Home Loans, Freddie Mac Home Loans, Fannie Mae Home Loans and HARP Mortgage Loans. Christian Penner Mortgage Broker Palm Beach Gardens has Served the
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In This Issue Last Week in Review: The Jobs Report for Januaryis in – and the news was good!Forecast for the Week: Stocks and Bondswill be battling over investing dollars as only two economic reports are scheduled.View: President Obama has proposed a new plan to help homeowners refinance. Check out the details below. Last Week in Review It’s been said that no news is good news. But last week, the Jobs Report brought some
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What’s In The President’s Plan To Help Responsible Homeowners and Heal The Housing Market? I make my living in the housing industry. The whole country has suffered the past few years because of the problems created by the mortgage mess. The housing industry is still struggling to get back on it’s feet. In his State of the Union address and in subsequent speeches President Obama has been talking about his “Blueprint for
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HARP 2.0 Update: aid access eases in foreclosure crisis, barriers foil homeowners By KIMBERLY MILLER Palm Beach Post Staff Writer Three months after the Oba-ma administration announced a revolutionary refinance plan for severely underwater homeowners, most borrowers are still unable to apply. Technological barriers, as well as lingering questions about the new Home Affordable Refinance Program, have left many optimistic homeowners in a holding pattern as they watch interest rates bump around near record lows.
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Home Buyers Will Pay More to Get A Mortgage Starting NOW! This Has Not Occurred Through Market Conditions but by Rather Through Legislation Passed and Signed A Couple Of Weeks Ago. Congress Was Working on the Renewal of the Payroll Tax, Which Funds Social Security, Extended Unemployment and Things like that. It was Approved and Passed and President Obama said ” This is Some Good News Just In The Nick Of Time For The Holidays”. [caption id="attachment_1060" align="aligncenter" width="412"
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Follow Me On: Christian Penner Area Manager Mortgage Banker Phone: 561-373-0987 Fax: 561-935-4142 License: NMLS#368289 Christian@ChristianPenner.com www.YourMortgageSolutionsNow.com January 2012 December 2011 November 2011 October 2011 September 2011 August 2011 July 2011 2012 Is Here Forecasting What May Be Ahead for Home Loan Rates The good news-despite what the Mayan calendar may say-is that the world probably won’t be coming to an end in 2012. But like 2011, this coming year may bring some significant challenges here in the US and around the world. Read on to learn more
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Special Report: Insider Secrets Other Mortgage Originators DON’T want you to know about Veteran Loans This Report will save you $100’s if not $1,000’s of dollars when applying for your VA Loan. Christian Penner is your Local VA Loan expert! He serves all of Florida but specializes in Palm Beach County including West Palm Beach, Palm Beach Gardens, Jupiter, Boca Raton & Wellington #1 Credit is not a problem. The Veteran Administration does not
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The problem is that when you have been away serving your country and come back home it is still hard to get a VA Mortgage West Palm Beach. The process for getting an approved VA Mortgage West Palm Beach has become so involved and difficult that it is hard to know where to turn when you need to help getting through the process. Here are 3 tips to help you get a
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