• West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800

Forecast for the Week: Look for reports on housing, Gross Domestic Product, Consumer Sentiment, and more. Plus, the Fed meets!

  In This Issue   Last Week in Review: Several stories had an impact on the markets last week. Find out what happened to home loan rates. Forecast for the Week: Look for reports on housing, Gross Domestic Product, Consumer Sentiment, and more. Plus, the Fed meets! View: Good communication with clients and referral partners is a crucial part of any professional’s success. Check out these simple tips below. Last Week in Review   A tale

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New York Fed for the breakdown in purchases of Mortgage Backed Securities – Agency MBS

Agency MBS Transaction Summary  agency MBS On September 13, 2012, the Federal Open Market Committee (FOMC) directed the Open Market Trading Desk (the Desk) at the Federal Reserve Bank of New York to begin purchasing additional agency MBS at a pace of $40 billion per month. The FOMC also directed the Desk to maintain its existing policy of reinvesting principal payments from the Federal Reserve’s holdings of agency debt and agency MBS

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USDA Rural Development Announces 2010 Census Data Will Go Into Effect March 27, 2013

Late yesterday, USDA’s Rural Development (RD) office released an Administrative Notice (AN 4679) announcing that, “all RD programs will begin using 2010 Decennial Census population data…on March 27, 2013.” The AN also states that, “until that time, and unless specifically directed otherwise, programs are instructed to use the population data from the 2000 Decennial Census.” The 2010 Census data will render ineligible for RD programs many areas that are currently

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HARP 2.0 Update: As aid access eases in foreclosure crisis, barriers foil homeowners

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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Christian Penner , - - - - - North Palm Beach , FL 33408 United States
Phone: (561) 316-6800 Email: TheMortgageTeam@ChristianPenner.com
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