• 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

Changed West Palm Beach Foreclosure Picture Still Presents Opportunities

Changed West Palm Beach Foreclosure Picture Still Presents Opportunities The West Palm Beach foreclosure situation is a good deal different from what we were discussing a few years ago when the tidal wave of 7.3 million foreclosures and short sales swept the nation. When The New York Times “Dealbook” recently pronounced that the supply of cheap foreclosed homes in America is dwindling, it came as news to…well, no one. Let’s face it:

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Fannie Mae will be updating Desktop Underwriting (DU)

Fannie Mae will be updating Desktop Underwriting (DU) mid-August.  I have some news to share! Fannie Mae will be updating Desktop Underwriting (DU) mid-August. There are a few changes you should be aware of: Foreclosure Message Updates • We will be able to exclude inaccurate foreclosure information from the eligibility assessment.  • We will be able to exclude foreclosures due to extenuating circumstances* from the eligibility assessment.  Deed-in-Lieu of Foreclosure and Pre-Foreclosure Sale Message Updates • Waiting period requirement will be updated to

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Palm Beach County Foreclosed Homes Reward Sharp Eyed Buyers

You may have seen the reports — and they are correct — that the number of new foreclosures has dropped almost everywhere throughout the country. Although the Mortgage Bankers Association’s report about the drop in non-seasonally adjusted foreclosure starts might indicate otherwise, this fall or winter, sharp-eyed buyers can still find any number of foreclosed homes in West Palm Beach. For those whose goal is to find an appreciably nicer

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FHA Change Adds 2.5 Million Potential Boomerang Buyers Two Years Ahead of Schedule

Source: Daren Blomquist, Contributor – Source Post Up to 2.5 million formerly foreclosed homeowners — or those who sold while in the foreclosure process — could be re-entering the housing market as buyers much faster than anticipated thanks to a recent change in Federal Housing Administration (FHA) guidelines.   Close to 2.5 million additional boomerang buyers who lost their home to foreclosure or short sale in the past two years now could be

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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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