Currently Browsing: Mortage Industry News

Se Habla Espanol!

Se Habla Espanol!

I have Sal Nunez – he has been with our office for a while, and has recently joined our team to provide services for our Spanish clients. There’s such a big need for Spanish services in our area, and we are offering…

Read More March 31, 2021
Important Changes in Conventional Lending for Homes with Solar Panels

Important Changes in Conventional Lending for Homes with Solar Panels

There are so many houses with solar panels now, especially since California is making it mandatory on new home construction. Recently, conventional lending has made some changes that you need to know about. We are starting to see these changes have an…

Read More November 18, 2020
Looking for Great Loan Officers

Looking for Great Loan Officers

This is something I’ve never put out there before, but I know how powerful it can be to tap into a network of people. The thought that has been on my mind this week is that we are ready to bring on…

Read More February 12, 2020
Big Changes for Loans to Veterans

Big Changes for Loans to Veterans

Today, I want to share information about big changes that are coming for VA loans – these financing options affect both active duty and those separated from the military. Veterans receive a variety of benefits during and after their service, and great…

Read More November 13, 2019
Sell Everything and Rent!?!

Sell Everything and Rent!?!

If you know me at all, you know how I don’t agree with the title of today’s video. I’ve talked about this topic before, but wanted to bring it up again because there have been several recent news articles that discussed this…

Read More September 6, 2018
The Fixers: Not All Mortgage Lenders are Created Equal

The Fixers: Not All Mortgage Lenders are Created Equal

In every industry, there are good service providers out there and other companies that leave you wanting more. If you are looking for a mortgage provider, then there are a few questionable practices that should be avoided. But, luckily you can find…

Read More August 1, 2018
5 Great Tax Deductions for Home Owners

5 Great Tax Deductions for Home Owners

With tax season in full swing and the deadline to file only a couple weeks away, many Americans will be putting the finishing touches on their returns in the next few days. If you are a home owner, there are some tax…

Read More March 31, 2016
Mortgage Rates Continue to Slide

Mortgage Rates Continue to Slide

When the Federal Reserve Board raised it’s prime lending rate a couple months ago, the public’s fear was that mortgage rates would then begin to rise and home affordability would suffer. Turns out, the exact opposite has happened thus far. For the…

Read More February 18, 2016
How Will the Fed Rate Hike Affect Your Wallet

How Will the Fed Rate Hike Affect Your Wallet

By now, you’ve probably heard that the Federal Reserve Board did raise the prime lending rate by .25% on December 16, marketing the first such hike since 2006.  What exactly will this mean for you and your budget?  Let’s examine a few…

Read More December 17, 2015
Becoming Comfortable with Mortgage Lingo

Becoming Comfortable with Mortgage Lingo

When in the process of purchasing a home, home buyers are often inundated with an abundance of mortgage “lingo” which can be quite confusing, and at times, even frustrating. Having the knowledge of all of the acronyms, abbreviations, and mortgage jargon will allow…

Read More April 23, 2015
Empty Nesters:  What’s Next?

Empty Nesters: What’s Next?

So the kids are off to college leaving mom and dad to wonder how they should begin their “new” lives! There are a number of questions that need to be answered, many of them involving finances and the home. Great opportunity to…

Read More March 19, 2015
Senate Bill Extends Tax Provisions for Homeowners

Senate Bill Extends Tax Provisions for Homeowners

In important news in the mortgage industry, the Senate last week approved a bill that retroactively extends over 50 tax provisions for one year. One of these protects homeowners from paying taxes on any mortgage debt forgiven if they had a short…

Read More December 24, 2014
Mortgage Crisis Brewing?

Mortgage Crisis Brewing?

Dick Bove, a noted banking analyst, is predicting a pending mortgage crises as we move towards the end of 2014. The reason? An end to “quantitative easing” meaning the Fed, which has been buying as much as $40 billion in mortgage backed…

Read More September 4, 2014
Rent vs. Buy

Rent vs. Buy

The rent vs. buy comparison has been around as long as houses have been rented. Depending upon the perspective of the person that put the numbers together, it seems he/she can always “bake” the numbers to show any desired result. Mortgage people…

Read More June 16, 2014
New Cloud-based Servicing Transfer Solution

New Cloud-based Servicing Transfer Solution

Mortgage services provider LenderLive Network has decided to expand its DocData document management platform by introducing a new cloud-based servicing transfer solution which is designed to cut the time and cost of the mid-scale to large-scale whole loan and mortgage servicing rights…

Read More May 29, 2014
What’s New With Mortgage Underwriting?

What’s New With Mortgage Underwriting?

The mortgage industry seems to change on a regular basis and one of my goals is to keep my clients and agents fully informed. Today’s video provides an update on the most current underwriting guidelines.  Take a few minutes to review it…

Read More May 14, 2014
New Improved Closing Process in the Works

New Improved Closing Process in the Works

One of the major problems home buyers face occurs when they are finalizing their mortgage. The Consumer Financial Protection Bureau (CFPB) got wind of this and surveyed consumers about the challenges home buyers face in dealing with the closing process. The CFPB’s research…

Read More May 8, 2014
Possible Good News for Homeowners and Tax Benefits

Possible Good News for Homeowners and Tax Benefits

There is some potential positive news for homeowners that focuses on popular tax benefits, including write-offs for energy-saving improvements, mortgage insurance premiums, and the benefit allowing for mortgage debt forgiveness. If you didn’t already know, there were 50+ corporate and individual tax…

Read More March 27, 2014
New Mortgage Database

New Mortgage Database

In a move to stay on top of the rapid changing world of technology, the Consumer Financial Protection Bureau (CFPB) and the Federal Housing Finance Agency (FHFA) have collectively agreed to produce a National Mortgage Database containing comprehensive mortgage loan information. “The…

Read More December 19, 2012
Good News- Read All About It!

Good News- Read All About It!

Here’s some great news on the Real Estate “home” front. (No pun intended). According to several reports, there is a real housing recovery taking place, which has positive implications for the broader economy, not to mention positive implications for you, the homeowner. …

Read More September 27, 2012

Franklin Loan Center | NMLS 237653
Licensed by the Department of Financial Protection and Innovation under the California Residential Mortgage Lending Act, 4131316
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For questions or concerns please email info@franklinlc.com