Articles

The Housing Market is the Brightest Spot in the Economy
First, I wanted to send out a big THANK YOU for the major love I’ve received in response to my 50th birthday yesterday. Thank you for the messages and well-wishes! Unexpected Results in COVID-19 Walter Neil, the owner of Franklin Loan Center,…

Realtors and Home Buyers: Good News on the Forbearance Front
We heard a great update last week from Fannie Mae and Freddy Mac regarding conventional loans. We are finally going to be able to let loose a bit to get some of the loans going again if they went into forbearance. A…

Jumbo Lending Showing Signs of a Bit of a Thaw
I have a bit of good news. In recent weeks, lending has been shrinking due to the pandemic and economic changes that have been happening. But things are starting to shift again, which is good news in the mortgage industry. Jumbo Loan…

Sick of Overlays?
Sick of overlay? If you aren’t in real estate, then you probably don’t know what that means. Overlays are in conventional, FHA, and VA loans (which make up more than 90% of the loans out there). These loans have base guidelines –…

Forbearance… Beating a Dead Horse? Unfortunately Not.
Forbearance is a topic I’ve mentioned a few times, but it’s an important subject right now – especially since it’s been hitting the news headlines. Preface: I understand that there are many people out there who have no other option. If that…

3 Good Things about the Mortgage Business You Should Know
It seems like everyone is talking about how the sky is falling, and we’re obviously feeling a little cooped up being stuck at home. Today, I wanted to share 3 great things that are going on in mortgage and real estate right…