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  • Mortgage refinance offer: is it saving me money?
    How to know if refinancing your mortgage is a good deal
    Have you ever received one of those letters in the mail that tells you how you can save nearly $250 per month if you refinance your mortgage with their company? No closing costs, low rate—sounds great, right? Well, before you sign the...
  • The Need for Mortgage Quality Control Software in Today's Mortgage
    The Need for Mortgage Quality Control Software in Today's Mortgage
    Many have lamented the complexity of the mortgage industry. Yet today's advanced technology allows for better quality control than ever. Lenders have been grappling with methods to insure that regulations are met and that all criteria is...
  • Saving for your first home
    Saving for your first home
    Every day, you check real estate listings online. On the weekends, you drive through neighbourhoods seeking out For Sale signs. So, it may be safe to say, you’re on the fast track to purchasing your first home. You’re not alone: In...
  • Too much house
    Too much house
    Buying a new home is an important lifestyle choice – you decide where you want to live based on the type of home you want, the neighbourhood, perhaps proximity to schools or parks, and for a host of other personal and family reasons. But...
  • Home, sweet home.
    Slight downtrend noted in Portland Metro, Eugene real estate market
    AMonday RMLS report reflecting a shrinking distressed property inventory for Q2 2014 was just one more indicator of a slightly retracting housing market. While distressed property inventory and sales are down in 2014, so is conventional housing...
  • Credit score headaches: What you need to know
    Credit score headaches: What you need to know
    Your credit score is essential for securing loans, rental properties, and even for many employment opportunities. Credit scores are determined by a how timely you are with your monthly payments, as well as your overall debt to credit ratio....
  • data management
    Inefficient Data Management Compromises Business
    Organization is a key priority for most businesses, but for loan lenders inefficient organization can be downright crippling. Inefficient methods to track and retrieve vital data--and it's all vital at some point--lead to trouble. For this...
  • Explain definition
    Mortgage tip of the week: Letter of Explanation
    Letters of Explanation!LOX or LOE...whichever letters your loan officer calls them by, it is still by far one of the best tools available when communicating with the underwriter about your particular loan.The letter of explanation is recommended...
  • Do not jeopardize mortgage approval
    Do not jeopardize mortgage approval
    Efficient real estate agents will inform new home buyers the importance of the mortgage application process. It is equally important for the home buyers to sit down with the lender to review the course of action. Economic changes may have created...
  • April home sales
    Housing market shows signs of growth as weather warms
    The sale of existing homes increased 1.3 percent in April. This is the first increase so far in 2014. The National Association of Realtors reports that sales for were a seasonally adjusted 4.65 million. This is still about seven percent lower than...
  • Berkshire Group
    Berkshire Group announces that it has become a Diamond Subscriber to MISMO®
    The Berkshire Group announces that it has become a Diamond Subscriber to MISMO®, the leading technology standards development body for the residential and commercial real estate finance industries. MISMO was created to promote and support the...
  • Going, going, gone!
    U.S. house prices: The dragon takes wing
    Home-buyers need to proceed with caution. History may repeat yet again in the U.S. mortgage and housing market. In United States, the common wisdom for decades was to buy a house as soon as possible since it is considered a great investment with...
  • Shelter your shelter
    Shelter your shelter
    Your home is your shelter and so much more: Not only is it very likely the largest purchase you will ever make, it’s the comforting and comfortable centre of family life and your family’s future -- and you need to protect it. The...
  • reporting chart
    Loan quality control reporting tips
    In the 2012, Freddie Mac published its exhaustive Quality Control Best Practices, in which they argue that through extensive research they can strongly conclude that the mortgage industry must employ reliable and effective quality control programs...
  • Redfin Home Tours
    Spring Thaw Homebuyer Demand Picks Up in March
    Tours Up 11.1% from February; Offers Increase 19.7%After a sluggish start to 2014, homebuyer demand is starting to bounce back, according to Redfin (www.redfin.com), the technology-powered real estate brokerage, which today issued its Real-Time...