News hit today that within the first hour of his presidency, Donald Trump has put a freeze on the pending reduction to mortgage insurance premiums that was scheduled to take …

Read MoreTrump Freezes Mortgage Insurance Premium Reduction Scheduled for This Month

The Department of Housing and Urban Development recently announced changes to FHA loan premiums. While upfront mortgage insurance premiums will remain at 175 basis points (1.75%), annual mortgage insurance premiums …

Read MoreLower Mortgage Payments for Los Angeles Buyers/Owners as FHA lowers Insurance premiums

To those in the industry this headline comes as very little surprise…Dodd-Frank was definition of over regulation in Mortgage Industry for every positive change that helped the consumer there were …

Read MoreCFPB declared Unconstitutional as currently constructed

The overly ridiculous compliance rules that have been instituted in our industry over the last couple years make me think this might be the case. In an attempt to “protect” …

Read MoreIs it possible rate locks will be eliminated in Mortgage Industry?

2 new forms Loan Estimate (LE) (replaces GFE & TIL) [contains new total interest paid TIP calculation] Closing Disclosure (CD) replaces HUD-1 LE to consumer w/in 3 days of Application …

Read MorePreview of new TILA-RESPA Integrated Disclosure (TRID) going live August 1st 2015

http://www.mortgagenewsdaily.com/reports/mortgage_rates/2015/1/6/1389 All you really need to know is that if you are thinking of buying or refinancing right now (this 1st week of January 2015) has a good chance of …

Read MoreOpportunity Knocks as Mortgage Rates Surge Lower 1-6-15