Here it is! Finally.
The 12 Days of Christmas Mortgage Edition
To those outside the Real Estate industry, here’s who we are and a little explanation of what we are talking about:
Day 1- Mark Savitt - Former President of NAMB
Andrew Cuomo – New York State Attorney General
HVCC – Home Valuation Code of Conduct
Day 2 - Garrick Werdmuller
Ben Bernanke
2 Years of Low Rates – Rates are the lowest they’ve been EVER!
Day 3 – Jonas Kruckeberg
GSE – Government Sponsored Enterprise
Bankrupt GSE’s
Day 4 – Brad Yzermans
RESPA – Real Estate Settlement & Procedures Act
New GFE for 2010 – Good Faith Estimate
Day 5 – All of Us
Henry Paulson- Former US Treasury Secretary
Too Big to Fail Banks
Day 6 – Chris Brown
REO’s – Real Estate Owned
Day 7 – Mark Madsen
The Federal Reserve
MDIA – Mortgage Disclosure Improvement Act
Read a true story on how MDIA screwed up a loan.
Day 8 – Dustin Hughes
$8000 Tax Credit
Day 9 – Paul Dunn
Denied Loans – It’s par for the course these days to have a perfect credit borrower receive a denied loan. You truly need to work with a professional these days in this market.
Day 10 – Tony Croft
10% Unemployment
Day 11 – Jim Pair – Current President of NAMB
Guideline Changes - I’m pretty sure that there were at least 3 guideline changes during the making of this video
Day 12 – Jonas and Bella
$12 Trillion in Debt
Hope you enjoyed our video!
