Friday, May 28, 2010
Fannie Mae Did What??
Check out this video on some new changes Fannie Mae is implementing. Realtors, make sure you inform your clients.
Friday, May 14, 2010
U.S. Treasury Program Encourages Short Sales
U.S. Treasury Program Encourages Short Sales by Lessening Penalties in Order to Avoid Foreclosure
Short sales give distressed homeowners an exit that doesn’t lead through credit-damaging foreclosure and save banks money compared with taking and selling houses with failed mortgages. So at the urging of the National Association of Realtors, the U.S. Treasury Department came up with a new program to encourage short sales.
Short sales give distressed homeowners an exit that doesn’t lead through credit-damaging foreclosure and save banks money compared with taking and selling houses with failed mortgages. So at the urging of the National Association of Realtors, the U.S. Treasury Department came up with a new program to encourage short sales.
Tuesday, May 11, 2010
YouTube.com Videos of the Month:
Best Compilation of Sports Bloopers and Funny Accidents Ever!
We all know it hurts when an outfielder runs through the back wall, or when a downhill skier takes a huge tumble, or when a soccer player gets a knee to the groin. We know it hurts... and we laugh anyway. These 2 videos offer a laugh-out-loud collection of some of the funniest sports outtakes and other accidents ever caught on tape. Enjoy the following videos and be sure to forward to family, friends, and co-workers!
Click Here to Watch the Videos by YouTube.com
We all know it hurts when an outfielder runs through the back wall, or when a downhill skier takes a huge tumble, or when a soccer player gets a knee to the groin. We know it hurts... and we laugh anyway. These 2 videos offer a laugh-out-loud collection of some of the funniest sports outtakes and other accidents ever caught on tape. Enjoy the following videos and be sure to forward to family, friends, and co-workers!
Click Here to Watch the Videos by YouTube.com
Monday, May 10, 2010
Market Update
MBS prices are down -5/32 (FNMA 30-yr 4.5 at 101.10), above 9:45 et pricing of -8/32. The big news from Europe knocked MBS markets lower early, and then it was a relatively quiet session. Investors evaluated the $1 trillion EU aid package and generally liked what they saw, while waiting for further details. The stock market held its early gains and the Dow is up 400 points. No economic data will be released tomorrow. There will be a 3-yr Treasury auction at 1:00 et.
Check out the new property widget to the right offered for free from Envoy Mortgage. This is our first one with our new system and will be adding much more.
If you have a property to sell let us know and we can help you market the property with FREE virtual tours and panoramic pictures.
Envoy Mortgage
Check out the new property widget to the right offered for free from Envoy Mortgage. This is our first one with our new system and will be adding much more.
If you have a property to sell let us know and we can help you market the property with FREE virtual tours and panoramic pictures.
Envoy Mortgage
Tuesday, May 4, 2010
Sell Your Home Faster!!
Realtors, obtain more listings by staying ahead of the competition by using our FREE marketing tools. You will be amazed as to the tools available to you. Contact me at tbernacki@envoymtg.com for more info.
Homeowners, tell your realtor about this FREE tool. If you are serious about selling your home and you want to do it quickly, then you don't want to be without it.
Homeowners, tell your realtor about this FREE tool. If you are serious about selling your home and you want to do it quickly, then you don't want to be without it.
Wednesday, April 28, 2010
USDA Update
100% Financing is still moving forward preserving the dream of home ownership!
USDA funding may not run out after all – HR 5017 passed today By Tara Steele on April 23, 2010 1 Response
Buzz 38 ► Retweet...HR 5017 passed
Today, the Kanjorski bill (HR 5017) passed unanimously in the House Financial Services Committee, a bill aimed at supporting the rural housing market that has struggled to get passed. HR 5017 also known as the Rural Housing Preservation and Stabilization Act of 2010 will end the current method of using federal funding to backstop the guarantee, but instead will fund the program through mandatory fees.
HR 5017 ensures rural homebuyers access to affordable loans through USDA, but because these loans have tripled since 2006, federal funding will be running out literally in the next few days, making passage critical.
Pennsylvania Congressman Kanjorski said, “At no cost to taxpayers, [the Kanjorski] bill will preserve the access of millions of families living in America’s heartland to needed USDA loan guarantees, so that they can continue to buy homes with affordable mortgages. Without action, too many families in rural America will have no options for getting home loans. We cannot allow that to happen.”
In order to pay for the program, lenders will pay up to a 4% fee on new home mortgages. Next, the bill moves to a House vote.
In a House press release, homeowner Virgie Spruiell from Pennsylvania said, “As a result of this program, I was able to purchase my first home which I have wanted all my life. I enjoy it every day and it is a blessing. I greatly appreciate Chairman Kanjorski’s efforts to enable the program to continue so that other people can access these guaranteed home loans just as I did.”
Envoy Mortgage
USDA funding may not run out after all – HR 5017 passed today By Tara Steele on April 23, 2010 1 Response
Buzz 38 ► Retweet...HR 5017 passed
Today, the Kanjorski bill (HR 5017) passed unanimously in the House Financial Services Committee, a bill aimed at supporting the rural housing market that has struggled to get passed. HR 5017 also known as the Rural Housing Preservation and Stabilization Act of 2010 will end the current method of using federal funding to backstop the guarantee, but instead will fund the program through mandatory fees.
HR 5017 ensures rural homebuyers access to affordable loans through USDA, but because these loans have tripled since 2006, federal funding will be running out literally in the next few days, making passage critical.
Pennsylvania Congressman Kanjorski said, “At no cost to taxpayers, [the Kanjorski] bill will preserve the access of millions of families living in America’s heartland to needed USDA loan guarantees, so that they can continue to buy homes with affordable mortgages. Without action, too many families in rural America will have no options for getting home loans. We cannot allow that to happen.”
In order to pay for the program, lenders will pay up to a 4% fee on new home mortgages. Next, the bill moves to a House vote.
In a House press release, homeowner Virgie Spruiell from Pennsylvania said, “As a result of this program, I was able to purchase my first home which I have wanted all my life. I enjoy it every day and it is a blessing. I greatly appreciate Chairman Kanjorski’s efforts to enable the program to continue so that other people can access these guaranteed home loans just as I did.”
Envoy Mortgage
Wednesday, April 21, 2010
Today's Holidays
I thought today I would give some insight on holiday's as crazy as they may seem!! It's from a web site at http://www.holidayinsights.com/
Kindergarten Day
When : Always April 21st
It's Kindergarten Day. The first day at Kindergarten is a memorable, exciting, nervous, and anxious time for mother and child. Most children and mothers will never forget the first day at Kindergarten. Hopefully, it was a good experience for all!
Kindergarten Day is celebrated in honor of Friedrich Froebel. He was born on this day in 1782. In 1837, he started the first Kindergarten in Germany. It became popular quickly. Kindergartens were originally a 1/2 day to get children acclimated into learning, social interaction, and school, in a fun, yet educational manner. Kindergarten has evolved in most areas into a full time program. This is partly the result of increasing pressures on education, and partly due to the increase in working mothers in America.
Celebrate today with a trip down memory lane. Pull out the old pictures of you and/or your child's first day at Kindergarten.
When : Always April 21st
It's Kindergarten Day. The first day at Kindergarten is a memorable, exciting, nervous, and anxious time for mother and child. Most children and mothers will never forget the first day at Kindergarten. Hopefully, it was a good experience for all!
Kindergarten Day is celebrated in honor of Friedrich Froebel. He was born on this day in 1782. In 1837, he started the first Kindergarten in Germany. It became popular quickly. Kindergartens were originally a 1/2 day to get children acclimated into learning, social interaction, and school, in a fun, yet educational manner. Kindergarten has evolved in most areas into a full time program. This is partly the result of increasing pressures on education, and partly due to the increase in working mothers in America.
Celebrate today with a trip down memory lane. Pull out the old pictures of you and/or your child's first day at Kindergarten.
Famous Birthday's
April 21, 1915- Anthony Quinn, actor
April 21, 1926- Queen Elizabeth II, queen of England
April 21, 1935- Charles Grodin, actor
April 21, 1951- Tony Danza, actor
April 21, 1782 - Friedrich Froebel, started the first Kindergarten in Germany in 1837.
April 21, 1958- Andie MacDowell, actress, model
April 21, 1961- Don Mattingly, baseball player
Did you know? The White House will send your newborn a birthday card. Just send the following information: Baby's name, address, and date of birth to: White House Greetings Office, Room 39, Washington, DC 20500
Here is another fact: "At least fifteen million people are having a birthday today."
Thorsten Bernacki
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