Catherine 's Blog

Fannie Mae & Freddie Mac change requirements for condos, are your listings ready? Read these changes below and make sure your condos are listings are ready for the changes before your closings are held up. FIDELITY Insurance Coverage Requirement (for projects larger than 20 units) The owners' ass...

Here is the latest web update on using the $8,000 tax credit as a bridge loan. It's amazing what happens in a week from being released, pulling the mortgagee letter to not really going to happen at all. Please read below on the details. Feds reverse rule to assist first-time home buyers J. Craig ...

There is more talk among Active Rain and local Realtors about the fall out on their files. I would say your seasoned and new Loan Officers right now are relearning our jobs. ( I have never had a decline in my 7 year in the industry and then I had two in two weeks!) We have all had it way too easy...

As the OBAMA plan rolls out we are getting information on how it works. The Loan Modification plan looks good and will help many people. I hope that the banks can keep up with the demand. There are many, many loose ends and I will keep you posted. There will be many posts to come on the different...

I hope that you have seen this show, although a comedy there is a lot of truth to it. Have you ever thought how events in your life trickle down to the next person? We all come across those people that we help and I'm sure how we think about the good karma. My question is what about the bad karma...

This is a bit delayed due to my accident but I wanted to send you some pictures of our 2008 Coat Drive and give an extra thanks to all that contributed. Our goal was 500 Coats for Northern Colorado and we ended up with 658 Coats this year, I'm just amazed how many we had!   The winner of the Wii...

As the holidays approach and the craziness sets in are you taking that extra moment to show your client you care? If so what are your tactics? Are you a card sender? A charity giver? A party thrower? How do you go above and beyond to tell your past clients THANK YOU without going....please don't ...

An agent and I are trying to get creative....creative is the word for nosy! She knows of a local agent that is leaving the business and state along with 25 properties to go into foreclosure.  She wants to get ahead and start calling on the banks that hold the loans to see if she can represent the...

With all the buzz about the required down payment going up from 3% to 3.5% starting January 1st 2009, I just want to make sure you knew the 3.5% required is only for NEW case numbers starting in January. What that means is if you have someone purchasing, under contract you can reserve the case nu...

I have a client that I have been working with here in Colorado that will be getting a job in Saratoga, WY. I will still be doing his loan which we will probably be going FHA depending on where he finds the house. He is looking in the $150,000-$200,000 range, I would love to find an agent who curr...