Christina Ewing's (customerservicepro) Blog

With so many questions coming from my clients and Realtors about how these appraisers are coming up with the values they are, I gathered the details! This is only the policy of my appraisal administrating company. Seeing that we are the biggest, I'm sure this is a decent rule of thumb guide. I'll...

Now, more than ever, maintaining healthy credit is a key factor in getting the loans and credit you may want or need. We all know the basics, for example to pay the bills on time, but here are some other tricks you might not know to keep your scores up! -NEVER UTILIZE MORE THAN ABOUT 25% OF YOUR ...

Today in a rush to get the new bill into Bush's hands for final approval, senate held a rare Saturday session and approved the new housing bill. George Bush has already stated that he will be approving the new stimulus bill, as immediate stimulus is imperative for the best interests of the global...

Fannie Mae and Freddie Mac drive the underwriting policies for our conventional type loans. These changes will apply to most conventional loans locked on or after 8/1/08. For a copy of the full announcement from Fannie Mae, please feel free to contact me. Here are the key changes that are being m...

The week was just full of action! The DOW sank early in the week amid the speculation that Fannie Mae and Freddie Mac needed to raise capital to avoid a government bailout. These concerns are a major contributor to Freddie's stock being down 64% over last month, and Fannies 56% over last month. I...

Due to many, many new regulations in the industry , FHA has recently become one of the only ways to purchase a condo with less than a 5% down payment. This has been particularly frustrating for my Chicagoland area with such a booming condo market.   FHA loans for the past decade on average have f...

While the past week has yielded almost nothing in the arena of good news economically, the rates have eased off the annual highs we saw about a week ago.   The 2 largest purchasers of mortgages from banks, Fannie and Freddie Mac, surged fears of liquidity issues into the marketplace as rumors eru...

While the industry has pushed out all sorts of creative financing options for first time homebuyers due to the current credit situation in the USA, FHA steps up to the plate! Check out this list of some of the very unique things that an FHA loan can do to help not only first time homebuyers, but ...

Effective July 1st, Countrywide is a subsidiary of Bank of America. Over the next 6 months or so, our branding will change to Bank of America and you will no longer see the Countrywide name. This is an exciting change, as it is the merger of the most powerful bank in the world (BofA) and the larg...

A new bill in congress to attempt to spur the housing market out of it's deep recession is near approval. Despite a presidential veto threat, the package received overwhelming bipartisan support, clearing by 83-9 a crucial Senate procedural vote last Tuesday. Sen. Harry Reid of Nevada, the majori...