James Ward's Blog

Fairway Mortgage (Houston) is excited to announce the Crown Jewel of "March Madness" - the 2010-2011 NCAA Division I men's basketball Final Four Tournament to take place this weekend in the great City of Houston, Texas. The 2011 NCAA Men's Division I Basketball Tournament is a single-elimination ...

HOUSTON, TX: Good news - The economy is improving!  Even though last Friday's Jobs Report didn't meet the lofty expectations created by ADP, the prior month's readings did show more job growth than previously reported, and the trend is clearly improving.  How does the Labor Department derive the ...

Year 2010 Seasons change (Winter, Spring, Summer, Fall) and each season brings new opportunity. Can you sense the "shift"? We are in a new season! The New Year is upon us as we step into 2011. For some, this past year may have presented challenges to their "business" model. But - if you look back...

HOUSTON, Dec. 16, 2010 /PRNewswire/ -- The underlying theme from BoyarMiller's annual commercial real estate breakfast forum, held Thursday, December 9, 2010, was "cautious optimism." Whether developing land for residential use, brokering industrial space, working with retailers to lease properti...

Rescue Operations... We at Fairway Mortgage in Houston, Texas have performed rescue operations for a number of clients this year whose transactions went south at the last minute at other lenders.  Why were we able to do the loan when they couldn't?  Understanding who you're dealing with in a loan...

Houston, Texas: According to Steve Jacobson, CEO of Fairway Independent Mortgage Banking Corp., Fairway Mortgage has completed our biggest funding month of 2010 - June funding 1,656 units on our Warehouse Line.  Most important - all of Fairways' Home Buyer Tax Credit loans made it to the closing ...

Two of the best Texas neighborhoods for the money in 2010 were recently listed by NeighborhoodScout.com. "The best neighborhoods for the money are neighborhoods that combine many premium qualities, including excellent public schools, low crime rates, many large, owner-occupied single family homes...

Houston, TX: There is good news for Borrowers with a prior Pre-Foreclosure sale, Deed in Lieu of Foreclosure or Short Sale scenario. Fannie Mae recently announced that people who had to give the deed on their house back to the bank because of financial problems, or who have done a short sale to a...

Houston, TX: You hear this more often than not when you turn on the television - lender foreclosure, deed in lieu of foreclosure, "short" sales on the rise! It has been said that a "key" to economic recovery is tied to the housing market recovery.  This is partly true -- but more importantly; th...

Residential mortgage rates for your home in Houston Texas or where ever residential real estate is located are on the rise. Now that the wheels have come off the Fed's purchase of Mortgage Back Securities that was put in place in January 2009 to keep residential interest rates low in order to sta...