George Souto Mortgage Loan Originator

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Mortgage and Lending - George Souto NMLS #65149 - NMLS #65149

ARCHIVED BLOG POSTS

2009 

91 Comments
" Back in March I wrote a blog New Proposed Appraisal Regulations ............ "Home Valuation Code of Conduct" giving every one a heads up on changes to the way Fannie Mae & Freddie Mac Appraisals will be done from tomorrow (May 1, 2009) forward. Starting tomorrow, May 1, a new code of conduct, ...
04/30/2009

9 Comments
That is right you read the title correctly.  Most people, especially here on the East Coast think of Vermont when the subject of Pure Natural Maple Syrup comes up.  But Vermont is not the only State in New England that produces Pure Natural Maple Syrup, Connecticut does as well.  And the best Con...
04/29/2009

14 Comments
MI Companies are notorious these days for making changes without any advance notification.  The latest change that we are seeing is that MI Companies have lowered the back end ratio, especially on loans with a 95 LTV to 41%.  Also if the area happens to be one that is being classified as a declin...
04/27/2009

34 Comments
****************************************************************************************************************** Info about the author: George Souto is a Loan Officer who can assist you with all your FHA, CHFA, and Conventional mortgage needs in Connecticut. George resides in Middlesex County ...
04/26/2009

15 Comments
One of my Borrowers Closed on a Refinance Loan yesterday that many of us in this Industry would consider a "Slam Dunk Loan".  This Borrower had Credit Scores in the 800's, ratio's of 15/17, and 60% LTV.  "Slam Dunk" right? Wrong! This house was located in a neighborhood made up of a small cluster...
04/25/2009

4 Comments
At the beginning of the month I did a blog announcing the Middlesex County Chamber of Commerce Work After Hours event that was hosted by the Galleria Design Center in Middletown last night.  I encouraged everyone that could attend to do so, and promised that they would not be disappointed.  Well ...
04/24/2009

21 Comments
I wrote a blog at the end of last month Social Networking Workshop informing those within driving distance of Middletown, Connecticut, about a Social Networking Workshop/Presentation, at the Middlesex Chamber of Commerce, on how we can more effectively use Social Networking Websites. The workshop...
04/23/2009

10 Comments
Click Here to See How McCue Mortgage has gone Green   ****************************************************************************************************************** Info about the author: George Souto is a Loan Officer who can assist you with all your FHA, CHFA, and Conventional mortgage nee...
04/22/2009

62 Comments
Earlier today I read a blog by Bill Gassett titled Buying a Bank Owned Home that focused on the process of purchasing a foreclosed property.  In his blog he made a statement that I thought would go very well with this blog which I had planned on writing earlier. In his blog he stated "Buying a fo...
04/21/2009

14 Comments
Loan Modifications must be the new scam in town, because I have been getting three to four e-mails each day, each one from a different sender, but all with the same message.  They all start with the same subject line which contains my address followed by "value drop notice". The message is also t...
04/20/2009
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