George Souto - FHA, CHFA, VA, USDA, & Fannie Mae Home Mortgage Loans, Connecticut

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Mortgage and Lending - George Souto NMLS #65149 FHA, CHFA, VA Mortgages - NMLS #65149

ARCHIVED BLOG POSTS

2012 

Jennifer Fivelsdal recently wrote a blog about the advantages and disadvantages of a shared driveway.  After reading her blog I remembered a loan that I tried to do about two years ago on a property with a private road. There were 8 houses on this private road, and there was no maintenance agreem...
11/29/2012
The Middlesex County Real Estate Council 2012 Holiday Luncheon, will be on December 6th this year, at the Elks Lodge in Middletown, CT.  The Middlesex County Real Estate Council Holiday Luncheon is sponsored by McCue Mortgage every year, and it has always been an excellent event. The guest speak...
11/29/2012
Everyday I remind myself that in the Real Estate/Lending Industries We Are In The Stress Relief Business.  From the very first contact that I have with a Borrower I try to assure them that I will make the process of obtaining a mortgage as simple and as easy as possible.  I feel that relaxing my ...
11/27/2012
The celebration and fun activities for the 27th Annual Holiday On Main Street In Middletown, CT, will continue this Saturday, December 1st. and will continue through the month of December.  Holiday On Main Street is coordinated by the Middlesex Chamber Of Commerce who do an exceptional job each y...
11/27/2012
Recently there was a comment on one of my blogs about Non Traditional Credit.  For those who are not familiar with the term, Non Traditional Credit it is a process of creating credit history for Borrowers who have insufficient credit scores, or no credit scores at all. There are basically three r...
11/26/2012
The 11th Annual CT Realtors Leadership Conference will be held this Wednesday and Thursday at the Foxwoods Resort Casino.  This is an excellent opportunity to attend some outstanding seminars, and listen to some outstanding speakers such as: Lawrence Yun – NAR Chief Economist & Senior Vice Presi...
11/26/2012
In the previous blog FHA Has A $16 Billion Loss In The Monthly Mortgage Insurance Value, I outlined why I believe both the media and Washington Politicians will overreact to the latest news from FHA, and provide some reasons for this huge loss in the Monthly Insurance Value.  In this blog I will ...
11/25/2012
FHA's Annual Independent Actuarial Report was released this week, and it showed that FHA Has A $16.3 Billion Loss In The Monthly Mortgage Insurance Value this year.  Even though this was a very large lost, it was close to what was anticipated.  A loss of this magnitude should not be taken lightly...
11/24/2012
Yesterday was the start of the 27th Annual Holiday On Main Street In Middletown, Connecticut, and will continue through December.  Holiday On Main Street is coordinated by the Middlesex Chamber Of Commerce who do an exceptional job each year in bring all the activities together. This is always a...
11/23/2012
I would like to wish a Happy 2012 Thanksgiving Day to all my ActiveRain friends.  My family and I are about ready to sit down and enjoy the turkey in the picture above, and hope that all of you are as blessed as we are on this Thanksgiving Day. Happy 2012 Thanksgiving Day   *********************...
11/22/2012
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