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Mortgage and Lending - Franklin Advantage Inc. - NMLS Lic. # 343946
RECENT BLOG POSTS
Forum Maybe it's just a me thing here, but I saw something here on AR recently where management or someone had an alert about AR having this type of error come up. While I do not pretend to be a computer expert, it seems like I have always had an issue with AR uploading when I pull it from my fav...
03/09/2010
Forum This week was pretty wild to say the least with rates all over the board.  Lenders would give mid day price improvements only to price worse sometimes in the same day.  Although we had a fair amount of economic news during the week, most in the financial sectors were waiting for today's Emp...
03/05/2010
Forum Tomorrow is going to be a key day in the financial markets with the much anticipated Employment Situation Concensus coming out at 8:30 A.M. EST. If you have clients in process, and ready to close within 30 to 45 days who are still floating, make sure that you have them keep close tabs on th...
03/04/2010
Forum This week was an interesting week with all of the economic data that was announced.  Below is a brief recap of this week's most important news affecting mortgage rates: The Reuters / University of Michigan final index of consumer sentiment fell today from 74.4 in January to 73.6 in February...
02/26/2010
Forum Bloomberg announced today that the Obama Adminsitration is strongly considering banning any foreclosure proceedings against homeowners until they have been screened my the lender for participation in the Home Affordable Modification Program known as HAMP. This could be a big change for the ...
02/25/2010
Forum This week was full of news that wasn't especially good for interest rates.  In fact, yesterday was described by some as just downright UGLY.  My most aggressive lender made three rate changes to the worse. We saw this type of activity for much of the week. The Bureau of Labor Statistics thi...
02/19/2010
Forum I'm going to diviate briefly, and ask those of you up-front who are reading to let me know if this is helpful to you.  Insights into what you would like to see would also be appreciated by your feedback.  This week has been all over the board with several economic releases this week.  Below...
02/12/2010
Forum Last week's report indicated that we would have a roller coaster week pending today's Employment numbers, and it turns out that I was right.  This week was full of news, but nothing so important as the employment figures. The Bureau of Labor Statistics released the monthly Employment Situat...
02/05/2010
Forum This week's mortgage rates ended the week almost at last week's lows after a volatile last few days.  Several factors weighed in on rates rising most of the week; most notably,with the Fed's announcement that they would be ending their purchase of mortgage backed securities in March.  Rates...
01/29/2010
Forum Mortgage Rates Improve, Stocks Fall While the economic data released this week had little impact, mortgage rates were heavily influenced by two big stories. One was an announcement that China will take steps to slow its economic growth and the other was President Obama's proposed new restri...
01/22/2010
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Wayne L.Brown

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