Saturday, September 27, 2008

Bailouts & FHA Short Refinances

The recent discussions this weekend regarding the government bailout of what would appear to be the banking industry and not the average American has some wondering about the affects of the Housing Legislation for FHA short refinances. The government will be bailout out the banks with $700 billion and then bailout out again with the FHA short refinance program. To me that seems like a double bailout and at the expense of the FHA refinance program. The part that I am viewing favorably is when the FHA borrower gets a discounted payoff or short payoff and that is what is really the focus of the meaning of blog.

FHA short refinances are soon to be a discussion topic. I will be watching the housing legislation passing this weekend and report more on how that will affect those seeking to refinance through a short payoff under the FHA program.

FHA Short Refinance commentary is appreciated. Thank you.

Thursday, September 25, 2008

Did Someone Say FHA short Refinance?

I might be hearing things. I thought I heard FHA refinance short or FHA short refinance. I may be mistaken. There is a lot of FHA refinancing that is short funds to close. Property values have declined and the FHA short Refinance is the flavor of the day.

FHA short Refinances

Thursday, September 18, 2008

Bank Mortgage Domain Names for Loan Referrals

WWW.AVOIDBANK.COM is a way to avoid the bank and create a mortgage type of website that is also considered WWW.AVOIDBANKS.COM which is basicaly another way to same the same thing. You cab also WWW.AVOIDTHEBANK.COM or avoid the bank entirely by getting a mortgage loan outside of the bank.

WWW.BANK-REFERRALS.COM is really what the loan or mortgage broker is trying to do when he or she is soliciting for mortgage business that was turned down from a banker or the bank. The appropriate website for the type of bank lending is one that has a bank referral or WWW.BANKREFERRALS.COM

Some other mortgage domains are to be found in other loan website locations around the mortgage lending arena. One curiousity is a mortgage domain that is personal and about mortgage loan officers who do mortgage loans and create a website to boot.