Portland Mortgage Broker

I think the title question says it all. We’ve heard from Treasury Secretary Paulson and Fed President Bernanke, both having proved themselves to be very creative problem-solvers and judicious managers of money, who say immediate implementation of this $700 billion plan is our best shot at protecting an ailing U.S. economy and financial system from [...]

Amidst all the talk of bailouts and the major housing market problems we read about daily in the news, an important bill has quietly made its way through the House of Representatives and is now awaiting Senate approval. This bill is H.R. 6694 – a relatively short (6 pages) bill that seeks to reinstate seller-funded [...]

Supporters of the controversial seller-funded downpayment assistance program rallied in Washington on Wednesday, calling on Congress to pass a bill that would save DPA from being eliminated Oct. 1. The Oct. 1 ban — signed into law July 30 as part of the Housing and Economic Recovery Act of 2008 — has mobilized community activists [...]

We’ve had an extraordinarily volatile couple of weeks, with several high-profile bankruptcies and government takeovers deflating any last sense of investor confidence on Wall Street. It’s time to comment on these events, and to the degree they impact the cost that you as a homebuyer will ultimately end up paying for your mortgage. First, let’s [...]