Fannie Mae’s new Loan Quality Initiative (LQI) mandates went into effect on June 1, 2010. The changes are part of a new effort by mortgage giant Fannie Mae to cut down on slipshod underwriting by lenders and fraud by borrowers. Fannie’s so-called “loan quality initiative” will require lenders not only to pull two credit reports [...]
When you buy a home, chances are high that you will eventually sell as your life changes over time. In the United States, it’s estimated that homeowners change residences every five to seven years. So when you are house hunting, it’s important to keep resale value in mind. Some features you may find desirable may [...]
The following article was in my May 17th Home Actions Newsletter which I just read again and actually changed my facebook settings as a result. You may want to check your own privacy settings on Facebook if you haven’t already. Using a weak password Avoid simple names or words you can find in a dictionary, even [...]
(ARA) – With winter a fading memory, you’re ready for your home decor to fully embrace the light, upbeat spirit of warm weather. You’ve decided to discard the darker hues in your home and brighten things up a bit. Replacing dark accessories with brighter, lighter ones is a fast, easy way to lighten the mood [...]
Shirt sleeves are getting shorter and the days are getting longer, which can only mean one thing – summer is just around the corner. No matter how many fun summer activities you have planned for your family, as the summer wears on, you will eventually hear two things from your children: “I’m hot” and “I’m [...]
