banks

Fannie Mae Changes Covered By Kari Phillips

With Shelley Brown away on vacation, Southern Fidelity Mortgage's Kari Phillips joins Harvey as co-host. During her segment, she has a lot to talk about, especially about Fannie Mae policy changes. For example, previously, only 60% of one's assets could be used towards the Continue Reading

Kudos to Our Preferred Partners

John Ingram of New American Funding just closed a loan for a longtime client of mine in record time.... AND with a contingency on the sale of his current home AND a transfer of funds from one escrow to the other! New American funded the loan almost simultaneously once our Continue Reading

Homeowners Bill of Rights

I had the opportunity to hear Robert Noggle, Esq. speak yesterday about the new HOBR legislation.  He helped clear up a misconception that was pervasive and being mistakenly sold to the public at large. This misconception is that the banks can't ask for an "Arms Length" Continue Reading

Where are the homes?

WHERE ARE THE HOMES? The inventory of available homes here in Southern Nevada has been hovering around 4,000 for many months now.  Buyers are wondering where all the homes are so they can buy again.  The theory is that the "banks" are sitting on a lot of homes and they are Continue Reading