Greg Cowart on Zillow
Greg Cowart - Mortgage Broker or Lender at The Securus Group
Greg Cowart - Roseville Loan Guy

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Homepath Incentives, AGAIN!

Fannie Mae is offering buyers up to 3.5% in closing cost assistance on HomePath┬« properties. HomePath homes are REO’s that have already been taken back by Fannie Mae and put on the market at a certain price as HomePath eligible. I did a complete breakdown of the HomePath on a previous post but here is […]

Short Sale Fraud is a big problem, getting bigger…

According to the commissioner of the State Of California Department Of Real Estate (DRE), Short Sale fraud is on the rise. In a recently issued letter the DRE reached out to local mortgage lenders to advise them of the problem, as well as for help. Even though there are many ways short sale’s can be […]

SB 1275 Fails in Assembly Vote

California Assembly Bill: SB 1275, which would have a negative impact on lender/servicers in California, and ultimately mortgage borrowers in the state, failed this morning on a reconsideration vote in the State Assembly. The bill failed 29-36, and is not expected to be revived. A number of organizations, including the California Mortgage Broker’s Association, opposed […]