Lending

Exploring New Regulations and More

For this issue’s Ask a Lender column, Brian Jessen, senior vice president of Guaranteed Rate, answers questions posed by Chicagoland Realtors. Q: Tell me what is happening with the jumbo mortgage market lately. Is it getting any better? A:

Ask A Lender

For this issue’s Ask a Lender Column, Drew Boland, vice president of mortgage lending for Guaranteed Rate, answers questions posed by Chicagoland Realtors. Q: We have seen a lot more first-time buyers going FHA in this market. Is that

Renting vs. Owning: How to Advise Your Clients

By Charlie Eck With the residential real estate market going through a tumultuous period, is now the right time for your rental clients to make the move into buying? The answer is, “most likely.” There are many potential clients

Understanding Current Lending

By Tammy Hajjar Lehman Brothers files for bankruptcy, AIG receives monetary infusion from the Fed, Bank of America acquires Merrill Lynch, the White House signs a $700 billion financial market bailout, JP Morgan Chase swoops in to save Washington

Reverse Mortgages: Fact vs. Fiction

By Mike Scarantino Fueled by an escalating number of Americans who are reaching their retirement years and finding that Social Security benefits are not enough, reverse mortgages are becoming more popular than ever. The loans, which allow seniors 62

Aging in Place

Reverse mortgages can help clients stay at home By Bernie Ockrim In the recent past, when older people had difficulty living on their own it was a signal that it was time to move in with family members or

Lending: Life After Your Client’s Bankruptcy

By Jose H. Caraballo Bankruptcy is an uncomfortable subject for a variety of reasons. The most obvious is the potential havoc it can wreak on your client’s finances. Running a close second is the negative stigma which is often

Life After Your Client’s Bankruptcy

By Jose H. Caraballo Bankruptcy is an uncomfortable subject for a variety of reasons. The most obvious is the potential havoc it can wreak on your client’s finances. Running a close second is the negative stigma which is often

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