17
FEB
2015
Cost of home ownership #b-logics

Future of Homeowner’s Tax Breaks

Whenever there’s a conversation about tax code changes, tax cuts and/or tax revenues, the issue of eliminating tax breaks provided to homeowners always comes into play (Tax Breaks). These tax breaks have been under attack for the past few years and the arguments for eliminating
13
FEB
2015
Don't Jump on the Bandwagon loanlogics.com

Don’t be too quick to Jump on the Bandwagon

All of a sudden, with the recent reduction of the FHA annual insurance rate, it seems that all will be right with the world (FHA Premiums). This because apps increased as a result of existing FHA loans refinancing to get the lower annual premiums. This is good for these...
12
FEB
2015
Down Payments Rise #b-logics.com #loanlogics

Down Payments Rise

Here’s a little ditty from our friends at LendingTree (Down Payments). It seems that, the average down payment for a conventional loan increased, YOY in the 4th quarter, from $45,545 last year to
11
FEB
2015
Being a Little Bit Wrong #loanlogics #b-logics.com

Being a Little Bit Wrong

Can a bank be a little bit wrong when making a mortgage loan? Is that like being a little bit pregnant?  It seems that FHA believes so. FHA is considering some relief for lenders from actions under an ancient law known as
09
FEB
2015
Multi-generational persons who use digital and social media and online services of any age.

The Digitals

Ladies and gentlemen announcing a new group entering the world of demographics; Generation D, the Digital Generation (New Generation). Maybe, we’ll end up referring to them as the “Digitals”. These include, not just the Millennials, but spans
06
FEB
2015
A Look Into the Future #loanlogics

A Look Into the Future

With interest rates remaining low, property values stabilizing, in many areas increasing, and new mortgage products, many current homeowners are again refinancing their loans. A recent Freddie Mac report reveals that in 2014 a combination of all who refinanced, the saving...
04
FEB
2015
Quality is the Answer

More Emphasis on Quality

It seems to keep coming back to quality. Not to beat a dead horse (as the saying goes. I would never beat any animal; dead or alive) but quality really does matter. If we haven’t learned that we are doomed to repeat our lending failures. Take the recent changes by
03
FEB
2015
Michael Vitali, Chief Compliance Officer at LoanLogics

Quality Never Goes Out of Style

Regardless of changes in the markets, customer demographics, the economy, rules and regulations, one thing seems to stay constant, everyone wants quality. Quality in services, quality in products, quality in relationships and a satisfactory quality of life. Why would it be any...
30
JAN
2015
Marketing to Millennials

Is The Time Finally Right?

Much talk lately has been about when the Millennial generation, those 19 to 35, might jump into the housing market. Optimism grew when interest rates
28
JAN
2015
Marketing to Millennials

Get Online or Miss the Boat

Although a recent CFPB study may have shown that many home buyers do not shop for their mortgage, a recent lender survey reveals a little different story (Loans Online). It seems, contrary to what CFPB says, many people