FHA chatter; News from MERS, Wells, Flagstar; Home price index not as bad as feared
As my grandfather used to say, “If you find yourself in a hole, the first thing to do is stop digging.”* Apparently the folks at Sunwest Bank, out of Tustin, CA, felt the same way. Clients received a letter saying, “I regret to inform you that as of October 2, 2009, Sunwest Bank will be suspending its mortgage banking operations. My staff and I will be available through October 2, 2009 to assist you or answer any questions you may have.” (* Unlike my uncle the convicted felon, who always said, “If you …
Read Rest of FHA chatter; News from MERS, Wells, Flagstar; Home price index not as bad as feared