In New York State, when taking out a mortgage, a recording tax must be
paid to the State and some municipalities. Figure that, paying tax on
borrowing money!
Â
The fee can be from
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The Robyn Report
The Robyn Report is a mash up of articles, reviews and interviews about all things real estate. We have tons of guidelines and tips about the new rules for mortgages and how to buy or sell a house. With all the new technology out there, you need to be updated on the latest apps, websites, programs and software to make home buying easier. We continue to search the universe to find the latest and greatest geek stuff out there! And of course, we write the books, hence we think all consumers should read the books, so we often have book reviews and interviews with the authors. Knowledge is power. Use it!
FNMA Deems The Single Girl A Greater Mortgage Risk
I went to a seminar yesterday to learn about the ever changing rules and guidelines in the mortgage industry. Among the many guidelines reviewed and stuck in my mind, one in particular
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FNMA Changes The Rules- Again
FNMA has changed the rules, tightened the belt and sailed the ships. Many changes have been made in the past few months to help reduce risk for FNMA, FreddieMac and all those Americans
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Polish Holocaust hero dies at age 98
Irena Sendler
was a 29-year-old social worker with the city’s welfare department when Germany invaded Poland in September 1939, launching World War II. Warsaw’s Jews
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Britain’s Mortgage Mess
Sound familiar? Yes, they have it too.
What happens in America does not stay here….it usually crosses the pond eventually. I am an avid CNBC watcher and I am slighted twisted
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Cuomo Causes Stir In The Appraisal Industry
From The Wall Street Journal:
Home-Appraisal Code May End Up in Court
By JAMES R. HAGERTY
May 8, 2008
“New York Attorney General Andrew Cuomo may face legal challenges to his
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Interest Rates Go Down For Conforming Jumbo Mortgages
Good news for people in need of a mortgage over $417,000 and under $729,000. When the new loan amounts came out the rates were awful and the price adjustments for cash out, FICO scores
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Mortgages for Foreign Nationals
A foreign national is a citizen and resident of another country who periodically visits the United States. Many like to have homes to live in and enjoy during their stays. A foreign
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Will mortgage rates go down with the Prime Rate?
Not necessarily.
The Fed Funds Target Rate  is the interest rate that a bank pays to borrow money from another bank or the Federal Reserve. That is the rate they change to try and get
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How long will this real estate slump last?
I spoke to one of my attorneys this morning as he drove from one closing to another. He is what you would call a road warrior in my business, driving from closing to closing no matter what
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