@scotsmang uide.com
RESIDENTIAL EDITION VOLUME
18 ISSUE
7 JULY 2011
What we’re blogging
» On Mortgage Metrics: Residential
scotsmanguide.com/resmetrics
“Although sales have been slowing, average FICO
scores for purchases and rate-and-term refinances
have continued to improve. In other words:
Fewer people are buying, but those who are have
healthier credit profiles.”
— Dan Yeh, June 1
Average FICO Scores
Illustration: Dennis Wunsch
Source: Scotsman Guide Loan Post
sctsm.in/4415
FOCUS: UNDERWRITING
Underwriting affects almost everything mortgage brokers and loan originators do.
Working with an appraiser? Helping clients with distressed properties? Seeking a
Federal Housing Administration (FHA) loan for a condo? There’s an underwriting
problem — and a solution — waiting. Let our archive show you the way. Want more?
Search the archive at
sctsm.in/RESsearch.
Scotsman Guide’s Mortgage Metrics:
Residential blog presents news links and content from our award-winning lender-search engines and Scotsman Guide Loan Post. Check
out daily posts — and exclusive data each
Tuesday — at
scotsmanguide.com/resmetrics.
Tools and resources
Tiptoe Through the Distressed-
Property Market (May 2011)
By Manuel V. Sicre, EMP Medical Services
and Central Medical Equipment Rental
sctsm.in/4586
Don’t Just Peek at the Loan Purpose
(January 2011)
By Lorene Randich, Redwood Mortgage
sctsm.in/4415
How Valuation Tools Help Paint an
Honest Picture (December 2010)
By Greg Dennis, MDA Lending Solutions
sctsm.in/4384
Preventing Discrimination Lawsuits
(November 2010)
By Farrell Bloch, Charles River Associates
sctsm.in/4371
FHA Loans Offer Opportunity and
Challenges (November 2010)
By Christopher L. Gardner, FHA Pros LLC
sctsm.in/4348
Seek Better Lender Tools to Close
More Deals (August 2010)
By Joe Bowerbank,
Loan-Score Decisioning Systems
sctsm.in/4243
Leveraging the GFE (June 2010)
By Janine M. Atamian,
Lincoln Appraisal & Settlement Services
sctsm.in/4168
How to Handle REO Deals (May 2010)
By Desirée Patno,
Desirée Patno Enterprises Inc.
sctsm.in/4117
NEW ONLINE THIS MONTH: HELPING HANDS
A Dallas-based lender fulfilled the wishes of 24 at-risk children this past holiday season.
sctsm.in/4648
» Scotsman Guide Loan Post
Post a loan scenario and receive lender
replies — for free.
scotsmanguide.com/loanpost
» Niche Lenders
Who can do a loan for that specialty property?
Check out our list.
scotsmanguide.com/resniche
» Search Wizard
When you’re unsure what type of lender has
a program for your borrower, let our wizard
do the work.
scotsmanguide.com/reswizard*
(* requires Internet Explorer)
» We want to hear from you!
Follow us on Twitter:
Darrick Meneken/residential edition:
twitter.com/ScotsmanGuideRE
Jennifer E. Garrett/commercial edition:
twitter.com/ScotsmanGuideCE
Ivanna C. Sukkar/editor:
twitter.com/ScotsmanGuideED
Dan Yeh/Mortgage Metrics:
twitter.com/ScotsmanGuideMM
Scotsman Guide Top Originators:
twitter.com/TopOriginators
Plus, visit us on Facebook:
facebook.com/scotsmanguidemedia
facebook.com/SGTopOriginators
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