Click here for a printed form showing these two examples

Good Morning;

Today’s 2 minute Video Update is on actual examples of Fannie Mae’s HomePath Loan Program for Fannie Mae REOs

http://www.agoodlender.com/MyBlog

It was great talking with the Real Estate agents at Intero yesterday afternoon about the HomePath loan program.  I have attached some examples of what it can do today of actual listings on their web site.

Click on the link above for a short video explaining 2 quick examples of what can be done.  The first is for an Investor and the second for an Owner Occupant.

Mortgage Bonds are slightly higher so far, but off their best levels from earlier in the morning.

In the news, Initial Jobless Claims rose more than expected last week, signaling that the job market continues to experience problems. Also impacting the markets in the US and Europe is the ongoing financial malaise in Greece.

Currently, the Bond is attempting to challenge a strong ceiling of resistance. Therefore, I recommend floating for now. But be prepared to lock if the situation changes, especially this afternoon when the latest auction results are announced.

Rodney Roloff

Director of Sales

CA  DRE #1142903

Cal Coast Financial Corporation

39355 California Street; Suite 300

Fremont; CA  94538

(510) 456-3008