San Mateo, CA (PRWEB) November 15, 2011
The economy has changed substantially over the past few years and it is clear we are experiencing a brave new mortgage industry along with it. Insiders know that to craft the best scenario for clients, those in the industry must go beyond the normal, think outside-the-box and be able to see the big picture in lending. This is something that Petaluma's Mortgage California does on a day-to-day and an hour-to-hour basis.
“We are constantly looking for bright talent and visionaries to serve our clients,” says Robert Reid, CEO of RMR Financial and Mortgage California, a Petaluma full service mortgage banker specializing in residential lending. “Brent is exactly that kind of advocate for his clients going the extra mile for them. That’s why we are proud to bring him on to our team.”
Excellence above all else is Blaustein’s credo and it is clear he lives and works by it. Closing more than 2,000 transactions since starting in the industry in 1998, he has made home ownership a reality for many families. He is a “President’s Club” top producer by closing more than $35 million in annual gross loan volume over the past five years.
A native of the Bay Area, Blaustein knows the local market and understands the culture. He spends time with each client to plan and organize their finances so that the decisions they make are based on what is best for their specific situation. He is the linchpin many bring on to get their transaction structured properly and closed on time.
“We needed a new mortgage and Brent came through with flying colors. He was efficient, thorough and communicated with us on everything. It is a pleasure to recommend Brent,” says John Rothmann, talk show host at KGO News Talk 810 AM.
Blaustein’s customization and use of the hottest new video communication technology has also won him many accolades. As an expert in the many guidelines, rates and programs offered he provides an in-depth analysis, and avoids any potential stumbling blocks along the way. He consistently receives praise for this thorough communication style with his clients and Realtors® and knows how important customer service is.

The Act would gradually reduce the portfolio of mortgage-related assets guaranteed by Fannie Mae and Freddie Mac and take steps to bring uniformity and transparency to the housing market so that private capital can begin to replace the GSE's.

I have not heard if you will be able to refinance a 1st mortgage and subordinate a 2nd mortgage. 3) Does My Home Qualify? You will need to confirm that you have a Fannie Mae or Freddie Mac loan on your home. You can get this information by going to the
The following tables look at Fannie Mae/Freddie Mac (GSE) loans and private label securities (PLS) loans originated in 2003 when the economy was strong and there were three years of increasing home prices ahead and in 2006 when prices had started to

For some of the 67000 homeowners in Middle Tennessee whose properties are financially underwater or near it, partial relief could be close at hand, thanks to a retooled federal program affecting droves of Fannie Mae and Freddie Mac loans.

Note: Since it can take up to 60 days to securitize a Fannie or Freddie loan, even if your start date is close to June 1, 2009, you still may be ineligible. HARP 2.0 is designed to help homeowners with or without private mortgage insurance (PMI),
Fannie and Freddie intends to publish a few tips with additional details on the program mid-November. This is just around the corner. I do want to emphasize that participation in the program HARP is not mandatory. And mortgage entities that are willing to participate will be some additional time to implement any changes they deem necessary to integrate this program into their operations.
This means that we will not actually see the program HARP help someone new and improved until, at the earliest, in the course of December. That does not mean you shouldn’t be talking to a lender to make sure you wouldn’t qualify once the program is set for release.
There are a bunch of eligibility requirements on this loan like all loans. So don’t just sit there waiting to see if you might qualify. Talk to your lender today or contact me. You must have made all your payments on time within the last six months and only 1×30 in the last 12 months.
These are the guidelines we know as of today, with more to come. The truth is that mortgages are complicated. Instead of trying to figure it out on your own, contact a trusted lender in your area or contact me for help. Don’t wait. Do it today. If you are eligible for the new HARP program you will want to be on the list to get your loan done first.
If you don’t need the HARP refinance program and you think it won’t effect you – think again. Once this bad boy is released you could see some big delays in the mortgage process. If you are looking to refinance today, you might want to get it done before this is released. You will be glad you did.
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Let’s change the way people shop for a mortgage…forever!
- Mike
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