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Matt Pfrommer, Princeton Wholesale Mortgage
Apr 3, 20183 min read
Equity in the Numbers
Last week, we posted about the $5.5 trillion in equity that homeowners are sitting on and pondered when and how homeowners would start to...
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Matt Pfrommer
Mar 23, 20183 min read
Something's Gotta Give
As I look out the window and see snow everywhere, it’s hard to believe that spring has sprung and the housing market is bracing for the...
48 views0 comments
Charles Howell
Mar 20, 20182 min read
Are Millennials just late bloomers?
For much of us in the north east, the first day of Spring is ruined by depressing winter weather warnings. When will it start to feel...
132 views0 comments
Princeton Wholesale
Mar 19, 20182 min read
Searching for positivity in the mortgage industry as Q1 winds down… I’m still looking.
Tax reform (for some) has made owning a home more expensive, refinances are down 34% from last year, it’s a purchase market, but we’re in...
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Princeton Wholesale
Mar 16, 20183 min read
Not so fast… FNMA prepares the release of DU 10.2; Is your bracket busted yet?
“After assessing the profile of loans delivered to us since the DU 10.1 changes went into effect, we are fine-tuning DU’s risk assessment...
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Josh Teti
Mar 14, 20183 min read
Macro patience = long-term success (and staying out of jail)
Have you ever watched American Greed on CNBC? How about the newer show on Netflix called Dirty Money? If you’re not aware of the general...
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Princeton Wholesale
Mar 12, 20183 min read
The Mortgage Broker Renaissance
In Adam McKay’s adaptation of Michael Lewis’ ‘The Big Short’, the mortgage broker is depicted as a smooth-talking con-artist that has...
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Josh Teti
Mar 9, 20182 min read
Amazon’s Latest Move… Mortgages
For those of you that have been following our blogs (we appreciate the support!), back in January I wrote about Amazon's search for HQ2...
126 views0 comments
Princeton Wholesale
Mar 7, 20182 min read
The White House Employee Carousel Continues; The Senate takes on the Dodd-Frank Act
Come senators, congressmen Please heed the call Don't stand in the doorway Don't block up the hall For he that gets hurt Will be he...
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Princeton Wholesale
Mar 5, 20182 min read
MI companies aren’t in love with 50% DTI; Atlanta or Virginia for Amazon HQ2?
Private mortgage insurers MGIC and Genworth have announced that any mortgage insurance application received on or after 3/1 for MGIC &...
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Josh Teti
Mar 1, 20182 min read
The Great Recession…have we learned our lesson?
Think back 10 years ago to March 2008 (yeah I know, it’s March already?!). I was in college getting pumped for spring break in Florida...
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Charles Howell
Feb 26, 20182 min read
Rain, rain, stay away! Updates to flood requirements are on the way.
As we worry about rising interest rates causing a draining period in our industry, let’s not forget the many people that are literally...
44 views0 comments
Brandon Konieczny
Feb 22, 20182 min read
Trigger Leads... are we being breached?
Do you ever get a call from a number that you don’t know only to find out that it is a telemarketer or someone trying to sell you...
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Princeton Wholesale
Feb 20, 20183 min read
The importance of a good partner; It's 72 degrees in Pittsburgh!
It’s Tuesday, February 20th, 2018 and it’s going to hit 72 degrees with tons of sunshine in Pittsburgh today. I should probably stop...
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David Star
Feb 16, 20182 min read
Privatizing the GSE’s… is it worth the risk?
Most of us, at this point, have moved on from the Great Recession of 2007-2012. Our market is in a completely different state....
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Princeton Wholesale
Feb 12, 20182 min read
Ginnie Mae clamps down on loan churning; QM Points and Fees bill passed through The House last week
A few weeks back we discussed the investigation that was launched by a Ginnie Mae & Department of Veterans Affairs, joint task force...
41 views0 comments
Princeton Wholesale
Feb 5, 20182 min read
It’s the first Monday in February… let’s talk jobs; Congrats Philly fans!!
We’re hiring!! Well, yes that’s true… Princeton Mortgage is currently hiring, but so are other non-bank mortgage lenders and mortgage...
49 views0 comments
Princeton Wholesale
Feb 1, 20182 min read
The CFPB managed to win and lose in their most recent court case; Rates continue to rise…
Have you been following the PHH v. CFPB case? No? Me either, but I did find the most recent ruling in the case very interesting… so we’re...
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David Star
Jan 31, 20182 min read
What do homebuyers really think of the mortgage industry?
It seems that almost every major industry has been going through a “renaissance” for innovation in technology. With all this fast...
54 views0 comments
Princeton Wholesale
Jan 29, 20182 min read
NY, NJ & CT fire back against Tax Reform; Also, I’m sorry… I’m going to talk about blockchain ag
Photo by Ryan Loughlin on Unsplash Do you know what the mortgage industry really needs? More acronyms… I’m kidding of course, but there...
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