April 24, 2008 by admin
More bad news for mortgage brokers and bankers as The Commerce Department reported today that new homes sales dropped 8.5% last month, representing the lowest level (slowest pace) in over 16 years. On top of this came news that the median price of new home sales dropped by the largest amount in almost 4 decades, the drop was 13.3% from a year ago.
Mortgage brokers looking to expand into new territories in hope of bumping revenue should take a look at our state by state mortgage broker licensing guidelines. We have just added a few new states: Oregon mortgage broker bond, Pennsylvania mortgage broker bonds, and for South Carolina mortgage brokers.
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April 22, 2008 by admin
The median price homes sold in March dropped to $200,700, a decline of 7.7% from the median price in March 2007. The National Association of Realtors revealed today that sales of existing single-family homes (including condos) also dropped 2%.
Bryant Surety Bonds also wants to make mortgage brokers aware that additional states have been added to our state licensing guide. The new states are for Georgia mortgage brokers, New York mortgage brokers, North Carolina mortgage brokers, and Ohio mortgage brokers.
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April 21, 2008 by admin
Bryant Surety Bonds is proud to unveil our state by state mortgage broker licensing guide. Because each state has its own laws and regulations, it is our hope that this guide will make it easier for mortgage brokers to know what they need to do to qualify for licensing in a new state.
Currently we have guides up for Alabama Mortgage Brokers, Alaska Mortgage Brokers, Arizona Mortgage Brokers, Arkansas Mortgage Brokers, Florida Mortgage Brokers, and New Jersey Mortgage Brokers. We will be adding to this list all the time, and will update you when new states become available.
Category: Bad Credit, License and Permit, Mortgage Banker, Mortgage Broker Surety BondComments (0)
