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Home  » Directory  » Matthew Graham
Matthew Graham
Rates Strategist, Author,  Mortgage News Daily / MBS Live!

Portland,  Oregon  97062
Articles
Comments
"There are too many factors that go into a decision like that, especially considering the time frame. I would talk to your loan originator and find out what your options are as far as potentially locking at a higher rate with float down option. This may not be available, but worth considering if so. I would also look at the difference in cost between locking now and locking for only 30 days assuming exactly the same rates and then ask yourself if that dollar figure is worth it for the peace of mind..."    View Comment
"Possible? Yes. That's the easy question. The tough question is the one concerning "probable." Harder to know, and I'm not sure anyone can really know ahead of time. Certainly though, there are some folks out there who will emphatically tell you Europe is doomed and we'll see another round of even lower 'record low rates' as a result. They could be right. The other crowd might say, it'll be a bumpy sideways ride around current levels, and there's a decent enough..."    View Comment
"This is a phenomenal and much-needed addition to the broader assessment of the mortgage melt-down. Great write-up Jann and great primary material. I've always felt angry and combative when confronted with a strong view point that advocates "blaming" one, or a few things versus the entire value chain. To me, this piece does just the opposite. Perhaps most importantly, the authors are careful to pay respect to the magnitude and complexity of the melt-down. It's refreshing to see an..."    View Comment
"Great stuff Mr. Berliner! I really like the "chicken and the egg" way of thinking about the onset of liquidity at frontier coupon levels."    View Comment
"you guys both missed the point... So I'll say it with fewer words. All the "stuff" Frank references = bad. I wouldn't argue that. Maybe it could have prevented pain. But pain has already occurred. That pain is a big deterrent from repeating same lending practices that played a role in creating pain. re: 1991, that pain = different than 2008 pain. My only point, and one that I really wouldn't have guessed would be a source of any debate or confusion, is that a lot of the regulation..."    View Comment
Q & A Questions
Q & A Answers
Forum Posts
"The good faith estimate is just what it states; an estimate. The HUD1 (settlement Statement) shows actual closing costs. The lender placed the money into escrow to pay the insurance if there is an overage then it is refunded to you. It would be a violation of RESPA for the mortgage company to be paid any amount that is not listed on the HUD1 outside of closing. A real estate attorney should know this. It is your money since it was taken out of the loan amount and placed in escrow, you should call..."    View Post
"If by chance the Attorney wants to pay the Mortgage Company let him know that by doing so would be a violation of RESPA. The mortgage company can only be paid what is listed on the HUD1 (Settlement Statement) at closing. No party to the transaction can be paid one cent outside of closing. The Lender placed the money in the Attorney's escrow account on your behalf to pay the insurance, the money came from your loan proceeds and if there is an overage then the balance is refunded to you."    View Post
"From what I understand here you refinanced your current mortgage with a different lender. In this case the Mortgage Company is not entitled to your insurance refund. The Mortgage Company can only be paid what is first listed on the good faith estimate and what is listed on the HUD1 (settlement statement) at closing. The mortgage company can not be paid one cent outside of closing, this would be a clear violation of RESPA. From what I gather you rolled the closing costs into the new loan amount so..."    View Post
"Don Smith, phone number 561-630-8466. Fax number 561-630-8107"    View Post
"If I could give you 10 stars I would, a very informative video. If the Democrats have the answer why didn't they do something this time last year, OH I forgot last year was an election year they did not whant to do anything that would make the cabinet look good. The House and the Senate do not know what to do, at this point everything is a gamble. When this all ends the feds will probably dump trillions into the mix. What is scary is that during Omama's speech he said that the brightest financial..."    View Post
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