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phone: (401) 516-4752
mobile: (401) 516-4752
fax: (508) 730-6574
Stan Shaw
Managing Partner,  PRP ASSOCIATES LLC
1665 S. Main St
Fall River ,  Massachusetts  02724
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"I had the opportunity to be part pf the HOME123 Re-Launch and attend the recent NAR convention in New Orleans Where the NAR president made the request to Lenders and Fico to loosen the credit underwriting requirements. Here request was echoed by most of the Realtors I spoke with who very interested in our new product that would solve their big problem of buyers with documental income and the necessary down payment, but not the required minimum credit score. Plus unlike the requested changes by NAR..."    View Comment
"I recently participated in the Re Launch of HOME123 at the NAR National expo in New Orleans, where the NAR president made the reduced underwriting requst. We spoke with hundreds of Realtors who had tremendous interest in our upcoming CREDIT KEY program. Our Credit Key program offers a solution to a growing problem where more and more potential clients have the down payment, and the document able income, but find the new increased minimum credit score requirement is locking them out of home ownership..."    View Comment
"I Just got back from the NAR convention where I was participating in the launch of the new HOME123. We had tremendous interest from Realtors in our Credit Key program that will allow them to reach out to the community and help prospects who are income and down payment qualified, but lack the credit need to open the door to home ownership. Now I no why there was so much interest!"    View Comment
"Great article Jann. I am greatly saddened by thiis whole mess that happened in an an industry i love and have been a part of sine 98 as a loan officer, then a broker in 03 and finnaly an AE for a mid sized regional bank from 05 to 07. Sure there were investors looking to make a buck and flip properties, but there are Millions of families that were placed into loans they realy could not afford, with assurances that they could refi and everything would be ok. So, the crisis unfolds and lots of folks..."    View Comment
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