Tuesday, February 23, 2010

NEW USDA LENDER

Your office has been approved to conduct business with Neighborhood Funding, Inc as of Feb. 23rd, 2010. We can assist your office with all of your USDA Rural Development loans. The goal of the team at NFI is to see your loans close quickly and efficiently. The policies and procedures in place ensure that your goals are reached.

Among the many responsibilities of an Account Executive is to price and expedite the processing of your loans. We set up your files for underwriting, and facilitate communication between you, affiliated business partners, and underwriting.

To get pricing Call (813) 935-1800 ask for, Adam Long.
To get a preliminary qualification, fax your 1003, credit report, scenario letter, and letters of credit explanation to 813-931-2390, or send digital copies through our secure FTP Server or through “Password Protected” email. Call (813) 935-1800 ask for Carl for FTP set up. Please be sure to email our submission form as well as the FNMA 3.2 file with all loan submissions.

Full files ready to be underwritten may be sent through our FTP Server or “Password Protected” email.

Neighborhood Funding, Inc
8910 North Dale Mabry Hwy #18
Tampa, Florida 33614

If you have any questions, please feel free to call me at 813-935-1800. Thank you for giving Neighborhood Funding, Inc the opportunity to provide great service.

Wednesday, February 10, 2010

Bank of America- RESPA rules- see call in number

RESPA / Regulation X - Changed Circumstances & Fee TolerancesBroker Knowledge Sessions are designed to help our broker clients learn best practices when working with Bank of America Home Loans Wholesale Lending. Please join us for a live presentation on the following key changes under RESPA / Regulation X:
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Defining a Changed Circumstance
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Internally vs. Externally Discovered Changed Circumstances
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Reporting a Changed Circumstance
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Processing a Changed Circumstance
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Fee Tolerances
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Scenarios: Processing a Changed Circumstance

Please Note: This call, excluding the question and answer session, will be recorded. To listen to the call recording, dial 800.642.1687 and enter the conference ID# 514 834 55. This playback will be available until 02/26/10.