Good News from Dr. Manny

It was a friend of mine who wanted to share his idea about social security benefits who suggested to make it as a question addressed to Dr. Manny. This in turn led to writing the e-mails which are addressing different issues related to current mortgages. Some questions are coming from my clients and some I create on my own. The underlying guidance is to spread good news and put a smile on other people's faces.

If you have a question you would like to ask please send an e-mail to deardrmanny@yahoo.com. We will try to answer all of your mail. Looking forward to hearing from you.

01 May

Good News from Dr. Manny: May '10

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Good News from Dr. Manny

In my last newsletter, I wrote that I am expecting a secondary mortgage market to open up by the end of 2010. As it turns out, it is already happening. The April 14th issue of The San Francisco Chronicle reported, “Mortgage – backed securities return.”

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14 Apr

Good News from Dr. Manny: April '10

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Good News from Dr. Manny

After the collapse of Wall Street, the secondary market for mortgage back securities, which provided banks with mortgage funds, fell apart. To prevent a total collapse of the mortgage industry, the government took control of Fannie Mae and Freddie Mac, the agencies who offer conforming mortgages. As a result, we all benefited from low interest rates for loans up to $417,000 and those a bit higher for $729,750.

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17 Mar

Good News from Dr. Manny: March '10

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Good News from Dr. Manny

Welcome to the revised issue of Dear Dr. Manny! We live in a world filled with a lot of negative news and misinformation, and not just in the mortgage industry. In response to this, I decided to share information, stories and experiences with you that I hope bring light and a smile into your life. Please enjoy!

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20 Nov

How To Score The Winning Number

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Good News from Dr. Manny

Dear Dr. Manny: I used to have a very high score. Recently I’ve checked it again to find out that it dropped below 700. The drop was caused by one late payment on my credit card that was not my fault. What can I do to increase my credit score?
- Concerned

Dear Concerned: A credit report is an x-ray of one’s financial well - being, and has become the cornerstone for any lending organization in their decision of who deserves their loans and on what terms...

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