Hi Everyone,

Here’s the follow up from Day 1:

Ken Harney’s column regarding LOs using worksheets to provide a pre-GFE in order to attempt to escape quoting fixed costs on the new GFE.

Link to the Neighborhood Watch website where we can check on the FHA default rate of various companies.  And a related story from the Seattle Times.

Stephen Colbert: Honor Bound.

and this late breaking news tonight about FHA raising standards and raising the mortgage insurance premium.  We should expect continued, gradual tightening at FHA.  It should come as no surprise when standards tighten again during 2010.

Day 2
Different ways of holding title.

There was a question left over from Day 1 regarding the dollar amount of the fidelity bond needed for escrow companies in WA State on the escrow quiz. Confirming the answer, as noted in the quiz is $200,000. Here is the link.

And while we’re on the subject of links, here’s the page we talked about on the NAMF website providing the links to all the laws.  All the NAMF exam prep info will eventually move to this new domain.  And who wants access to the existing practice exams for free before they go away and transition to the new platform? When you’re ready, email me and I’ll send you the logon info.