David Moore Warshaw Capital LLC Loan Officer NMLS 487573

05/19/2024

Thank you Kim for the high rating. When we team up for our homebuyers it's always a great experience.

Click to see all 1 reviews of David Moore, Mortgage Consultant l NMLS #487573

06/16/2020

Very relevant content in today's COVID-19 environment.

05/26/2020

Thanks to Mortgage Industry Blogger Rob Chrisman, for today's commentary on Real Estate. Interesting dynamic with new home construction.

I doubt if I have ever pressed "7" or "8" on my microwave oven keypad. Speaking of 7 & 8 (I know, a weak segue), originators are keenly aware of what builders are seeing & doing, economy-wise, and 78 percent of them did not lower their prices in April. Not only that, but 41% of home sales had bidding wars, according to Redfin. "Demand for homes has picked back up after hitting rock bottom in April, and that uptick paired with a lack of supply is a recipe for bidding wars. Homebuyers are getting back out there, searching for more space as they realize using their home as an office and school may become the norm. But sellers are still holding off on listing their homes, partially due to economic uncertainty and concerns of health risks. In some hot neighborhoods, there may only be one or two homes for sale, with multiple homebuyers vying for them." Heading into the pandemic low inventories and forbearance limited supply, while favorable Millennial demographics and low interest rates boost demand. And job losses from Covid-19 have hit lower-income workers hardest, and they typically rent. People still need a place to live and want to own a home.

04/28/2020

Lot's of noise in the mortgage market these days. Bloomberg article highlights some of the challenges the industry will have to deal with once the health care emergency subsides.

The mortgage market has been disrupted by millions of borrowers postponing payments because of coronavirus. But lenders and veterans of the 2008 financial crisis warn the real chaos won’t start until the pandemic passes.

04/14/2020

And Wells Fargo is turning clients that want cash out refinance loans. I am still helping clients with lower FICO scores and those wanting to refinance their homes.

The economic impact of the coronavirus has led mortgage companies to raise their lending standards to protect both borrowers and themselves.

04/07/2020

As Wells Fargo narrows their mortgage product selection to clients by "pausing" on cash-out refinance loans and what they may consider riskier conforming purchase loans, Hudson United Mortgage maintains a wide selection of home loan programs for our clients.Hudson's relationship with dozens of wholesale lenders provides more options and solutions for home buyers and home owners. Let's power through this together.

Wells Fargo & Co , the largest U.S. mortgage lender, is offering fewer home loan products during the coronavirus-fueled economic downturn, a spokesman said on Monday. The bank has paused many kinds of loans including cash-out refinance loans, most home equity loans above $250,000 and riskier non-con...

02/25/2020

Never a better time to buy. Whether it's your primary residence, 2nd home / vacation home or investment property.