Fannie Mae Writes The Rules, Not Us!

January 29th, 2013

It needs to be made clear to mortgage consumers that loan officers, underwriters and lenders in general do not write the mortgage rules, but government entities such as Fannie Mae and Freddie Mac write the rules that we have to follow.

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Occupancy Fraud? What Is That?

April 30th, 2012

Hi, it is Brian Martucci doing a video blog from the beach. I am in Manhattan Beach, California. Take a look. Beautiful, is it not? So, today I want to do a video blog about occupancy fraud. By occupancy fraud I mean somebody that says that they’re going to live in a property as their primary residence when they really have no intention to live in the property as their primary residence. They really are going to rent it as a rental property.

Why do people do this and say that they’re going to live there when they are not? They do it because you will get a lower interest rate Read the rest of this entry »

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