Joe Pisa

Job Growth Jumps. Wage Growth Weakens.

Joe Pisa | February 3, 2017
In This Issue Last Week in Review: While more Americans found jobs in January, they still may be looking to add more to their paychecks. Forecast for the Week: Markets…

Federal Reserve Outlook

Joe Pisa | February 1, 2017
The Federal Reserve met today and decided that the Federal Funds Rate will remain low - holding steady between 0.50% and 0.75%. Since financial market experts predict several rate increases…

HOMEREADY & HOMEPOSSIBLE Income & Property Eligibility

Joe Pisa | January 31, 2017
https://homeready-eligibility.fanniemae.com/homeready/ http://freddiemac.com/homepossible/eligibility.html ​Put the address of your subject property into the HOMEREADY & HOMEPOSSIBLE Income & Property Eligibility tool and if the income limit works for your loan then this…

Current Position: Carefully Floating

Joe Pisa | January 9, 2017
Stocks are lower and mortgage Bonds are higher, recovering most of Friday's losses, so far this morning. It's a quiet new day and relatively quiet news week, highlighted by the…

Fannie Mae? Freddie Mac? Now it’s easy to choose.

Joe Pisa | December 13, 2016
Determining the best loan options for clients can be tricky – that’s why Caliber Wholesale has produced this checklist for our Broker Associates. New Features Fannie Mae Freddie Mac HomeReady…

Use The Slower Real Estate Market To Your Advantage

Joe Pisa | November 8, 2016
According to the National Association of Realtors, existing home sales rose strongly in September. But the winter and holiday months are typically a slower time of year for real estate. That can…

Product Enhancement

Joe Pisa | August 16, 2016
Fannie Mae HomeReady The following updates are effective for all HomeReady loans with a Note Date on or after July 26, 2016. Desktop Underwriter (DU) will be updated in a…