Delaware Budgeting: Your Home is Our Piggybank

Prior to this past Sunday, Delaware was the state that charged the highest property transfer tax in the country.  Customarily 3%, split between buyer and seller, with half the money going to the state and half to the local county in which a property was sold.  After Sunday, Delaware is the state with the highest... Continue Reading →

How Does the Fed Rate Affect Mortgage Rates?

Yesterday the Fed increased the target funds rate .25%.  This was the 4th time the Fed has raised rates since December 2015 when it was decided the economy was stable enough to begin increasing rates after a period of recession and a long-running Fed funds rate of .25 (effectively 0% as this is the lowest rate... Continue Reading →

Student Loan Mortgage Rules Loosen Up

Fannie Mae lightens up on Student Loan Mortgage Rules   This Spring, Fannie Mae released big changes to the way they'll allow mortgage companies to underwrite loan files involving student loans.  The student loan mortgage rules will now be more borrower-friendly, and will allow lenders to implement some common sense into underwriting loans for borrowers with... Continue Reading →

HOLY TRID! New Regulations for the Mortgage Industry Start Today!

Today marks the 1st day of new federally mandated regulations known as "TRID" (TILA-RESPA Integrated Disclosures). The Consumer Financial Protection Bureau (CFPB) has introduced these new regulations as part of their "Know Before You Owe" initiative. New forms are part of TRID whose purpose is to help make it easier for borrowers to understand complex... Continue Reading →

Mason-McDuffie Mortgage ranks No. 24 in Best Workplaces of 2014.

          For the third year in a row, Mason-McDuffie Mortgage was among the Top 100 Workplaces in the Bay Area.  MMCD ranked No. 24 in the category for small companies with fewer than 149 employees. The Bay Area News Group sponsored the afternoon event and a small group of MMCD employees attended the... Continue Reading →

80th Anniversary of East Bay Regional Park District

2014 marks the 80th anniversary of the East Bay Regional Park District (EBRPD), which includes 65 parks, 15 regional trails and more than 113,000 acres.  Did you know that the residential developer and realtor Duncan McDuffie was a conservationist, pioneer, and original proponent and founder of the California park system?  He was a major player... Continue Reading →

New Maui and Hilo Branches Open

"We are excited to expand our mortgage operations in Hawaii with the addition of new branches in Maui and Hilo.  But more importantly, we are fortunate to have four professional mortgage bankers open these new locations.  Sharon Robinson, branch manager, along with loan originators Patricia Ward and Tera Paleka will be our production team in... Continue Reading →

Sharon Robinson joins MMCD as Maui Branch Manager

Sharon Robinson has joined the Mason-McDuffie team as Branch Manager to lead the Maui team.  Sharon works hard to help borrowers move through the loan process as quickly as possible. “I make myself available in the evenings and even on the weekends- I understand the need in getting a contract in as soon as possible. ... Continue Reading →

Patricia Ward joins MMCD as Maui Branch Loan Originator

Patricia Ward, a seasoned professional Loan Originator (her first loan in the business 16 years ago was for a Las Vegas mogul for 4 million dollars), has joined the Mason-McDuffie Maui Branch office.  “I am ecstatic about working with Mason-McDuffie,” she said.  "In my 16 years as a loan officer, the people with this company... Continue Reading →

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