Servicing Frequently Asked Questions

General Information Q: How can I confirm that my payment has been received? A: You may sign up for the “Notify Me” option when you log in to manage your account under the ‘My Loans’ tab. By selecting this option, an email confirmation will be sent to you every time a payment posts to your…

Sorting Out the Difference Between Fannie & Freddie

Fannie Mae and Freddie Mac are two terms that get thrown out a lot in the mortgage industry. Because they are so common place, it’s rare that anyone takes the time to define them and what role they play. Fannie and Freddie are vital to the mortgage market. While they are similar in some ways,…

Fannie Mae & Big Data Make Huge Strides

The mortgage industry perhaps more than any other has a wealth of acronyms known as Alphabet Soup. UMDP, UAD, UCDP, URLA, UCD, and more. Collectively, these represent industry-wide efforts to bring standardized data collection and reporting in the mortgage market. The thought was that if all mortgage lenders and brokers conformed to a single standard…

How to Buy in Expensive Housing Markets

A lot of markets across the United States are very expensive. It’s been a seller’s market for some time now and homebuyers are having to compete for ever-increasing home prices. Here is a guide on how to buy in a housing market that might test your budget. The Worst House in the Best Neighborhood This…

Alternative Credit Scoring Options

The traditional means of assessing the risk of a potential borrower is under review around the nation. The Great Recession of 2008 triggered a wave of regulatory restrictions on underwriting criteria. Many Congressional legislators aimed to restrict the types of products that were marketed to the American consumer with the goal of eliminating financial products…

The Biggest Obstacles for Home Sellers

It has been widely reported throughout the mortgage industry that it is a seller’s market. This does not mean that the road to selling a home is made of gold bricks. Sellers still face challenges and obstacles. Understanding those difficulties on the part of the mortgage broker or loan officer can assist the seller in…

Pacific Union Financial, LLC Announces New Retail Branch in Burlington, Massachusetts

Pacific Union continues to expand Retail division Pacific Union Financial, LLC continues to expand its Retail division, opening a Distributed Retail branch in Burlington, Massachusetts. The branch will be serving homebuyers in the Greater Boston Area with their home purchase and refinance needs. Burlington Branch Manager, Arthur Clark, has over 25 years of experience helping…

Pacific Union Financial Partners With ValueInsured to Offer Down Payment Protection Nationwide With PacificPlus

Next Generation Home Mortgage Program Reimburses Homebuyers, Empowering Them to Buy With Ease and Confidence Pacific Union Financial LLC today introduced PacificPlus, an innovative new mortgage program that protects a homebuyer’s down payment. PacificPlus has +Plus SM down payment protection by ValueInsured SM  embedded directly into the mortgage loan, and is now available nationwide through…

Mortgage Programs and Assistance

When you buy a house, you hope and plan on building a lasting home. But sometimes life takes a turn. It can be frightening looking at the debt of a mortgage and not knowing how to juggle the numbers. Fortunately, there are resources available to help U.S. homeowners who find themselves experiencing difficulties. Housing and…