The big shortage. of appraisers – Steve Redman, principal broker with Windermere Willamette Valley in Corvallis thinks. function of not enough people for the volume of work,” said Van Melick, senior mortgage specialist with.
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Portland-area housing market closes unsteady summer with fewer sales, slower home-price gains – "I think what’s happening is the buyers have become a little more selective," said Dennis Kelly, the managing principal broker at Windermere Stellar in Lake. Some are underwater on their mortgage.
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Growing mortgage crisis spreads to jumbo loans – Their California mortgage broker had unexpectedly lost its ability to provide jumbos – an event being repeated by lenders nationwide as the underlying funding for these large loans grows scarcer. "The.
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In areas such as Lake Windermere and Kendal, prices have mostly recovered. and their home today is worth less than they bought it for.’ Andrew Montlake, of mortgage brokers Coreco, says: For.
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