Wake me up, when September Ends / Harvest Time!
Good morning all! Well what a year it has been so far, we’re excited to see what Fall will bring! And we had a good August; a great way to finish the summer months. An interesting tidbit about...
View ArticleProminent Escrow welcomes you to our Newport Beach office
We are extending our Prominent family all over southern California to better serve our clients! With 5 branches and counting, we are introducing the open house of our Newport Beach branch this...
View ArticleNEW SERVICE for our clients
Prominent Escrow is excited to announce our newest service to our clients! In additional to many of our “think outside the box” escrow services, Prominent Escrow is proud to introduce our new...
View ArticleThank You to the Guests of our Newport Beach Open House Celebration!
On the evening of Wednesday November 14th 2012, Prominent Escrow celebrated the opening of its newest Orange County branch location near Fashion Island. There was a fantastic showing of well-respected...
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Appreciative Sellers
There is nothing more rewarding than an appreciative seller dropping off a thank you gift to escrow for a job well done. A thank you to Christine Tokat from one of our clients.
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Prominent Escrow A Proud Sponsor of OC Child Abuse Prevention
Prominent Escrow Services is a proud sponsor of the Orange County Child Abuse Prevention Organization. They are Orange County’s leading nonprofit organization focused exclusively on the prevention of...
View ArticleRefinance Applications Decrease
Refinance Applications Decrease The rise in mortgage interest rates over the past several months is having a clear impact on the mortgage side of the market. The Market Composite Index (MCI), which is...
View ArticleShadow Inventory Decreases
Shadow Inventory Decreases Market data coming from the Market Realist (MR) states that shadow inventory of distressed homes has been decreasing. According to MR, “shadow inventory is an estimate of the...
View ArticleCredit Getting Easier
Credit Getting Easier According to the most recent monthly Origination Insight Report (OIR) from Ellie Mae, Credit restrictions that have been hampering the real estate and mortgage market have been...
View ArticleEconomic Signals
Economic Signals The status of the economy has been the overriding national concern for the past several years. Currently most analysts are saying that we are pulling out of the deepest recession in...
View ArticleExisting Home Sales Increase
Existing Home Sales Increase 9-25-13 The most recent monthly data from the National Association of Realtors® (NAR) shows that sales for existing homes increased in August reaching the highest level in...
View ArticleHomebuyer Traffic Slows
Homebuyer Traffic Slows According to the latest Campbell/Inside Mortgage Finance HousingPulse Tracking Survey, the US housing market may be starting to “lose some steam” after seeing strong growth...
View ArticleHousing Recovery Index
Housing Recovery Index According to a new survey index released by RealtyTrac® (RT), “the nation’s leading source for comprehensive housing data,” the housing market in America has “shifted to recovery...
View ArticleLoan Modifications Help Recovery
Loan Modifications Help Recovery According to a recent report from Hope Now and data from the U.S. Treasury Department, loan modifications are being credited with helping to strengthen the housing...
View ArticleSeptember Foreclosure Update
September Foreclosure Update Data from the latest U.S. Home Equity & Underwater Report from RealtyTrac® (www.realtytrac.com), “the nation’s leading source for comprehensive housing data,” shows...
View ArticleTop Wealth & Health Markets
Top Wealth & Health Markets According to the Local Market Monitor (LMM) from RealtyTrac® (RT), certain states offer more optimal opportunities for homeowners to enhance their personal “wealth and...
View ArticleUnderstanding Credit Scores (Pt 1)
Understanding Credit Scores (Pt 1) Even though a borrower’s credit score is not the only criteria that lenders look at when considering a loan approval, it is essential that borrowers do everything to...
View ArticleUnderstanding Credit Scores (Pt 2)
Understanding Credit Scores (Pt 2) In the fist blog we looked at the five criteria for evaluation that is used to establish a consumer’s credit score, but there are other factors that a consumer needs...
View ArticleLoans Easier to Get pt. 1
Loans Easier to Get pt. 1 Since the mortgage collapse of 2008 home mortgage loans, for either purchase or refinance, had distinctly become more difficult to come by as a consequence of tighter lending...
View ArticleLoans Easier to Get pt. 2
Loans Easier to Get pt. 2 Following part one of this blog, and looking further at the same Origin Insight Report from Ellie Mae, it can be seen that the amount borrowers are required to put on the...
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