Remigio Ferrara - NMLS ID #476380Owning a home has several advantages over renting. The financial benefits can help you achieve your long-term goals and can only be experienced by making the leap to home ownership. Renting Tax Advantages: n/a Investment: n/a Inflation Protection: n/a Security: n/a Owning Tax Advantages: Tax deductions can lower your monthly payment by up to 20% or more. Investment: A 4.0% annual rate of gain can double the value of a home in 17 years while you pay down what you … [Read more...]
Make The Dream of Homeownership Reality
Our Mission: Partnering with Real Estate Professionals At McLean Mortgage Corporation, we know that your utmost concern is to make sure your clients are well cared for. We have developed systems that deliver on-time closing time and time again. As a matter of fact, in 2012 we closed over $1.5 billion in transactions. And while other companies have focused on refinances, we have focused on continued superior service to the real estate community. I have worked with many banks and mortgage … [Read more...]
Save Cash and Get A Maximum Deduction for Your Mortgage Payment
McLean Mortgage Corporation Presents Mortgage Insurance Eliminator. What if your lender was willing to pay your mortgage insurance costs? What would that mean to you? There's no cost up-front to you You eliminate any non-deductible insurance costs. For a limited time only McLean Mortgage is offering reduced costs on the Mortgage Insurance Eliminator. This price is too low to advertise. Call for more information. Let us cover your mortgage insurance The Mortgage Insurance Eliminator … [Read more...]
Is Your Buyer Purchasing a New Home?
Purchasing a home is an exciting adventure for buyers. We know that the mortgage portion of this process is more complicated than ever. McLean Mortgage Corporation and I understand this and strive to make the home-buying process easy and enjoyable for your buyers. McLean Mortgage Corporation has many loan options available. Our goal is to help your buyer select the best loan option for their financing needs. Here are some of the unique loan programs we … [Read more...]
Purchasing a New Home or Refinancing Your Current Home?
Whether you are purchasing a new home, refinancing your current mortgage, or using your home equity to help build your dreams, McLean Mortgage Corporation and I will provide the professional, efficient and courteous service your deserve. With so many loan options available, we will help you select the best loan option for your financing needs. McLean Mortgage Corporation and I are committed to our customers and we look forward to assisting you in the future. Here are some of the unique loan … [Read more...]
Agencies reviewing treatment of collateralized debt obligations backed by trust preferred securities under final rules implementing the “Volcker rule”
Board of Governors of the Federal Reserve SystemFederal Deposit Insurance CorporationOffice of the Comptroller of the CurrencySecurities and Exchange Commission For immediate release December 27, 2013 Agencies Reviewing Treatment of Collateralized Debt Obligations Backed by Trust Preferred Securities under Final Rules Implementing the "Volcker rule" The Federal Reserve Board, the Federal Deposit Insurance Corporation, the Office of the Comptroller of the Currency, and the Securities and … [Read more...]
Federal Reserve Board seeks comment on proposed amendments to Regulation A regarding emergency lending authority
Release Date: December 23, 2013 For immediate release The Federal Reserve Board on Monday invited public comment on proposed amendments to Regulation A (Extensions of Credit by Federal Reserve Banks) to implement section 1101 of the Dodd-Frank Wall Street Reform and Consumer Protection Act. Section 1101 amended the Federal Reserve's emergency lending authority in section 13(3) of the Federal Reserve Act. As required under the Dodd-Frank Act, the proposed rule is designed to ensure that any … [Read more...]
Federal Reserve Board advises large financial institutions to carefully evaluate transactions intended to reduce risk
Release Date: December 20, 2013 For immediate release The Federal Reserve Board on Friday advised large financial institutions to carefully evaluate transactions intended to reduce risk to ensure that, if risks are shifted to a thinly capitalized counterparty or affiliated entity of the firm, any residual risk is effectively captured in the firm's internal capital adequacy assessment. Examiners will closely consider such transactions, and potential residual risks, when evaluating an … [Read more...]
Agencies issue FAQ document regarding collateralized debt obligations backed by trust preferred securities under final rules implementing the “Volcker rule”
Board of Governors of the Federal Reserve SystemFederal Deposit Insurance CorporationOffice of the Comptroller of the Currency For immediate release December 19, 2013 Agencies Issue FAQ Document Regarding Collateralized Debt Obligations Backed by Trust Preferred Securities under Final Rules Implementing the “Volcker Rule” Three federal financial institution regulatory agencies today issued a FAQ (Frequently Asked Questions) document to provide clarification and guidance to banking entities … [Read more...]
Agencies release annual CRA asset-size threshold adjustments for small and intermediate small institutions
Board of Governors of the Federal Reserve SystemFederal Deposit Insurance CorporationOffice of the Comptroller of the Currency For immediate release December 19, 2013 Agencies Release Annual CRA Asset-Size Threshold Adjustments for Small and Intermediate Small Institutions The federal bank regulatory agencies today announced the annual adjustment to the asset-size thresholds used to define small bank, small savings association, intermediate small bank, and intermediate small savings … [Read more...]
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